Because to many people it is not the digital equivalent of stuffing money into your mattress; it is the exact opposite. It is the digital equivalent of investing.
Hell its not even the digital equivalent of investing. It's just plain old investing. (Or speculating, you might say)
What you're saying is currency speculation is usually safe.
You should be familiar with the old tradeoff- safety (aka risk) vs reward. Traditional currencies do not fluctuate very much. Bitcoin does, and being a fledgling currency, has the potential to explode in value.
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Because to many people it is not the digital equivalent of stuffing money into your mattress; it is the exact opposite. It is the digital equivalent of investing.
Hell its not even the digital equivalent of investing. It's just plain old investing. (Or speculating, you might say)
You can invest in a foreign currency and BTC is as foreign as it can possibly get
Yeah but when you do currency speculation you can hold the assets in banks and be protected by deposit insurance.
What you're saying is currency speculation is usually safe.
You should be familiar with the old tradeoff- safety (aka risk) vs reward. Traditional currencies do not fluctuate very much. Bitcoin does, and being a fledgling currency, has the potential to explode in value.