Report plagiarism (copy/paste) here. Mods: please give temp or permban as needed

[LoyceV]

But does this still include plagiarism because he added some text from other articles without the source?

This shouldn't be allowed. I've reported that post, let the Mods decide

[Igebotz]

But does this still include plagiarism because he added some text from other articles without the source?

This shouldn't be allowed. I've reported that post, let the Mods decide

The OP has already deleted the post. To be honest, I don't think it was a wise decision. Instead of getting it off, I expected him to do the proper citation ( edit and put it in a quote ). How is the Mod going to work without proper evidence? It's very bad he got himself into this situation.

[blue Snow]

User: p.b.winry
Copy: https://bitcointalk.org/index.php?topic=5365757.0
Paste without source (orIginal): https://kamus.tokopedia.com/d/due-diligence

PLAGIARISM

Due Diligence

"Pemeriksaan langsung terhadap bank yang memberikan hak kepada pemeriksa untuk meminta konfirmasi kepada manajemen bank mengenai kebenaran laporan keuangan. Dalam kaitan dengan pemeriksaan bank di Indonesia, istilah ini diartikan sebagai audit keuangan terhadap bank dalam rangka pelaksanaan program rekapitalisasi bank."
Otoritas Jasa Keuangan.

Apa Itu Due Diligence?

Due diligence adalah aktivitas investigasi atau audit riwayat keuangan yang dilakukan oleh calon investor terhadap perusahaan di mana dia hendak menanamkan modal. Di Indonesia, istilah ini disebut juga dengan istilah “uji tuntas”. Due diligence ini menjadi penting agar investor tidak salah langkah ketika memutuskan untuk membeli saham perusahaan yang dituju dari sekuritas sebagai pihak perantara (broker).
Sebaliknya, istilah due diligence ini juga merujuk pada aktivitas pihak penjual dalam menganalisis apakah calon pembeli memiliki dana yang memadai untuk melakukan transaksi pembelian.

Bagaimana Proses Due Diligence Berlangsung?

Negosiator dan broker dari sekuritas memegang peranan penting dalam kelancaran proses due diligence ini. Tidak main-main, negosiator dan broker dituntut untuk dapat memberikan informasi yang jelas dan apa adanya kepada calon investor. Sedikit saja kesalahan informasi yang disampaikan oleh dua elemen tersebut, maka hal tersebut sudah masuk ke dalam tindakan kriminal dan akan diproses secara hukum.
Aturan ini utamanya berlaku di Amerika Serikat, melalui undang-undang tentang sekuritas tahun 1933. Kendati demikian, aturan tersebut juga berusaha untuk tidak serta merta memproses hukum para negosiator dan broker yang ‘bermasalah’ tersebut. Perlu adanya investigasi mendalam sebelum akhirnya memutuskan apakah ada indikasi tindak kriminal atau tidak.
Secara garis besar, pihak-pihak yang terlibat di dalam due diligence meliputi:
  Analis ekuitas
          Manajer funding
          Broker-dealer
          Investor

            Khusus investor, melakukan kegiatan due diligence ini sebenarnya tidak wajib, namun sebaiknya dilakukan agar keputusan berinvestasi menjadi tepat sasaran sehingga risiko kerugian dapat diminimalisir.
Setelah itu, barulah dilakukan tahapan-tahapan audit yang terdiri dari:
            Analisis kapitalisasi perusahaan, bertujuan untuk melihat seberapa besar potensi keuntungan yang bisa didapat dengan berinvestasi di perusahaan yang dimaksud.
            Analisis pendapatan, profit, dan margin, bertujuan untuk melihat pendapatan perusahaan dari waktu ke waktu, pun margin antara modal dan nilai keuntungan yang didapat.
             Analisis kompetitor, bertujuan untuk melihat peta kompetisi antara perusahaan yang hendak dituju dengan perusahaan lain yang menjadi kompetitornya.
         Evaluasi, setelah analisis dilakukan, pihak terkait akan melakukan evaluasi sebelum akhirnya memutuskan apakah calon investor dapat berinvestasi di perusahaan yang dituju.

