Re:Bitcoin surpasses $50K as major companies jump into crypto
by globular-toast on Tuesday February 16, 2021 @06:11PM
(#26160018)
I feel similar. I bought 1 BTC when they cost tens of pounds because I was interested in it. I spent about 0.2 BTC, some on goods and some I donated to charitable causes. I sold the rest when it was ten thousand. I also tried to buy a second BTC but lost my money on an exchange.
I still believe, as I did then, that Bitcoin is worthless because it's not scalable. I do think if someone can solve the scalability issues then decentralised currency is extremely valuable. But I've tried investing in those and they've all tanked. Crypto is entirely driven by speculation. There is very little real value.
But yeah, it sucks a bit to think if I would've waited until now I'd actually have what amounts to a life-changing amount to me. I just remind myself that I'm rich anyway. I have a warm house, enough food to make me fat, a home cinema, loads of computers and a fast car. So why would I lose sleep over it?
I still believe, as I did then, that Bitcoin is worthless because it's not scalable. I do think if someone can solve the scalability issues then decentralised currency is extremely valuable. But I've tried investing in those and they've all tanked. Crypto is entirely driven by speculation. There is very little real value.
But yeah, it sucks a bit to think if I would've waited until now I'd actually have what amounts to a life-changing amount to me. I just remind myself that I'm rich anyway. I have a warm house, enough food to make me fat, a home cinema, loads of computers and a fast car. So why would I lose sleep over it?