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RE: Buy When There is Blood in the Streets - Perception, Framing & the Power Down Paradox

in #steemit8 years ago

Thanks for you perspective. I think the value of things like bitcoin comes from people agreeing that it has value. It is not much different from paper money. Another way to look at it is to say that it is backed by the value of the resources that are used to mine it.

When I started in July I had no choice but to cash out because it was literally buying food for the family. I hated to do it because this is an investment in my future. I believe that with all my heart.

I don't think there is anything wrong with that.