Why Bitcoin is the Trade of a Lifetime

in #bitcoin7 years ago (edited)

Blockchain in general presents a once-in-a-lifetime opportunity to experience explosive wealth generation within an asset class that is set to not only disrupt the banking but also the legal sector.

Although investing in established asset classes are safer (e.g. stocks, bonds, and property), safer assets also have less potential for growth. It is unlikely you will make significant money in safe investments. Great wealth made quickly is normally achieved by ramping up risk significantly, e.g. through leverage or by shifting funds into risky areas, e.g. emerging and frontier countries as well as emerging and frontier technologies.

Blockchain is a frontier technology, a nascent market unburdened by excessive regulation or rent-seeking monopolistic entities. It will not be like this forever as all frontier markets are soon developed. We have already seen web, social media, and smartphone technologies becoming dominated by large corporations that have laid in place the infrastructure upon which commerce in these areas operate, e.g. Google in web; Facebook in social media; and Google, Samsung, and Apple in smartphones. In addition to large businesses, the impact of the government with its regulations and other anticompetitive policies also stifle innovation and entrepreneurship.

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