ORIGINAL

Due Diligence
"Pemeriksaan langsung terhadap bank yang memberikan hak kepada pemeriksa untuk meminta konfirmasi kepada manajemen bank mengenai kebenaran laporan keuangan. Dalam kaitan dengan pemeriksaan bank di Indonesia, istilah ini diartikan sebagai audit keuangan terhadap bank dalam rangka pelaksanaan program rekapitalisasi bank."
Otoritas Jasa Keuangan

Apa Itu Due Diligence?
Due diligence adalah aktivitas investigasi atau audit riwayat keuangan yang dilakukan oleh calon investor terhadap perusahaan di mana dia hendak menanamkan modal. Di Indonesia, istilah ini disebut juga dengan istilah “uji tuntas”. Due diligence ini menjadi penting agar investor tidak salah langkah ketika memutuskan untuk membeli saham perusahaan yang dituju dari sekuritas sebagai pihak perantara (broker).

Sebaliknya, istilah due diligence ini juga merujuk pada aktivitas pihak penjual dalam menganalisis apakah calon pembeli memiliki dana yang memadai untuk melakukan transaksi pembelian.

Bagaimana Proses Due Diligence Berlangsung?
Negosiator dan broker dari sekuritas memegang peranan penting dalam kelancaran proses due diligence ini. Tidak main-main, negosiator dan broker dituntut untuk dapat memberikan informasi yang jelas dan apa adanya kepada calon investor. Sedikit saja kesalahan informasi yang disampaikan oleh dua elemen tersebut, maka hal tersebut sudah masuk ke dalam tindakan kriminal dan akan diproses secara hukum.

Aturan ini utamanya berlaku di Amerika Serikat, melalui undang-undang tentang sekuritas tahun 1933. Kendati demikian, aturan tersebut juga berusaha untuk tidak serta merta memproses hukum para negosiator dan broker yang ‘bermasalah’ tersebut. Perlu adanya investigasi mendalam sebelum akhirnya memutuskan apakah ada indikasi tindak kriminal atau tidak.

Secara garis besar, pihak-pihak yang terlibat di dalam due diligence meliputi:

Analis ekuitas
Manajer funding
Broker-dealer
Investor
Khusus investor, melakukan kegiatan due diligence ini sebenarnya tidak wajib, namun sebaiknya dilakukan agar keputusan berinvestasi menjadi tepat sasaran sehingga risiko kerugian dapat diminimalisir.

Setelah itu, barulah dilakukan tahapan-tahapan audit yang terdiri dari:

Analisis kapitalisasi perusahaan, bertujuan untuk melihat seberapa besar potensi keuntungan yang bisa didapat dengan berinvestasi di perusahaan yang dimaksud.
Analisis pendapatan, profit, dan margin, bertujuan untuk melihat pendapatan perusahaan dari waktu ke waktu, pun margin antara modal dan nilai keuntungan yang didapat.
Analisis kompetitor, bertujuan untuk melihat peta kompetisi antara perusahaan yang hendak dituju dengan perusahaan lain yang menjadi kompetitornya.
Evaluasi, setelah analisis dilakukan, pihak terkait akan melakukan evaluasi sebelum akhirnya memutuskan apakah calon investor dapat berinvestasi di perusahaan yang dituju.

Please ban this user, he did post plagiarism on my local board.

[LoyceV]

But does this still include plagiarism because he added some text from other articles without the source?

This shouldn't be allowed. I've reported that post, let the Mods decide

The OP has already deleted the post.

