Quote:
Originally Posted by lorainfurniture
I doubt it will ever become a currency unless something major changes in the system. It currently can only process 3-7 transactions a second. For perspective visa does 1500/ second.
I look at it more like digital gold. It’s something that you buy and hold for a long time in hopes of it appreciating or combating inflation.
Just don’t invest more than you are willing to lose.
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Combating inflation with an instrument that swings 30% up and down in a few months. I'll stick with combatting inflation at a craps table, a lot more fun there.