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RE: Raoul Pal Talks About Hive (He Just Didn't Know It)

in LeoFinance5 years ago

Stonks don't depend on another person buying an asset from me. It depends on the value the underlying business provides to customers over time.

Bitcoin has a unique value proposition in that it can transfer and clear huge sums of for a low price and rather quick. This feature is only useful on occasion, to a limited number of players. For everything else, there's Mastercard ;)

I don't take issue with BTC. Raul's description of it rubs me the wrong way.