Why Bitcoin Is The Investment Of The Decade

in #bitcoin7 years ago

https://seekingalpha.com/article/4104272-bitcoin-investment-decade?li_source=LI&li_medium=liftigniter-widget

The hype around Bitcoin is warranted.

Bitcoin cannot, and does not need to, dislodge fiat currency.

But it will benefit from transactional demand and "store of value" demand.

At current valuations, you get half a niche payment disruptor, with a gold disruptor thrown in for free.

GBTC is still a feasible short-term play on Bitcoin.

Bitcoin's value is primarily backed by the cost of energy required to "mine" - this mining is the source of bitcoin's security and its utility.

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Nice point right there! We are just in the early stage of what is about to happen.

BTW, I started following you. I would appreciate your follow back too. Thanks!

yes I believe Bitcoin and Eth have a long way to go! :>

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