Post
Topic
Board Trading Discussion
Re: True Value of Bitcoin - it is NOT a tulip ponzi scheme
by
RonF
on 09/10/2019, 12:19:09 UTC
Fact is, I bought several hundred bitcoins at 250 dollars each.  A year and a half ago I used it to totally buy a new house for 400K that I spent an additional 200K to fix up the way I wanted in the mountains of northern NH with a large  imported Amish barn and 40 acres of land (1/3 hay field and 2/3 beautiful forest), a 25K tractor, 15K soapstone woodstove, 4K bed, several K in handmade furniture, 6 cords of firewood, 40K in the bank, and a living income for the last year and a half.  All paid for totally with bitcoin.

I also had to pay 140K capital gains tax because a 100 million US citizens are on the public dole and the US is something like 24 Trillion in debt.

I still have half my bitcoin.  Yep, bitcoin is an unreliable  ponzi scheme (just like the US government) - I am proof of that LOL.

Read this:
https://hackernoon.com/bitcoin-is-the-most-stable-store-of-value-in-history-1bb22cf8e7ca