I am sure everyone here at some point wondered why your parents didn’t invest in Apple, or Microsoft or other companies when they were just a dollar or so a share? Ever wonder why your parents didn’t buy some homes or land when it was cheap? Today I got my answer.

I was taking my dad early in the morning to an appointment he had. After he was done we went to breakfast. Out of nowhere I see a bitcoin ATM in the distance. We walked over and I got some, not a lot because it would upset him. He is against bitcoin even though he does not know what it is.

My dad has been buying stocks for 50 years, and never once does he buy into anything early on. He is always coming late to the party, I think most people are like this.

I can give you 100 reasons why you should not buy bitcoin, but those reasons will not be valid in 3 years from now given the rate of innovation and adaptation.

One day my daughter will ask me why I didn't buy more when it was cheap, my answer will be because I didn't have more money to buy, not because I thought its going nowhere.

submitted by /u/jchang23
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Bitcoin – The Currency of the Internet

It would be impossible for every Fidelity brokerage customer to own even one Bitcoin. This is why Bitcoins are worth thousands of dollars, while a dollar is only worth one dollar (and only until next year when when it’s worth 97 cents). – Erik Voorhees

It would be impossible for every Fidelity brokerage customer to own even one Bitcoin. This is why Bitcoins are worth thousands of dollars, while a dollar is only worth one dollar (and only until next year when when it's worth 97 cents). - Erik Voorhees submitted by /u/Fly115
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Bitcoin – The Currency of the Internet

The $1 dollar backed tether (USDT) is now worth less than 97 cents.

This is about price but of a different thing. People are willing to sell USDT for below $ 1. They would rather hold "actual real money"TM rather than bitcoins or so called stablecoins. This is telling. If someone wanted to exit USDT why don't they just buy bitcoin or any coin for that matter instead of selling USDT at a loss?

https://cryptowat.ch/markets/kraken/usdt/usd/5m

submitted by /u/i_gotta_say
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Bitcoin – The Currency of the Internet