Bitcoin turns you into a saver instead of consumer
I have noticed the phenomenon in my own life and my siblings life. Instead of buying a new car, I drive a 12 year old one. Instead of buying a house I rent a room from a friend. This is all due to wanting to acquire more btc, & also to not sell any btc. Things bought now with btc draw an incredible opportunity cost. For example my brother has been in btc since almost the very beginning. He sold 500 btc to buy a street bike for like 10 grand… that bike cost him 50 million dollars. Extreme opportunity cost submitted by /u/electrician9999 [link] [comments]
I have noticed the phenomenon in my own life and my siblings life. Instead of buying a new car, I drive a 12 year old one. Instead of buying a house I rent a room from a friend. This is all due to wanting to acquire more btc, & also to not sell any btc. Things bought now with btc draw an incredible opportunity cost. For example my brother has been in btc since almost the very beginning. He sold 500 btc to buy a street bike for like 10 grand… that bike cost him 50 million dollars. Extreme opportunity cost
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