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RE: Want to Invest in Bitcoin? Consider the following advantages and weknesses!

in #invest5 years ago

Betul
Betul
Betul

In my shoe, I actually found a balancing between speculative investment and passive investment. To me, crypto is not a currency, it's just a digital commodities. We will just have to view it on its PURPOSE, instead of dollar value. Naik harga atau turun harga, not a big issue, as long the blockchain behind the coins are still functioning.

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Naik harga atau turun harga, not a big issue, as long the blockchain behind the coins are still functioning.

Saya sangat setuju dengan point ini Abang @davidke.
tapi memang saya belum paham betul dengan semua sistem ini

Put it this way my friend. What do you do with your IDR when kopi already cost 50k? Automatically you will be switching your portfolio to another stable currency, USD? Is USD safe enough? May be, may be not. This is nature of currency, central banks will continuously manage the face value of their bank note to keep things affordable. What they can't do is, control the greed and fear of people. People take VALUE out of paper money. People pay MONEY for kopi.

What is in crypto? It's prove. Prove of brain, proof of time, proof of work. You need to author a genuine post(proof of brain), promote your post so people will upvote you(proof of work), and you need to wait for 7 days to make sure no other curator come and take away your VALUE(proof of time), and finally the $ value from post payout become your Steem/SBD/SP in crypto format.

Compare these two, the IDR you got from last week, you already spent. You can't micro manage them anymore even if you want to. There's so many uncertainty and nothing's guaranteed you the same 50k can buy the same kopi anymore(this is when we call inflation). But, in crypto, 1 steem is 1 steem. When you are require to pay 5 steem to enter a burger shop in my Steem burger shop, you'll have to pay 5 steem. U can't say after you paid that 5 steem, after 2 hours suddenly Steem price up 8$, and you go back to burger shop and ask them give you back 5 steem and you pay them in cash.

To cut the long crap short, I split them and manage separately. I only look at how many steem and never care to read the account estimated value(which is in USD) at all.

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Ini sangat detail, dan saya sudah paham yang abang katakan mengenai value. Steem is steem like u said.

There's so many uncertainty and nothing's guaranteed you the same 50k can buy the same kopi anymore(this is when we call inflation). But, in crypto, 1 steem is 1 steem. When you are require to pay 5 steem to enter a burger shop in my Steem burger shop, you'll have to pay 5 steem. U can't say after you paid that 5 steem, after 2 hours suddenly Steem price up 8$, and you go back to burger shop and ask them give you back 5 steem and you pay them in cash.

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