Comment Re:My guess (Score 1) 631
So there's the difference between bitcoin and national fiat currencies: national fiat currencies have as their commodity the mutual defense of the nation, which in turn makes for more reliable business, and thus profits.
With bitcoin, the valuable commodity is... finding a greater fool. In other words, bitcoin is entirely bubble.
In case of bitcoin, the valuable comodity is it's properties. You are fool if you think that national fiat curencies will last forever. I encourage you to find the mean life-span of past curencies various nations used.