RE: Would you take 55,000 STEEM or 1 BTC?

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RE: Would you take 55,000 STEEM or 1 BTC?

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gniksivart in #steem • 5 years ago

I'll have to go with 1 BTC.

I'm a low-risk kind of guy though and would rather a $3,000 BTC 5 years from now than $0.00 for my Steem.

Why I chose Bitcoin - Brand recognition. Even if people have never used Bitcoin they still have probably heard of it.
It's been around longer, so the chances of it going to 0 in the next 5 years are less.
Its design makes it a good store of value.
It would be awesome to say I have 1 BTC.

My actions though say I'd go with Steem though as I just sold all my BTC and alts to try and make it to dolphin status before the end of the year.

5 years ago in #steem by gniksivart

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tarazkp 5 years ago

I'm a low-risk kind of guy though and would rather a $3,000 BTC 5 years from now than $0.00 for my Steem.

I would be super disappointed with both. All his work for a couple weeks salary? :D

My actions though say I'd go with Steem though as I just sold all my BTC and alts to try and make it to dolphin status before the end of the year.

There is an emotional attachment to what is used over what sits in a cold wallet. I think this is a good sign for Steem.

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gniksivart 5 years ago

I would be super disappointed with both. All his work for a couple weeks salary? :D

I was assuming "worst case" scenario for both.

There is an emotional attachment to what is used over what sits in a cold wallet. I think this is a good sign for Steem.

Something very true that I haven't put much thought into. People value more what they work for then what they are given. Will be interesting to see how this plays out for Steem.

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tarazkp 5 years ago

I was assuming "worst case" scenario for both.

Well, worst case is zero on both, but I don't think either will be at zero... maybe Steem ;D

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