Post
Topic
Board Bitcoin Discussion
Re: Bitcoin to the common man.
by
CryptoHeadlineNews
on 19/04/2024, 18:04:43 UTC
-snip-

If only the common man would have to be patient, then a guarantee of life long success can be attainable.

You treat Bitcoin like "manna from heaven" when simply Bitcoin is a decentralized transaction system developed out of Satoshi's concerns about the current system. It wasn't developed as an investment asset from the start, but somehow over time people considered it an "investment asset" rather than a digital currency. That's not wrong, but what's wrong is how someone deifies Bitcoin and assumes that one can become successful by just investing in it and being patient - and even more hilariously makes it a gateway to "life long success". No need for hyperbole, and just educate people properly, no need to exaggerate.
Judging from O.P's statement and yours, I can boldly say O.P wasn't actually wrong when he/she described Bitcoin as an asset for "life long success",  because looking at it's value and how BTC has skyrocketed in the past 5 to 10years clearly shows that Bitcoin was and is still remains the only asset capable to grant great return after a long long, and as such if you are lucky to have found anyone who invented a huge sum into Bitcoin 5 to 10years ago and still held on til this day (i.e HODL), you will notice such individual likely to be living a happy and successful life due to the massive increase in the price value of Bitcoin.

So in conclusion, Bitcoin remains the best and only asset to have great return over a long term investment, far better than bank fiat investment.