161 sats \ 3 replies \ @tomlaies 1 Jul 2022 \ on: 🟠 How do you justify investing in any Bitcoin/Lightning Companies instead of just bitcoin itself? bitcoin
There is no such thing as investing in Bitcoin.
Bitcoin is for saving. And Bitcoin is always 1 in 21 million. https://bitcoinexactforecast.com/
If you haven't understood that Bitcoin is not an investment, and still care about it being ""more"" (=investing) that means you haven't understood Bitcoin.
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141 sats \ 2 replies \ @andyleroy OP 1 Jul 2022
I'm not sure I follow how Bitcoin is not an investment?
We all have limited time and resources, and people will always look to put their resources in something that can further create productive resources for them.
Whether the return on productive resources is denominated in cashflow, more widgets, or bitcoin, it is natural we would want to put our leftover earnings (savings) into the most productive asset...
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161 sats \ 1 reply \ @tomlaies 1 Jul 2022
Saving = Preserving purchasing power and keeping it
Investing = Trying to increase purchasing power at a risk
You either don't use these words by this distinction or are still in a fiat mindset.
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31 sats \ 0 replies \ @andyleroy OP 1 Jul 2022
That's fair. But I'm still curious as to the 'invest in a Bitcoin/Lightning company' vs save in Bitcoin directly?
If I have $1 million USD to do anything with, what is my rationale for investing in a Bitcoin/Lightning company (or any company for that matter) when I can instead save it directly in Bitcoin?
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