Re: OT Krugman (and WEB) on Bitcoin

The week's question

In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.

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From a theoretical point of view, BTC is the same as gold; whether it can serve as a medium of value all depends on people's trust. Gold is a physical thing and has earned trust for thousands of years from people all over the world; there is no reason to doubt that will change. BTC is new, and subject to all digital risks, and only a small number of people have trusted and used it, how long that will last is still in question.

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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:

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