Is Bitcoin just a collectible like baseball cards or Beanie Babies?
No
Some have said that cryptocurrency is more like a collectible akin to baseball cards. I don’t think that’s right.
Crypto is way more liquid than a collectible. It would also be way easier to use cryptocurrency as medium of exchange than collectibles.
Also, this suggestion that cryptos — like Bitcoin — are just collectibles doesn’t explain the fact that you can buy Bitcoin collectibles like physical coins, but we wouldn’t say those are actual Bitcoin. It’s…