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Re: What is your plan to get rich with Bitcoin?
by
DerChiller
on 10/01/2016, 17:02:35 UTC
Most people seem to want to be a fiat millionaire... I do not know if I want to be like them... Once you convert back to fiat, you are once again investing in a failing system. We

should just grow our bitcoin holdings and once the value increase... start buying assets. You should keep hoarding some bitcoins to enable you to buy and pay with bitcoins for

products and services. The conversion to fiat just weaken the Bitcoin ecosystem and you lose some value due to the fees that needs to be paid to a 3rd party. 

Yes, but for this to work Bitcoin has to be accepted in many more places than it is right now. At the moment there is a good trend for bitcoin, but we will see if it can rise to replace the fiat money.