Post
Topic
Board Bitcoin Discussion
Re: Just Bought $5000 Wort of BTC How Am I looking?
by
superlative
on 06/12/2017, 20:24:49 UTC
Yes.  People have to understand why bitcoin is going up so fast.  It isn't because of speculation.  It isn't because people want to make more US$.

It's because the decentralized economy is replacing the centralized one.  The decentralized economy will keep growing until it completely absorbs the old world centralized economy, which is in the 100s of trillions.  In 10 years time, people will laugh at fiat currency, just like we laugh at newspapers and encyclopedias.

So your $5000 is in the best place for the future, because you got rid of a depreciating asset (US$) which will soon become obsolete, for the thing that will have the most value in the future economy.