Just a bit of info for you on the whole Bitcoin (BTC) thing. I think it is a game-changing technology that allows you to conduct transactions without the banking community getting their cut of things. That said, the blockchain technology itself is going to be the big revolution. (If this is all still to confusing, message me and I will be glad to try to help you out.)
The Math of Bitcoin: Where Should You Put Your Money?
If you invested $1,000 10 years ago in the following places, here’s how much you’d have now:
Netflix: A $1,000 investment 10 years ago would be worth $51,966 today.
Amazon: $1,000 investment 10 years ago would be worth $12,398 today.
Apple: $1,000 investment 10 years ago would be worth $6,228 today.
Starbucks: $1,000 investment 10 years ago would be worth $4,687 today.
Nike: $1,000 investment 10 years ago would be worth $3,319 today.
McDonalds: $1,000 investment 10 years ago would be worth $2,793 today.
Bitcoin: $1,000 investment 10 years ago (less) would be worth $137,649,000 today.
Those outside of the BTC will say, “its a bubble that has to burst.” That could be. I for one, think it will settle down after it tops out but I feel that will be at a much higher level.
This next part is what gives some people the heebie-jeebies… and makes it sound like a pyramid scheme. If you sign up to Coinbase using the link I provides, you will get $10 in free BTC (and so will I.) This system is being used because it works, there are no downlines – this is not a MLM – referral links have long been proven to be a great way to reach large numbers of people. The average person has either never heard of Bitcoin or thinks it is some internet voodoo and they want to steer clear. That means that only a tiny portion of the population (in our country) has invested
That fact alone tells you how much higher it is heading as more and more families talk about it over the holidays etc.
“The best time to plant a tree was 20 years ago. The second best time is now” -Anonymous