Bitcoin just PROVED it is NOT a store of value

Through the August 1st hard fork and the changing of the Bitcoin software, the Bitcoin ecosystem just PROVED the crypto currency is NOT a reliable store of value.

Why not? Because they can change it at any time, wiping out coins, shutting out miners, creating more coins, etc.

These are not properties of things that have actual scarcity.

Learn more at http://BitRAPED.com and http://ift.tt/2tuFPgs
View on YouTube

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s