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Be kind to your elders
(lemmy.world)
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this post was submitted on 18 Mar 2025
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Yes. Absolutely. But I see where the appeal comes from. A few years ago I bought some Bitcoin for 50 Euro. A year later it doubled in value. That was nice. And that was moderate compared to when I first got Bitcoin and it was as cheap as dirt and suddenly it's worth 70k. With the world in the grips of the billionaire class people get desperate for even a chance at moderate wealth. It's a sad symptom of the fucked up world we're living in.
The relative value of your bitcoin changed, but the amount of bitcoin itself stayed the same.
Same happens with cash I guess, except it tends to be worth less over time.