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> I have Bitcoin, and I will likely never sell it Curious, why did you buy it if you will never sell it?
by rsj_hn 5y ago
> I have Bitcoin, and I will likely never sell it
Curious, why did you buy it if you will never sell it?
- ryanSrich 5y ago2 reasons: 1.) as collateral. I’ve already taken out and paid off a loan using my BTC as collateral. 2.) to pass on to my children. I see Bitcoin as a generational asset. If we continue on the path we’ve been on the last 10 years, a single Bitcoin could be worth millions in 30 years.
- rsj_hn 5y agoOK, intergenerational transfers are a thing, especially of assets whose value is somewhat independent of the state.