The only losers in bitcoin are the ones that stopped. Any 5+ year holding has been ridiculously profitable.
In gambling, the longer you continue, the more certain it is that you will lose. Bitcoin is a uniquely ironic form of gambling if it's gambling at all.
> Any 5+ year holding has been ridiculously profitable.
The more remarkable a short history the more likely it is not sustainable: Beanie babies, tulips, etc.
In a zero sum investment for every win there is a loss. Bitcoin however is highly negative sum. For every win there are far more losses. Who do you suppose pays hourly train loads of coal turned into CO2? How many years now?
elif|2 years ago
In gambling, the longer you continue, the more certain it is that you will lose. Bitcoin is a uniquely ironic form of gambling if it's gambling at all.
koolba|2 years ago
czl|2 years ago
The more remarkable a short history the more likely it is not sustainable: Beanie babies, tulips, etc.
In a zero sum investment for every win there is a loss. Bitcoin however is highly negative sum. For every win there are far more losses. Who do you suppose pays hourly train loads of coal turned into CO2? How many years now?
unknown|2 years ago
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