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by webinvest
1915 days ago
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Look at the message in the Genesis block of Bitcoin and you will understand it’s intended purpose. It is a speculative asset intended to be held for investment, speculative, or hedging purposes. It was released in response to central bank money printing that the creator Satoshi Nakamoto viewed to be excessive. If I remember correctly, if you held 1% of your portfolio in bitcoin in 2017 and 99% of your investment portfolio in a S&P500 index ETF, your investment portfolio would’ve doubled the performance of the S&P500 index without any work or effort on your part. If you’re looking for cryptocurrency technology aspects that don’t include money or greed, look at cryptocurrencies outside of the top 10 or top 20 by market cap. The ones around rank 30 or more are less about the price and more about the technology and fun of it. |
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