Bitcoin is not a speculative investment

Let me tell you why.

Bitcoin is money!

And it’s much better at being money than the joke we all know as the Euro or the Dollar.

If you have Dollars or Euro’s, one thing is certain: in a few years from now they’ll be worth less! It’s fantastic.

“Why do prices go up every year? Oh that’s just inflation.”

And then there is always the chance of a big crash. Hyperinflation is always lurking around the corner, e.g. Argentina, Zimbabwe, Germany and so forth.. And with a possible Brexit in the pipeline a stormy sea might well be ahead for the Euro. Not to mention all that’s still going on in Italy & Spain. Oh, and not to mention the fact that the EU is not a fiscal union…

Well, if there is one thing we’ve learned from the 2008 crisis, then it’s that people can’t even care the least about financial matters.

“10 Dead people because of a shooting? Oh that’s horrible!!”
“5 Trillion €’s gone? Oh, yeah.. well real crooks them bankers, ha-ha.”

And you need the bank.

Bitcoin doesn’t suffer any of these problems. It has proven itself and people widely begin to perceive bitcoin as a reliable store of value. The Bitcoin has been relatively stable the last four months (except for now, but that was expectable given the upcoming halving).

Bitcoin is stabilizing

What’s also really appealing of Bitcoin is that you can send money internationally, instantly, cheaply. Neither fiat currencies nor gold can do that. With today’s further globalizing economy it is the #1 suitable currency for international trade. It’s absolutely time for Bitcoin to seize the throne and go mainstream.

Also, now is the time to get in, because currently all assets are highly inflated. The air of the dot-com bubble blew life into massive monetary intervention to cause the bubble of 2008, which now, with again 0% interest rate, is blowing up the current bubble and thus I’ve been liquidating all my assets up until the point that the tax man came asking questions.

I recommend you to do the following: start treating Bitcoin as your primary store of value, and keep a small buffer in fiat currencies to do your daily groceries. But keep that buffer very small, because it costs you 2% every year. If you’re lucky.

Bitcoin is not a speculative investment, it is the best store of value available.