So is gold, diamonds or stamps, or anything at all in this world.
As a matter of fact diamonds are know scam with overinflated price that are controlled by cartels that constrict supply to set and control the price. So is oil!
Nothing preventing the government from buying up lots of bitcoin with its money printer and then periodically dumping some to control the price of bitcoin...
Could do the same with real estate and the stock market...
thefounder|5 years ago
berbec|5 years ago
me_me_me|5 years ago
As a matter of fact diamonds are know scam with overinflated price that are controlled by cartels that constrict supply to set and control the price. So is oil!
I can't believe we still talk about it.
naveen99|5 years ago
Could do the same with real estate and the stock market...
Source: see gold.