11–20 of 153 posts
Has anyone noticed the disparity between how many articles get written about btc's price, and how little gets written about its real-life uses and benefits?
I write meaty articles about Bitcoin; if that's what you seek, check out: http://www.coindesk.com/author/jameson-lopp/ and https://medium.com/@lopp
Not a billionaire, but also trying to keep some percentage of my net worth in cryptocurrencies. Worked great so far. 10% seems to be about right. (I have much more trust in blockchain than in government retirement schemes).
I don't see how people can look at cryptocurrencies as investments over the long term. It's like saying you have all your money in Swiss Francs in a checking account that returns no interest because you think the Swiss are doing a stellar job at setting up an economy/banking system.
In the short term you're basically betting on cryptocurrencies gaining adoption and thus more of the economy needing them. In the long term it's just a currency not an investment.
>(I have much more trust in blockchain than in government retirement schemes).
That's not the alternative, some kind of diversified portfolio of stocks (a simple index fund is usually the easiest) is the right benchmark. Personally I will always feel safer with owning a (very small) percentage of the total productive companies in the world than a currency that's only worth something as long as someone is willing to keep trading in that specific one and not change to some other one. I look at the value of my stock holdings in euros only because it's also my day to day currency but the underlying value can be repriced in any currency over the next 50 years (my investment horizon).
What I would really like to do is price my stock holdings as percentage of total world stock market capitalization (with plenty of decimal points). Anyone have a good source for that number?
Has anyone noticed the disparity between how many articles get written about btc's price, and how little gets written about its real-life uses and benefits?
Not a billionaire, but also trying to keep some percentage of my net worth in cryptocurrencies. Worked great so far. 10% seems to be about right. (I have much more trust in blockchain than in government retirement schemes).
>Not a billionaire, but also trying to keep some percentage of my net worth in cryptocurrencies. Worked great so far. 10% seems to be about right. I don't see how people can look at cryptocurrencies as investments over the long term. It's like saying you have all your money in Swiss Francs in a checking account that returns no interest because you think the Swiss are doing a stellar job at setting up an economy/banki…
> [Novogratz] recalls that Buterin, ... showed up late, which struck him as shocking -- and a bit ballsy. He figured it was worth paying attention to Buterin. The lesson is to be impolite? I think I saw this in an episode of Silicon Valley.
Something tells me he won’t be a billionaire for long.
> [Novogratz] recalls that Buterin, ... showed up late, which struck him as shocking -- and a bit ballsy. He figured it was worth paying attention to Buterin. The lesson is to be impolite? I think I saw this in an episode of Silicon Valley.
The lesson is to be so good they can't ignore you.
Has anyone noticed the disparity between how many articles get written about btc's price, and how little gets written about its real-life uses and benefits?
Has anyone noticed the disparity between how many articles get written about btc's price, and how little gets written about its real-life uses and benefits?
It could be because of the barriers to entry, even perceived barriers to entry, or barriers to said use that it's not actually being used for its intended "purpose", admittedly.
Has anyone noticed the disparity between how many articles get written about btc's price, and how little gets written about its real-life uses and benefits?