Yes, itโ€™s profitable if enough people start demanding bitcoin as money. Increased demand for money works the same way as increased demand for any market good. NGU. If Gold was used as money today and in the past 30 years, its price would probably be north of 30k per ounce. When you understand this, suddenly all that talk about Bitcoin being a competitor for Gold and not USD starts to make sense from statists/bankers point of view.

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"Bitcoin being a competitor for Gold"

not in a billion years chief. Gold will ALWAYS edge bitcoin. Always.

Bitcoin is not an peer to peer electronic cash system anymore. It's a buy and hold ponzi scheme.

Ah, a brain dead Monero shill. HFSP

Or even worse - a Bcash saltcoiner.

You storing your value at 105k? How's that working out for you?

Iโ€™m muting you now. No time to waste on idiots that are unable to think from first principles.

self censorship is a good quality to have

I'm not muting either of you unless Digit thinks I should

He's right, though.

Youโ€™re both clueless.