My parents talked to their financial advisor about bitcoin as I told them i was invested. They said he told them bitcoin will never be a currency and the government would never allow it to be a currency because they would have no control over it. I rolled my eyes thinking its not supposed to be a currency. He completely missed the point. He compared it to the Canadian cannabis bubble and pretty much declared it a fad that will crash when all the "big players" cash out. Told them I shouod sell and invest in stocks like enbridge.
Nothing like a little FUD from the parents.
I get the excitement about thinking of bitcoin being a currency in the far future, but it sounds crazy to people when they hear it. Or Maybe I'm missing the point, and only seeing half the picture. I see it as a store of value and one of the only assets you can truly own and travel with globally, a decentralized banking system. But I'm a dumb dumb and I don't grasp things as easily as most. Just a post about a recent experience.
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