InvestorsHub Logo
Followers 86
Posts 7891
Boards Moderated 4
Alias Born 01/24/2007

Re: Buckey post# 184963

Monday, 04/12/2021 12:56:31 PM

Monday, April 12, 2021 12:56:31 PM

Post# of 221243
Serious question for you: What don't you get?

I think they have dumbed it down a lot for us but I am still not getting it LOL

BTC has been around since 2009 as most folks know, even tho it didn't get much press until 2013.

Since then, there've been a million articles written about it, explaining how it works and how & why it might be useful.

As a Yank who has lived most of his adult life as an expat, I can tell you 2 things:

1. Americans who only live in America tend to accept the "it's only used for the dark web and money-laundering" theme.

2. Internationally, BTC appears to be MUCH more widely accepted as both REAL and USEFUL - there are many economies that suffer under arduous & outrageously expensive money-transfer controls.

Fwiw, I turned my Dad onto BTC 3 years ago after the 2017 runup/crash. He was fascinated by it, learned about it, and invested into it heavily early 2019 (GBTC and later added GDLC when it debuted). He added quite a bit going into 2020's halving. He's also owned RIOT & MARA but I believe he's scaled back on those positions.

He'll be 90 in June.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.