Bitcoin Cannot Go To Zero
There is no doubt that Bitcoin fluctuates wildly, which is likely to scare off many conservative investors.
However, several factors seem to indicate that Bitcoin might enjoy a floor; that is, Bitcoin is unlikely to go "bankrupt" or fall to zero.
You can simultaneously view Bitcoin as a technology and medium of exchange which allows for thinking beyond speculation and perhaps a robust technology investment.
The S-Curve of technology adoption provides some sense of Bitcoin's potential in the U.S. and beyond.
Bitcoin's safety and value might counterintuitively be realized with respect to fiat currency; Venezuela is used as a case study.
I am a relatively conservative and risk averse investor. As I look at the rise of Bitcoin, I often find myself thinking about one thing: risk. I am willing to speculate in some cases, and I also am willing to invest to learn more about an opportunity. I have come to feel that Bitcoin is far less speculative and more conservative than most people think.
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