What I Think I Know
  • About
  • Books
    • Great Books
  • Music
  • Quotes
  • Members
  • Search Icon

What I Think I Know

“Just trying to do the hardest thing of all – to understand”

Bitcoin is not an investment. It is not a speculation. It may or may not be a durable form of money; time will tell…

Bitcoin is not an investment. It is not a speculation. It may or may not be a durable form of money; time will tell…

December 1, 2017 Nate

— Bill Bonner (link)

You may make a lot of money in the bitcoin bubble. Or lose it. Either way, don’t take it seriously. You should treat it like a dollar bill on the sidewalk. If you are lucky, you will pick it up before it blows away. If you are unlucky, you will chase it into the busy street and be struck by a crosstown bus.

Easy come, easy go – like an uninvited relative. Neither celebrate its coming… nor shed a tear at its departure.

What good is such money?”


Quotes
Bitcoin, CryptoAssets, Money

Post navigation

NEXT
Coat on a Stick
PREVIOUS
There are two things money can do for you: It can buy comfort and/or status. To make a long story short: Neither is worth the nickel, so to speak.

Leave a Reply Cancel reply

You must be logged in to post a comment.

Subscribe to our mailing list

Categories

  • Biology (12)
  • Books (5)
  • Favorites (209)
  • Freedom (10)
  • Funny (70)
  • Health (1)
  • History (9)
  • Investing (86)
  • Knowledge (102)
  • Marketing (4)
  • Music (82)
  • Philosophy (156)
  • Politics (19)
  • Psychology (155)
  • Quotes (1,271)
  • Relationships (13)
  • Religion (9)
  • Technology (19)

Tags

Altruism A Philosophy of Life Awareness Biology Brain & Mind Caring Too Much About What Others Think Charlie Munger Death Democracy Desire Economics Emotions Epictetus Fear Funny History Human Behavior Human Folly Immigration Individuality Investing Irrationality Knowledge Language Life Love Machine Learning Marcus Aurelius Marriage Money Pain & Suffering Perspective Politics Prince Seneca Social Influence Standard of Living Stoics Success Thinking Time Truth Uncertainty War Work

Archives

Categories

  • Biology
  • Books
  • Favorites
  • Freedom
  • Funny
  • Health
  • History
  • Investing
  • Knowledge
  • Marketing
  • Music
  • Philosophy
  • Politics
  • Psychology
  • Quotes
  • Relationships
  • Religion
  • Technology

Tags

Altruism A Philosophy of Life Awareness Biology Brain & Mind Caring Too Much About What Others Think Charlie Munger Death Democracy Desire Economics Emotions Epictetus Fear Funny History Human Behavior Human Folly Immigration Individuality Investing Irrationality Knowledge Language Life Love Machine Learning Marcus Aurelius Marriage Money Pain & Suffering Perspective Politics Prince Seneca Social Influence Standard of Living Stoics Success Thinking Time Truth Uncertainty War Work
© 2021   Copyright. All Rights Reserved.