I got into it a bit around 2016 and that's what I thought then. I mean, it hasn't crashed more, but it sure wasn't the absolute best investment. I still like the physicality of it.
I wouldn't have thought about Persian carpets. So it doesn't lose value over time and it can be traded easily?
I have heard interesting stories about soccer players buying paintings as well.
If Bitcoin did not exist, well, I think I would be investing in real estate... something from a quite profitable and profitable point of view... Thank God Bitcoin exists😅
If there was no bitcoin and I didn't know anything about bitcoin I'd probably be trying to lever up on real estate.
If Bitcoin just suddenly died I might use my saving to buy a mix of harder assets that I can keep for a few years and resell. Or try to get some kind of cash yield. Lend cash savings for interest.
Bitcoin help me to see the light, the idea of less government and more people what help me to wake up everyday thinking how to reduce government power !
Reminds me of the question that @kr always asks in his podcast to the LN developers he interviews. The question often falls flat as most of the people he interviews see Bitcoin as completely different from conventional asset classes. My wife probably sees Bitcoin as an investment, at the same level of stocks, real estate, etc, with the associated need to time the market, but for me, I'd probably just hold it and/or use it whenever possible (and replacing it using fiat from my next paycheck). So I don't really see Bitcoin as something I'm buying (as usually, that entails selling it).
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