I think it was deleted by a Mod, DIA7 is Banned!. Modlog:

Autoban user: N/A in topic #0 by member #831236
Delete reply: Re: Premier League Prediction Thread 2021/2022 in topic #5271157 by member #831236

To be honest, I don't think it was a wise decision. Instead of getting it off, I expected him to do the proper citation ( edit and put it in a quote ). How is the Mod going to work without proper evidence? It's very bad he got himself into this situation.

As far as I know, Mods won't ban a user if he removed the plagiarism by himself. This user has far too many of them though, it wouldn't have helped him.

[Igebotz]

To be honest, I don't think it was a wise decision. Instead of getting it off, I expected him to do the proper citation ( edit and put it in a quote ). How is the Mod going to work without proper evidence? It's very bad he got himself into this situation.

As far as I know, Mods won't ban a user if he removed the plagiarism by himself. This user has far too many of them though, it wouldn't have helped him.

Yes, he had some time to clean up his mess, but he didn't know where to begin because he had so many. He was always active in the gambling section, and I don't see why a football fan would copy to make a post when you can boldly have more than 10+ posts from a match, there is always something to talk about, and some people don't even watch the game, instead copy/paste online comments and get themselves into trouble.

There was this user from our local section who was very active on the Technical discussion board. I warned him because I was 100% sure he was making every contribution with the help of Google and had no idea about bitcoin technical stuff. He ignored my advice and was banned for plagiarism a few days later. Posting on a board with zero knowledge always leads to plagiarism.

[Lucius]

User: https://bitcointalk.org/index.php?action=profile;u=2492106 (abdurrahman99)

Plagiarized post:

If Tesla (EM) did not sell all that BTC, then it would be more accurate to say that it is an unrealized profit - and EM has stated that it has no intention of selling that BTC, although this may change at any time. In addition, Tesla appears to have bought a total of 46 000 BTC

(archived)

Copy/pasted from :

If Tesla (EM) did not sell all that BTC, then it would be more accurate to say that it is an unrealized profit - and EM has stated that it has no intention of selling that BTC, although this may change at any time. In addition, Tesla appears to have bought a total of 46 000 BTC at an average price of $32 610, but sold 10%, so the total amount of BTC is now 41 400  currently worth 2.375 billion.

Luckily, I remember what I wrote a few days ago, so I easily noticed plagiarism - although the plagiarist obviously chooses the posts that got the most merits in the hunt for merits - wrong post this time.

[lovesmayfamilis]

Plagiarism
User: Victorycoin
Post link: https://bitcointalk.org/index.php?topic=5366020.msg58201497#msg58201497
(archive)

Elon Musk will not last long elon musk has entered a new stratosphere over the past few years as tesla has grown and come close to achieving a mission, he said adding that it is not entirely economical. Whether the issue is automobile conversion or conquering the next frontier of space elon musk has shown a skill to fascinate investors and viewers outside of science. Tesla's ceo who is the richest man in the world after the rise of the meteorite of the electric automaker.

https://auto.economictimes.indiatimes.com/news/passenger-vehicle/cars/elon-musks-response-to-becoming-the-worlds-wealthiest-person-how-strange-well-back-to-work/80172221

The company planned to accept bitcoin payments for amazon blockchain and crypto payments. The job posting for the blockchain lead revealed that he would acquire domain expertise in blockchain distributed ledger central bank digital currency and cryptocurrency to drive product strategy and development amazon says it has been inspired by innovation in the cryptocurrency space and is exploring what it could be like on amazon. We believe the future will be built on new technology that enables modern, fast and cheap payments and hopefully bring that future to amazon customers as soon as possible.

https://loyce.club/archive/posts/5777/57778088.html




https://ub24news.com/amc-says-itll-soon-let-you-pay-for-your-movie-ticket-in-bitcoin/

=========================================================================================
Plagiarism
User: wahyu wida
Post link: https://bitcointalk.org/index.php?topic=5350641.msg57701003#msg57701003
(archive)

