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Meh... there were some bonds provided by the Mexican government between 1850 and 1951 that at the time seemed like a good investment and now they are worth noth
by xtracto 5y ago
Meh... there were some bonds provided by the Mexican government between 1850 and 1951 that at the time seemed like a good investment and now they are worth nothing [1]. Different instruments for different goals.
I would hold BTC for a 100 year horizon. I wouldn't hold it for a 500 year horizon. Actually I would not hold any asset for a 500 year horizon (including gold): I don't have kids and I don't think I will have to worry at that time.
[1] https://www.banxico.org.mx/marco-normativo/d/%7B097567D4-647C-0071-0E93-55D887D1E54E%7D.pdf https://www.banxico.org.mx/marco-normativo/d/%7B097567D4-647...