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Bitcoin doesn't have to last forever

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First, I apologize in advance for my Broken English. I am very poor in English because I am a Korean(the same with Do Kwon) born in 1963.

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Martin Luther (or Baruch de Spinoza) said:

"Even if I knew that tomorrow the world would go to pieces, I would still plant my apple tree (today)."

This is true for people who live their lives. The following slogan is posted on the wall of my office. Older Koreans like me still often use Chinese characters.

一日一生 (A day is a life)

一生一日 (A life is a day)

The "A day is a life" means to live a day like a life. Because that's the case. One day and one life have just the difference in time. No more.

It is usually a well-known story in the East so far. This is because it is a sentence that can be easily accepted by anyone with a minimum sense of ethics even if they have not been enlightened. On the other hand, "A life is a day" is a bit different. There is no such thing as this in the Eastern World. It may have been said where monks in the mountains lived.

The "A life is a day" is a sentence related to reincarnation(transmigration, rebirth). From the perspective of reincarnation, every day of an eternal life is the life we live now. Therefore, just as most normal people live today while preparing for tomorrow, it is the meaning of the "A life is a day" that they live in the present life while preparing for the afterlife. And from this point of view, Luther's words make sense. The reason why you can plant apple trees in the present life is that even if you cannot pick and eat the fruit in the present life, you can pick it in the next life. If you follow the Christian version, you can go to heaven and eat it.

Unfortunately, Luther's right words from a life perspective do not work in the world of investment. However, there is no need to throw away all of Luther's expressions. It is transformed into a stock or coin version. Only a little bit.

"Even if I knew that the day after tomorrow the world would go to pieces, if the fruits are born tomorrow, I would still plant my apple tree (today)."

All investments are based on tomorrow, not the day after tomorrow. Although an investment fail the day after tomorrow, if the price of the investment skyrockets tomorrow, the stock or coin can be sold today. This is why I'm placing a buy order on Bitcoin today, even though it might die out in 100 years. This logic is valid for all other investments, whether stocks or coins.

Don't tell me here that Bitcoin will eventually die out. It is only nutritious to a historian or at least in the economics classrooms of the university. This is gambling. The day after tomorrow means nothing. We're here to make money, not to get the basic materials of a PhD research paper on Coin's history.

submitted by /u/gotificial
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한 곳에서 모든 암호화폐, NFT 및 DeFi 를 관리하세요

시작하는 데 사용하는 포트폴리오를 안전하게 연결하세요.