What do you think the long term future of bitcoin is? Is it worth stacking small amounts over time as a type of "doomsday insurance"?
I'm thinking of taking a little bit out of each paycheck to stack coin over the next year or so, and then putting it all on a hardware wallet in my safe (once I have an amount large enough that it becomes reasonable to invest in a hardware wallet). After seeing things like 2008 and the ongoing pandemic, I've developed this weird paranoia that something catastrophic will happen to the world economy, and that crypto (maybe even precious metals) will replace most economies. I mean obviously nobody here has a working crystal ball, but what do you think the future of bitcoin, and crypto in general, is? Do you see it as something that could replace economies completely, or something that will stay largely used for investing and anonymous transactions? Does my paranoia seem too far fetched, or should I consider investing in btc for this scenario? Sorry if this sounds like some weird conspiracy theory type shit, I've just had this on my mind for a while and wanted to hear other peoples opinions on it. Thanks!
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from Bitcoin - The Currency of the Internet https://ift.tt/2CM2e3m
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