“I think that Bitcoin (and some other digital currencies) have, over the last ten years, established themselves as interesting gold-like asset alternatives, with similarities and differences to gold and other limited-supply, mobile (unlike real estate) store holds of wealth.”
Investors who wish to add an exposure to Bitcoin in a traditional investment account, such as a retirement plan or a cash account, may do so indirectly by buying publicly listed stocks of companies involved in Bitcoin.
Future generations that are free to transact globally, instantly and securely with a money that’s always on and incorruptible will look back on this period of fiat history and wonder how some could’ve ever been stupid enough to think that Kelton economics, in which 2 + 2 = 435, would last.
Hopefully I have demonstrated, at least in part, that if we were to take the best aspects of traditional psychotherapy and modern psychological science to design a money that is compassionate, healing, and equitable, which promotes the best opportunity for human well-being and optimal psychological functioning, then Bitcoin is that money.
The system is so elegant, it is no surprise that it has kicked off a global upheaval. I want more people to understand it so they can feel the same sense of intellectual wonder that I did. More people should draw inspiration from Bitcoin, because the world will be richer for it.
With Bitcoin as a point of reference for how toxic the global financial system truly is, the gas lightning is wearing off – and the people are starting to figure out where they can go to breathe easy again.