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RE: What is the way ahead for Bitcoin and cryptocurrency as an asset class?
Even though this move by Elon Musk and Tesla will further lead to Bitcoin adoption but I am thinking of something.. Imagine buying a Tesla for maybe 0.4btc and by the end of the year, that BTC worths over $100k, what will you do? I think this is the singular reason some people may still prefer to buy with fiat currency. I remember a story of someone that bought pizza for 10,000BTC or so. Imagine the worth today.
Nice piece here buddy
Thanks dear @samminator I completely agree with your view point. I had arrived at the same conclusion after deliberating upon the options. Fiat is a fast depreciating asset class that keeps losing its buying power and using it buy a Tesla looks the best option.
I appreciate that you have taken out time to read my post and express you views.
For technical reasons I had to move the post here
https://steemit.com/hive-175254/@thetimetravelerz/to-buy-or-not-to-buy-your-next-tesla-with-bitcoin-ii