Bitcoin has all the same characteristics as gold. The number of Bitcoins is limited (only a certain amount will be produced), Bitcoins can be broken down into smaller units without losing the value of those units (1 Bitcoin = 100,000,000 Satoshi - the smallest unit of Bitcoin, just like cents in Dollars or pennies in Pounds, so we can buy less than one Bitcoin), Bitcoin technology is also stable and will not degrade, nor is it possible to create fake Bitcoins. Also, unlike gold, you can move Bitcoins anywhere in the world in a matter of minutes, regardless of the amount of Bitcoins. That's why people call Bitcoin digital gold, but better digital gold.

https://cryptotalk.org/topic/9404-bitcoin-as-digital-gold/

[vv181]

Plagiarism

User: herizal85
Post link: https://bitcointalk.org/index.php?topic=5357809.msg58198708#msg58198708 (archive)


Copy:

The launch was originally planned for 2020, but has been delayed for several reasons and is likely to take place in 2021. Libra (renamed Diem) is a blockchain-based payment system proposed by Facebook in 2019. Its goal is to provide access to financial services. for people who do not have a bank account. Some of its founding members are listed as Morgan Beller, David Marcus and Kevin Weil.

Original:

Source: https://portalcripto.com.br/en/o-que-e-o-facebook-libra-diem-criptomoeda/

[HeRetiK]

Plagiarized Post

User: Aryanprince


Copy:

I wouldn't be opposed to additional participants. I feel like anything over 25 participants would be silly, though. That many coins might get difficult to manage. Maybe a good solution would be to allow them to put down BTC and you simply work with the 10 original altcoins to a greater degree.

Original:

I wouldn't be opposed to additional participants. I feel like anything over 25 participants would be silly, though. That many coins might get difficult to manage. Maybe a good solution would be to allow them to put down BTC and you simply work with the 10 original altcoins to a greater degree.

[morvillz7z]

Plagiarism

user: Prohibited2021

Copy:

I’m all for crypto staking
Crypto staking involves "locking up" a portion of your cryptocurrency for a period of time as a way of contributing to a blockchain network. In exchange, stakers can earn rewards, typically in the form of additional coins or tokens.
Is Staking profitable? In one word, yes. Staking is nearly as profitable as the mining or trading of cryptocurrencies, and without risk. All you have to do is stake (buy & hold) some coins in order to get added to the mining pool.

The primary benefit of staking is that you earn more crypto, and interest rates can be very generous. In some cases, you can earn more than 10% or 20% per year. It's potentially a very profitable way to invest your money. And, the only thing you need is crypto that uses the proof-of-stake model.

Original:

source: https://www.businessinsider.com/staking-crypto

Crypto staking involves "locking up" a portion of your cryptocurrency for a period of time as a way of contributing to a blockchain network. In exchange, stakers can earn rewards, typically in the form of additional coins or tokens.

source: https://www.quora.com/Is-staking-crypto-profitable

In one word, yes. Staking is nearly as profitable as the mining or trading of cryptocurrencies, and without risk. All you have to do is stake (buy & hold) some coins in order to get added to the mining pool.

source: https://www.fool.com/investing/stock-market/market-sectors/financials/cryptocurrency-stocks/what-is-staking/

The primary benefit of staking is that you earn more crypto, and interest rates can be very generous. In some cases, you can earn more than 10% or 20% per year. It's potentially a very profitable way to invest your money. And, the only thing you need is crypto that uses the proof-of-stake model.

(archive)

[lovesmayfamilis]

Plagiarism
User: Prohibited2021
Post link: https://bitcointalk.org/index.php?topic=5367519.msg58267469#msg58267469
(archive)

I’m all for crypto staking
Crypto staking involves "locking up" a portion of your cryptocurrency for a period of time as a way of contributing to a blockchain network. In exchange, stakers can earn rewards, typically in the form of additional coins or tokens.
Is Staking profitable? In one word, yes. Staking is nearly as profitable as the mining or trading of cryptocurrencies, and without risk. All you have to do is stake (buy & hold) some coins in order to get added to the mining pool.

