Bitcoin is not crypto, eventually, you and everybody else will understand this.

Altcoins are disruptive technology and as such 99.99% of them will go to zero. Congratulations on your shorting and if you want to make even more money you can short most of the coins in the top hundred.

Bitcoin is the solution to the age-old problem of storing, preserving, and transferring monetary value without the need for third trusted parties. Gold was like that, to an extent, until banks decided to kidnap it and rehypothecate it, now we have something better.

Bitcoin is unconfiscable, censorship-resistant, extremely portable, and easy to secure and transport and all these attributes make it the only form of property you can truly own.

You might still be under the illusion that you own the money in your bank account, your home, or some shares but you don't. You need permission to use those and one day you'll realize this the hard way.

An expert in diesel engines knows nothing about electric cars. Warren Buffet is an expert in fiat, a clearly in decline system. Don't look back, look forward

--

--

--

Author of ´Bitcoin For Mere Mortals´ available @Amazon. Subscribe and drop me a line and I’ll send you a copy for free, no strings attached.

Love podcasts or audiobooks? Learn on the go with our new app.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Alberto Guerrero

Alberto Guerrero

Author of ´Bitcoin For Mere Mortals´ available @Amazon. Subscribe and drop me a line and I’ll send you a copy for free, no strings attached.

More from Medium

Bitcoin, Digital Scarcity, And Nissan.com

Senate Candidate Bryan Solstin Backs Bitcoin Legal Tender in USA as Top Priority

Five Myths about Bitcoin Debunked

Crypto Markets are Manipulated, what was your point?