Given that, the continuing decline in the rate of supply and a tendency for demand to increase as stability takes hold, there is, in the long term, only one way for BTC/USD to move…up.
If you have $375 that you want to leave, in cash, for your great-grandchildren, you have a choice. You could lock the Dollars away somewhere in the certain knowledge that by the time that future generation accesses them they will be virtually worthless, or you could purchase 1 Bitcoin and store it in a digital wallet. If Bitcoin fails you have the same result, but if stability continues and is a sign of maturity then that future generation will be thanking you forever. That seems like a risk/reward ratio too good to turn down.
This level of shilling is disappointing to read on a major site like Nasdaq.com. It is dishonest to suggest that Bitcoin is not capable of collapsing to near-worthless levels in the future, or that that likelihood is equal to the probability of the USD collapsing.
It is even more frightening to think that a writer is publicly advocating for readers to gamble their children and grand-children’s future, rather than responsibly investing the USD funds in a low-risk bond or mutual fund. Bitcoin “supporters” are often nothing more than predatory sharks that exploit the lack of hope present in the lives of financially disadvantaged people.