The primary benefit of staking is that you earn more crypto, and interest rates can be very generous. In some cases, you can earn more than 10% or 20% per year. It's potentially a very profitable way to invest your money. And, the only thing you need is crypto that uses the proof-of-stake model.

https://www.flexi-news.com/what-to-know-about-staking-the-process-of-locking-up-crypto-holdings-to-earn-rewards-and-interest/


https://community.ato.gov.au/s/question/a0J9s0000001IGREA2/p00046509


https://blog.okricky.com/crypto/a-simple-introduction-to-staking-crypto/

You must have a well-defined plan in mind when you first start trading. A set of disciplines should be used when entering or exiting the market. Traders will gain confidence as a result of this discipline. Traders should carefully examine the technical and fundamental assessments of the companies they want to invest in. They can gather data from a variety of online sources, including trading websites.

https://loyce.club/archive/posts/5826/58268461.html


https://www.quora.com/How-should-I-start-trading

[lovesmayfamilis]

Plagiarism
User: herizal85
Post link: https://bitcointalk.org/index.php?topic=5357809.msg58198708#msg58198708
(archive)

The launch was originally planned for 2020, but has been delayed for several reasons and is likely to take place in 2021. Libra (renamed Diem) is a blockchain-based payment system proposed by Facebook in 2019. Its goal is to provide access to financial services. for people who do not have a bank account. Some of its founding members are listed as Morgan Beller, David Marcus and Kevin Weil.

https://www.knowaboutanything.com/facebook-libra/

[dragonvslinux]

Topic: https://bitcointalk.org/index.php?topic=5367269.0
User: https://bitcointalk.org/index.php?action=profile;u=22398

Solana (SOL) rallied 30% and almost touched the all-time high levels of $216 after breaking out above a pennant formation. SOL missed the ATH  price by just $1, according to Binance.

Solana is expected to see some consolidation around the $200 mark. Should the support at $192 fail, Solana can explore lower levels ($177) before any new attempt to break the all-time high occurs. Expect significant volatility from Solana over the short term.

Source: https://cryptopotato.com/solana-price-analysis-sol-failed-to-break-ath-will-critical-support-level-hold/

Solana (SOL) rallied 30% and almost touched the all-time high levels of $216 after breaking out above a pennant formation. SOL missed the ATH  price by just $1, according to Binance.

Solana is expected to see some consolidation around the $200 mark. Should the support at $192 fail, Solana can explore lower levels ($177) before any new attempt to break the all-time high occurs. Expect significant volatility from Solana over the short term.

Failure to reference article: suggesting temp/sig ban.

[lovesmayfamilis]

Plagiarism
User: Twinscoin2017
Post link: https://bitcointalk.org/index.php?topic=5356641.msg57787543#msg57787543
(archive)

U.S. banking giant Citigroup (NYSE: C) is reportedly awaiting regulatory approval to start trading bitcoin futures contracts on the Chicago Mercantile Exchange (CME). The firm would join Goldman Sachs in offering bitcoin futures trading.

Nasdaq-listed business intelligence firm MicroStrategy (NASDAQ: MSTR) has purchased 3,907 BTC for a total of $177 million, according to a Tuesday filing with the U.S. Securities and Exchange Commission. this is a good news  guys many more bullish news to come and bitcoinprice may double so let us hold for good.

https://www.cryptocompare.com/email-updates/daily/2021/aug/25/

Long-term holders of Cardano (CCC:ADA-USD) have seen great returns in the first half of 2021. It means cardano is good for investment and the majority notice about this amazing altcoin. Charles Hoskinson, the co-founder of Ethereum, began the development of Cardano in 2015 and launched the platform in 2017.5 Cardano has positioned itself as an alternative to Ethereum. Both platforms are used for similar applications, such as smart contracts, and both are doing great as well so there is a big chance that Cardano will hit 3$ this year the rising of the price is always possible because the market is bullish.

