My buddy nonetheless has all of the Bitcoins I purchased in 2013. And some extra of them.
My buddy by no means bought at 261 USD, 1250 USD, or 19000 USD.
As a result of I’m not a type of “Purchase a Bitcoin immediately and be wealthy tomorrow” guys who use Bitcoin purely for hypothesis.
I purchased Bitcoin in 2013 as a result of I appreciated the concept of getting full management over MY ASSETS with out anyone with the ability to take it from me.
No (central) financial institution would decrease the worth by inflation. (See how a lot $100 purchased you 10 years in the past and the way a lot it buys you now?) Actual property, shares, uncommon vehicles, artwork, and watches didn’t all of a sudden get costlier. It’s the equal fiat forex worth that went downhill.
No authorities would take it from me by taxation or laws. (Bear in mind Greece and Cyprus? Or the confiscation of Gold, again within the day?)
An simply transferable asset and securely storable asset like Bitcoin (strive storing or transferring gold bars in massive quantities) is price A LOT MORE than what value is at the moment indicated.
And over the long run, value will all the time regulate to worth.
However in a society the place all people grew up believing in a colorfully printed piece of paper, it can take a bit longer till folks perceive that having full management over their very own cash is priceless. And that is what Bitcoin can be in a couple of years from now.
That’s why I nonetheless personal Bitcoin and doubtless will for a very long time.
Please remark under how a lot BTC you could have held until now and from when !!!!?
