[scottiebarnes]

Your observations are also a bullish signal for Bitcoin, as it sort of functions as a "digital gold". Cheaper to transmit, cheaper to custody, basically instantly auditable/verifiable, as a financial instrument. No need to inspect, ship and melt down to store in warehouses.

[hypeatei]

Bitcoin mostly follows the S&P 500 now. No one actually cares about the technical merits. If they did, it'd probably be worth nothing because it's worse than our current financial system in every way: slow, irreversible transactions on a public ledger.

[scottiebarnes]

And how does it compare to gold?

[joezydeco]

I chose Costco over Coinbase, and I'm happy with my choice. I trust Costco.

[scottiebarnes]

That's great. I also enjoy taking custody of my data and property.