https://loyce.club/archive/posts/5787/57878763.html


https://trendycryptonews.com/2021/08/21/long-term-crypto-investors-should-have-cardano-in-their-wallets/

https://www.thepragmaticoptimist.net/post/cardano

As it typically happens when BTC fall down, most of the altcoins follow suit. Ethereum leads the adverse trend with a 6.5% drop. Just a few days ago, ETH was well above $3,100, but it’s now down to approximately $2,900. Can we still see ethereum reach 6k$ this year? Bitcoin price is being affected by new set of Chinese fud and altcoins are affected too there are a lot of altcoins a top altcoins that is now falling down and 1 of them is eth. So how would you defined the ethereum price next 3 months or at the end of this year can we still see it 5k$ to 6k$ or not?

https://loyce.club/archive/posts/5805/58053001.html


https://cryptopotato.com/crypto-markets-lose-100b-eth-beneath-3k-as-btc-failed-at-44k-market-watch/

[dustboy]

User: Izsara

it's a pretty hot derby and well worth watching.
I actually assume that Milan will win this match because indeed they are favored by playing at home and with full support from the fans.
in the champions league indeed they can't do much but serie a is different, this season they have become a superior club even in the last 5 matches milan managed to winstreak and this is a positive thing that can ignite the spirit of milan to be able to win this match

https://loyce.club/archive/posts/5834/58347192.html

Copied from:

it's a pretty hot derby and well worth watching.
I actually assume that Milan will win this match because indeed they are favored by playing at home and with full support from the fans.
in the champions league indeed they can't do much but serie a is different, this season they have become a superior club even in the last 5 matches milan managed to winstreak and this is a positive thing that can ignite the spirit of milan to be able to win this match

[izsara]

User: Izsara

it's a pretty hot derby and well worth watching.
I actually assume that Milan will win this match because indeed they are favored by playing at home and with full support from the fans.
in the champions league indeed they can't do much but serie a is different, this season they have become a superior club even in the last 5 matches milan managed to winstreak and this is a positive thing that can ignite the spirit of milan to be able to win this match

Sir dustboy sorry for the copy paste error from Herurist statement because I was in a hurry and didn't listen to what I was quoting when discussing Milan. I have corrected the quote. And I will not repeat it. Negligence that I admit because I was in a hurry.

[Poker Player]

Plagiarism
User: THeromember09
Post link: https://bitcointalk.org/index.php?topic=5369390.msg58355488#msg58355488
(archive)

Not currently, no Lets count:
Medium of exchange. The main criteria for something to function as a medium of exchange are that it be robust and portable, Since BTC are virtual, they obviously fulfill these functions.

Unit of account. A unit of account needs to have a stable value. Here's the value of bitcoin over the past year:

Store of value. Look at that chart again what happened at the end of December last year?

People believe Bitcoin may come to serve as a unit of account and store of value because its supply is guaranteed to be stable. This depends on believing that the demand for the item in question is stable, which clearly currently it is not. As a matter of economic theory, I do not personally believe the demand for money is ever stable, and therefore the whole theory on which Bitcoin is based is false. However, that is clearly a more controversial point.

I have read the post and I have smelled something wrong. For example, he is talking about a chart but there is no chart. The fact is that he has copied it without citation from several sources:

https://www.quora.com/Does-Bitcoin-fulfill-the-classic-economic-functions-of-money

1. Medium of exchange. The main criteria for something to function as a medium of exchange are that it be robust and portable, Since BTC are virtual, they obviously fulfill these functions.

2. Unit of account. A unit of account needs to have a stable value. Here's the value of bitcoin over the past year:

Actually, using https://plagiarismdetector.net/ he appears to have plagiarised from two other sources, https://archivecaslytosk.onion.my/zSJjS  and https://hallottson.com/content/dam/website-assets/collateral/bitcoin-downloads/MicroStrategy-Bitcoin-Accounting-Treatment-and-Tax-Considerationsktf--4502xx9.pdf but when I try to visit those links, the page redirects and they do not load.

