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katakowsj  ·  3623 days ago  ·  link  ·    ·  parent  ·  post: Why you can't "invest" in bitcoin.

Agreed. It comes down to semantics. What is exactly the difference between speculation and investing? Is is possible to "invest" in something that is purely speculative by nature?

"Speculation" Definition #5 from dictionary.com: 5. engagement in business transactions involving considerable risk but offering the chance of large gains, especially trading in commodities, stocks, etc., in the hope of profit from changes in the market price.