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Bitcoin Delight

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  • chuckChuck
    Senior Member
    • Dec 2006
    • 13075

    #21
    So how much did you guys invest in bitcoin then after PP told you what a great hedge against inflation it was?

    I cant wait to hear how confident you were to put lots of your savings in and what the results were?

    Comment

    • AllisWD45
      Senior Member
      • Oct 2011
      • 507

      #22
      You first where do you invest?

      Comment

      • chuckChuck
        Senior Member
        • Dec 2006
        • 13075

        #23
        As I thought most of you are all hat and no cattle when it comes to bitcoin!

        Comment

        • cropgrower
          Senior Member
          • Oct 2021
          • 2985

          #24
          do you actually think we would tell you what we do with our money cc ? you will be a long time waiting thats for sure

          Comment

          • chuckChuck
            Senior Member
            • Dec 2006
            • 13075

            #25
            I think the real reason is you don't have any bitcoin!

            Even though you say its a great hedge against inflation!

            You got any or not Crop?



            Comment

            • AllisWD45
              Senior Member
              • Oct 2011
              • 507

              #26
              Again you first.

              Comment

              • TSIPP
                Senior Member
                • Jun 2013
                • 2682

                #27
                Originally posted by chuckChuck View Post
                As I thought most of you are all hat and no cattle when it comes to bitcoin!
                Got cattle and no hat, cows are better than bitcoin!

                Comment

                • TSIPP
                  Senior Member
                  • Jun 2013
                  • 2682

                  #28
                  Even a tough old bull I can eat, not sure about eating bitcoin….

                  Comment

                  • AlbertaFarmer5
                    Senior Member
                    • Oct 2010
                    • 12600

                    #29
                    I have no hat, no cattle anymore, and no bitcoin.

                    Ultimately, I think Bitcoin is a hedge against inflation and possibly a hedge against CBDC/governments controlling access to our bank accounts as has already happened right here in Canada.

                    As a farmer, nearly everything I own is already a hedge against inflation. Commodities and farmland, don't think I need any more exposure to inflation hedges.

                    ​​​​​Goes without saying that Bitcoin has far exceeded both of those,

                    At these valuations, either Bitcoin is pricing in a complete collapse of fiat currency, or else it is a speculative bubble/FOMO.

                    Other reasons might be the weaponization of the US dollar reserve currency forcing sanctioned parties to use Bitcoin as an alternative for international trade. Or the fear of CBDC.

                    Maybe if I was all tin foil hat and no cattle I might have a different opinion.

                    Comment

                    • chuckChuck
                      Senior Member
                      • Dec 2006
                      • 13075

                      #30
                      Originally posted by AllisWD45 View Post
                      Again you first.
                      I have no bitcoin and lots of other types of investments including farmland.

                      So who is going to step and say they have bitcoin? All talk but scared to actually invest?

                      Comment

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