The Capital
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The Capital

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…

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Jonathan Garner

Jonathan Garner

Finance/Investing/Economics blogger. I’m also a Philosophy of Religion blogger:https://jonathandavidgarner.wordpress.com/