Post
Topic
Board Bitcoin Discussion
Re: Who says it's too late to buy Bitcoin?
by
Wakate
on 08/03/2025, 18:41:11 UTC
Bitcoin is even more scarce than gold.

Furthermore, bitcoin likely beats gold in almost all of the other monetary properties including but not limited to verifiability, transportability, divisibility, and abilities to use and hold without as many third-party costs.


A big one not to forget is utility in a very broad sense. Bitcoin is more versatile than gold and it has something that gold can never fulfill, which is a certain kind of utility that goes hand in hand with the other properties: its portability . I have once read an article I think where it was stated that bitcoin contributes to infrastructure being closed in rural areas because power plants couldn't be build as there is this egg and chicken problem. Without power, no industry and business, but without industry and business, nobody consumes (buys) the power generated by a plant.

With bitcoin it was said that now building a power plant can be done first because if there is excess energy, it could be pointed to mining while an industry sector develops. This is only a single idea, but this is what I mean by portability. You can literally beam bitcoin anywhere as long as mining is profitable under certain conditions. Profitable doesn't mean it has to generate a profit, but it could be profitable given that in that area, a business sector can develop while the power plant can hold itself above water financially due to mining. Africa with solar energy was one example.

Yes, bitcoin is insanely versatile and I still believe we have seen only a fraction of its use cases as it can evolve. Gold can't evolve and gold can only be mined where gold is whereas bitcoin can be mined wherever someone wants bitcoin to be mined.

Talking about profitability. The profit from bitcoin supercedes just investment returns for long period of time. Bitcoin indeed is a blessing to this generation and more to come. Just like the story of the African country Malawi that got a mini hydro power electric generators supply  from a bitcoin mining farm. The first initiative  was to provide electricity from the mining farm but in the long run they ended up supplying 1600 home with electricity.  Bitcoin has the potentials of putting smile on people's face but the government seems to a retarding factor to the growth of this innovative project. The world entirely seems to be digitalizing almost everything and bitcoin is always here to make lives much more easier in term of distance transactions and as a store of value. I believe bitcoin is not up to 50% from its peak performance however,  there are lots of space to accommodate everyone,  beside with the help of smaller divisions in Satoshi late investor  can still make profits, and some enthusiasts believe 1sat can be equal to $1 in the future which is likely possible unlike gold which will fade out when the entire world start getting more digitalized.
Bitcoin investment is very profitable that's why we have been seeing more investors jumping on the market immediately they starts understanding how everything works. It is never too late too late to invest in the market since their are many ways to make money from the market especially when you choose to hold and trade at the same time. There are traders that are making real money from the crypto market because of their ideas and understanding about the market. Bitcoin trading and investment have opened so many people's eyes to seeing the gold mine in Bitcoin investment and trading.