[LoyceV]

sorry for the copy paste error from Herurist statement because I was in a hurry

What were you in a hurry for? Burst-posting to advertise a scam on multiple accounts? User herurist is advertising the scame scam as you, and after a quick look at both post histories I wouldn't be surprised if you own both of them. That doesn't make it plagiarism, unfortunately, so you won't get banned for it.

[JeromeTash]

Plagiarism and text spinning



Copy

Although a retracement from its recent highs seems plausible in the short run, they expect MATIC to reach new highs, triggered by the increased investors' attention, and climb up to $10 by the end of 2021. MATIC could be a profitable investment in 2021 and beyond.

Original https://www.quora.com/Can-Polygon-MATIC-reach-100

Although a retracement from its recent highs seems plausible in the short run, they expect MATIC to reach new highs, triggered by the increased investors' attention, and climb up to $10 by the end of 2021. MATIC could be a profitable investment in 2021 and beyond.

Copy

Blockchain the safest and most popular wallet. It is used for investing and storing cryptocurrencies. It is one of the most secure Bitcoin wallet which keeps track of who owns the digital tokens.

Original https://www.guru99.com/best-bitcoin-cryptocurrency-wallets.html

Blockchain the safest and most popular wallet. It is used for investing and storing cryptocurrencies. It is one of the most secure Bitcoin wallet which keeps track of who owns the digital tokens.

[decodx]

Plagiarism
User: KanoKano
Post link: https://bitcointalk.org/index.php?topic=5369465.msg58376575#msg58376575
(archive)

Alright fair enough. Here's what I think, now it's easy to think about the glory days when Bitcoin was trading at 0.0000001 and you could mine them at 300 per hour intervals. Has the hashing algorithm changed? Not really. So there's some value there well because it's withstood the testament of time. Does that make it an invincible currency? Not really. Plenty of exchanges were hacked, wallets get lost and there's no way to recover them, there's millions of coins I would say > 3,000,000 that are gone. So with a fixed supply of 21,000,000 we're down to about 18,000,000 give or take in fluctuation. One of those asks was my 17-year old son, who like many in his cohort is smitten by Robinhood trading apps and easy money. Since the Bitcoin question is one that can trigger a strong reaction, I decided to write a concise viewpoint instead of talking the issue. First, let me suggest the easy and true answer: any “investment” that you buy low and sell high makes you the smartest guy in the room. And if you use that sell-high to buy a yacht, or a vacation home, or an 85” color TV – well those windfalls are as real as a heart attack.

For those of you on the way in, rather than the way out, it makes sense to develop an opinion on exactly what you are investing in, in order to make a decision. Most people think of Bitcoin like money. It’s often described as an alternate currency. It even has a handle for money in the name. To develop a sound stance on Bitcoin, it’s worthwhile to have a sound stance on money: what is it? Can’t decide if Bitcoin is money if we don’t know what money is.

Because paper money is so useful, it’s easy to forget how inherently worthless it is. Intrinsically, it’s worth as much as a scrap of paper. You can’t eat it, wear it, or use it to stay warm (ok, you know what I mean). Paper money issued by the US government until the early 70’s was backed by gold. So paper money had collateral. It could be exchanged for a fixed amount of gold. Gold is a real asset: it is scarce and it has value: people covet it for jewelry and its various industrial uses. The most argumentative would say that in the context of a true apocalypse that gold is not valuable either: you can’t eat it, wear it, or use it to stay warm… and I agree with that: gold is a real asset that can serve as collateral for worthless paper money in ordinary times.
<...>

Source:

https://www.linkedin.com/pulse/should-i-invest-bitcoin-mike-woosley