My Unpopular Options about Bitcoin
People have been riding the bitcoin train and making large amounts of money for some time now.
The stock market has a few types of people those who understand what they're investing in and those that don't. If you're the latter you might as well be gambling in Vegas.
I've always felt you should invest in what you believe, and understand. Unless you want another full-time job.
I may be the odd man out here but my Unpopular Opinion on Bitcoin is it will never be a bank. If I had Millions of dollars in bitcoin I would want every penny tracked and accountability
because of this, I will never invest my money in it.
The simple fact is, that the backbone of Bitcoin and cryptocurrency is the intent to be anonymous. It may work for businesses doing business on the sly but for the average hard-working business or person. Accountability and tracking are crucial.
The stock market like anything has their own fads and people trying to manipulate them from Gamestop to bitcoin there will always be stocks meant for trading and not investing
Let me clarify that. For me investing is backing something I believe in. Whether it's money or time. If you can't stand behind something and put your name on it should you be backing it?
I've heard many good points from people around the world and understand their beliefs and why they back Bitcoin.
Like given women a way to save money in countries where their own government won't allow them to have bank accounts
What are your thoughts on investing in something you can't stand behind? Let me know down below