Probably neither but if I have to choose one; iPhone X, because I'm not an investor or drug-smuggler, I'm a regular person. iPhone X has immediate utility value. BTC is for hoarding so I can cash it in the future if its price keeps increasing.
curious @algons - if the question was iphone vs equivalent gold, would you have the same answer? I find many still think of crypto as a way to make cash. It can do that, certainly, but I think the possibilities really open up when you treat the crypto like you would another asset with fluctuating value depending on what you compare/trade against.
Yes, same answer with gold. For me, bitcoin is exactly like gold. And I agree with you, many still think crypto as a way to make money when there are many more possibilities of use cases to utilise cryptocurrencies - but not with bitcoin, with other cryptocurrencies. Bitcoin is only for investing. And for the dark web unfortunately.
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bitcoin, all my money goes in too cryptocurrency :)
Bitcoin of course. It is an investment while the iPhone X is a big expense for something I don't need.
For sure , thanks for your comment.
Probably neither but if I have to choose one; iPhone X, because I'm not an investor or drug-smuggler, I'm a regular person. iPhone X has immediate utility value. BTC is for hoarding so I can cash it in the future if its price keeps increasing.
curious @algons - if the question was iphone vs equivalent gold, would you have the same answer? I find many still think of crypto as a way to make cash. It can do that, certainly, but I think the possibilities really open up when you treat the crypto like you would another asset with fluctuating value depending on what you compare/trade against.
Yes, same answer with gold. For me, bitcoin is exactly like gold. And I agree with you, many still think crypto as a way to make money when there are many more possibilities of use cases to utilise cryptocurrencies - but not with bitcoin, with other cryptocurrencies. Bitcoin is only for investing. And for the dark web unfortunately.
Bitcoin is always appreciating and IPhone is always depreciating, simple as that.
Exactly. Because, iphone is a utility asset, bitcoin is a finite-amount currency (like gold coins in medieval times). Totally different things :)
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STOPCongratulations! This post has been upvoted from the communal account, @minnowsupport, by ohamdache from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
This post has received a 0.78 % upvote from @drotto thanks to: @banjo.