Quote from: QuestionAuthority on November 17, 2018, 04:20:40 PM

At no point does holding any commodity not work for investors. The only debate is the duration of the hold. A loaf of bread 100 years ago cost $0.07, the median home price was $3,200 and a gallon of gas was $0.15. Today the average cost for a loaf of bread is $2.43, the median home is $200k and a gallon of gas is $3.00. In the U.S. theres a tool you can use to determine the cost of living increase yearly, its called the consumer price index or CPI. If bitcoins value relative to the US Dollar only increases by CPI every year you will gain an average on 3% on your holdings. What that means is, at least you wont lose money.

Look at it this way, if you hold $10,000 in a wall safe for 100 years that money will buy somewhere between $10 and $500 worth of goods and services when you open the safe. If you hold a bitcoin on a paper wallet in a safe for 100 years you will be holding anywhere between $30,000 and millions.

This is the beauty of holding. My father had bought a piece of land when I was a child. It was 25 years ago. Back then you could maybe buy a car for it. Now you'd be able to buy a new downtown apartment, fully furnished. There are things that lose value. You wouldn't want to hold a phone for 20 years, a TV, or a video recorder, but most things like jewelry, watches, metals, art, alcohols, land, and many more, appreciate in value.