bitcoin is a store of value like gold and silver, but also different. i think, at the moment bitcoin is a strong investment and worth to buy and hold. many people trying to make only a profit in buying and selling it. but there are also many people like Rojer Ver...
people are willing to fight against the system. they're angry! bitcoin and some other cryptos can be seen and used as weapons. overvalued? i don't think so. there is a huge emotional aspect...
Exactly! Very well formulated! ;)
I wish everyone could see it the way the Roger does! The blockchain based cryptos are so superior to fiat, that there is no way to measure the difference.
Ratios are a great metric. And, as you can see in my chart, it is very apparent that trust in the dollar is declining. But, I think crypto will eventually come under pressure.