Friday, December 20, 2013

Maybe bitcoin will be Money in the Future

I don`t know with any degree of certainty what gold is going to be worth next year. I can`t know that, but I do believe it will be valuable. I don`t believe it will be worthless. 

But with Bitcoin, the unknowns are so great, that it can`t be money right now, you can only view it as a speculative asset. Maybe it will be money in the future. 

Right now it is a highly speculative asset.