Bitcoin-Should I Even Care?

Bitcoin - Should I Even Care?


Should I even care about this FAD Bitcoin cryptocurrency stuff? I was wondering about this back in 2010 and 2017 when I started to hear all about this volatile coin. Now, the media and professional crypto traders are proclaiming it as a digital asset. 

 

I was a skeptic for over the past 10 years and hoped I would have studied this subject more back then. I have read “The Bitcoin Standard: The Decentralized Alternative to Central Banking” by Saifedean Ammous. If you have not had the opportunity to read this book, please go get your copy ASAP. 

 

This book has changed my perspective and passion for Bitcoin and other cryptocurrency projects. The era we are in right now is being compared to that of the internet coming into being. There are many cryptocurrency being created where some will live on and others will die on the vine. I try to focus on projects that have utility and make a difference in business. For example, I am invested in VET because it is a blockchain technology that can track all attributes within a supply chain and assist with making informed decisions to adjust production, shipping, and recalls. If you have a chance to read the white paper for VET please do. Right now it is trading at about $0.10 and has so much future potential to pump once we get out of the bear market. 

 

Now, what about Bitcoin. I have about 50% of my portfolio in Bitcoin because of a few factors. There will never be more than 21 million Bitcoin ever mined. This is unlike fiat currency that is being printed nonstop by governments around the world. As long as the US dollar is the world currency countries use and also buy US debt. This is about to shift. Russia has already scoffed at the US sanctions and is looking to other options and cryptocurrency is paving the way to shift capital away from the US dollar. El Salvador used to only accept US dollars and now accepts Bitcoin as another legal tender. Companies know that the US dollar is losing its buying power and are looking for other options and have been buying Bitcoin and other crypto assets. 

 

There is a lot of news in the Media across the world. Make sure you do your own research and develop your own worldview. I did my research and now am drinking the cryptocurrency Kool Aid. 

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Steve Brown
Steve Brown

Father, autism advocate, and passionate for crypto currency technologies.


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