I have spent around 60–80 hours understanding Bitcoin from various perspectives:
•From an engineering perspective. •From a physics perspective. •From an economics perspective. •From a historical perspective. •From a societal perspective. •From a game theory perspective. •From a network effects perspective. •From a monetary perspective. •From a property rights perspective. •From a digital age perspective. •From a scarcity perspective. •From a supply and demand perspective. •From a security perspective. …
My conclusion:
I think there is a very high probability, Bitcoin will continue to outperform—by a significant margin—every other major asset class (stocks, gold, real estate, etc.) over the next decade, just as it has in the previous one, provided you have a minimum investment timeframe of four years.
Why most people don’t see it?
- it’s hard to do the homework for understanding bitcoin
- it’s very hard for humans to develop intuition for non-linear growth and thinking in longer term timeframes
Never invest in something because someone said so. Only invest if you have done the homework and have strong reasoning for why you think your investment has a high likelihood of good returns.
Want to learn more about Bitcoin?
One good source is Michael Saylor.