Not up to two weeks ago, I answered the question is too late to buy bitcoin in this article. Then Bitcoin was trading at $30,000. Today it is trading that $42k after the news that Tesla (Elon Musk) invested $1.5B in Bitcoin already.
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Bitcoin is a religion. But before we discuss that, let’s talk about the religion of fiat.
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I often make remarks that I consumed more than 100 hours of resources on Bitcoin not just to understand it but to also build a conviction in it.
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Bitcoin as an asset class is still emerging at best. It is relished with a lot of possibilities from replacing all fiat to becoming the transaction powerhouse of the world, it has been dubbed the internet gold and enthusiasts expect it to replace the physical gold in terms of market capitalization, an event which will bring its market value to $7 trillion.
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