blockchain technology

A Tale of Two Monetary Systems: Is Bitcoin the Bet of the Century?

A Tale of Two Monetary Systems: Is Bitcoin the Bet of the Century?

The Bet of the Century

As you seek to look for a life-raft for whatever your rainy-day funds or savings or long term liquid positions may be it seems ludicrous to me not to store that value in a system that is truly governed by code and decentralized and immune to the censorship of nation states. Sure countries can ban or regulate or tax crypto and Bitcoin in ways that are confiscatory or otherwise and many probably will in the coning years, but in an age where mobility, connectivity, and community are the core values of a global generation of billions of people under the age of 39, I believe it is inevitable that water (in this case “freedom” ) will continue to find its level and talent will migrate with their assets to the places where friction is less and this makes it very hard for me to imagine a world where Bitcoin ever goes to zero. The bet you are making with your holdings in Bitcoin is a 5-10 year bet that if it doesn’t go to zero that it by shear force of its limited supply (21m total) and demand must then become worth whatever the amount of global economy chooses to containerize itself for transfer and transactional activity over its network. This means an asymmetric risk and return reward for those who add it to their portfolio in some way now. Do your own research as always and this is just my opinion and not investment advice! Good luck out there.