Confessions — I Absolutely Don’t Love Bitcoin

And neither should you

Photo by Bermix Studios on Unsplash

It’s true, I have written several articles on Bitcoin and cryptocurrencies which will likely moon in the next year or so. If you haven’t read my articles before, you should understand where I’m coming from.

I lay out why I hold cryptocurrencies as well as my personal goal.

My goal is not to see a cryptocurrency become a global currency though this may happen in my lifetime or my kid’s lifetime.

My goal is not to see a currency evolve so that it’s not touched by financial institutions. This may become a part of financial institutions as J.P. Morgan Chase is creating its own cryptocurrency as well as countries such as China. No one knows what direction these cryptocurrencies will take and the future they hold in their respective areas.

If my goal is neither of these, then you are probably wondering what is my true intent.

My goal is pretty simple…

It’s to become rich.

Money or an investment

There is a lot of discussion by true cryptocurrency experts who mention how a cryptocurrency can become a global currency or help the unbanked people of the world. There is nothing wrong with that. These are…