Investing in BTC is also only based on trust and the hope that everyone else will also invest in BTC and want to use it as a currency at some point
2
@ViGr That will be the case.
profile image
@Pauljj Where do you get this certainty from?

Everyone in the Bitcoin subreddit is completely convinced, but what does that mean for the population as a whole?
The vast majority of people have nothing to do with crypto and those who do are partly just speculators looking to make a profit.

Besides, a deflationary currency would be the worst thing that could happen to the economy.
Why would anyone spend money that is always increasing in value?
3