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If you are under 25 and so easily have enough time to start from scratch if you lost all your money, Bitcoin is perfectly fine for the majority of your assets.
by vbuterin 13y ago
If you are under 25 and so easily have enough time to start from scratch if you lost all your money, Bitcoin is perfectly fine for the majority of your assets. If you're 50, then you should think of Bitcoin as a startup investment, as a small purchase so you have enough on hand to use for what you want, or as financial collapse insurance - all of which might only require a few percent of your money. It's all about context.
- counterbalance 13y agoHonestly, it's about time you guys talking your book start disclosing your total Bitcoin position. Some of the top voices have 100,000+ BTC to their name: cough evoorhees trace mayer. Dunno about vbuterin, but this is just something to think about. I know bitcoin is a major innovation, but having a bunch of them is an insanely powerful motivator and it becomes virtually impossible not to mix fact with fiction when your entire net worth is riding on it.