Would you rather have $1000 cash or 1 bitcoin?

[Anonymous]

Cash

Bitcoin

Updates

10 mo

Wow

[WindAtMyBack]

I'll take the bitcoin and immediately sell it for cash. It's worth a heck of a lot more than 1K. I have no desire to hang onto a bitcoin.

[Asker]

It could be $50k next year again. Or more

[WindAtMyBack]

Or it could be zero. Bitcoin is pure gambling. I could sell it and use the cash to put into something that's a far better investment. Bitcoin is not an investment, it's gambling.

A good investor would be able to give a good argument for why it will go up. Anyone who can't give a good solid reason why it will go up, should not be buying it.

[Asker]

It's not gambling. Yeah there was a bubble. But it has an actual use.

[WindAtMyBack]

If you can't provide a good solid argument for why it will go up then it's gambling. That's true of anything, including stocks, bonds or even a regular bank account.

[slatyb]

Would you rather have $26,000 or $1,000.

1 bitcoin is trading at $26K+, so I'll take the bitcoin.

[Quackthulu2]

One bitcoin… that I would immediately exchange for its current value of just over $26k

[exitseven]

i will take the cash.