As I was going through the news today I came across multiple articles that caught my eye. CNN New York had reported that a report issued out by the Bank of America Securities had mentioned that BITCOIN (BTC) was the best investment of the decade.
If you thought about it, if you had invested about $1 in bitcoins at the start of the decade of 2010 and did absolutely nothing … you would literally have about $90,000 worth of BTC at your disposal.
If you looked at other commodities such as gold and silver, it would not have come even close to any of the percentage gains compared to crypto.
I remember buying my ETH at $13 and already considered it expensive, or DASH at $7 without knowing how high it would have gone by the end of 2017. We do wish that we could turn back the clock and bought more BTC, however, this would not be possible unless someone creates a time machine.
So what’s in store for us for this new decade? The 90s was literally the Dot Com era, moving towards 2k where people was focused on web 2.0 and the rise of mobile apps. 2010 onwards was the rise of digital currencies togather with a lot of other great innovations towards Internet of Things.
I think that 2020s would focus a lot on Digital Currencies in terms of stabilization and acceptance. It would also a focus on Machine Learning and also Virtual Reality where perhaps by the end of this decade VR has become so widely used that large virtual cities would actually coexist and the opportunities inside these virtual cities would be a thing by 2030 !
That does sound more like Ready Player One doesn’t it ? Those who were born in the 70s – 80s would have gone thru such rapid changes in technology and we were fortunate to appreciate what it has become today.
I was talking to my kids as to how it was back in the day where we didn’t have handphones. For them .. they just can’t imagine a unconnected world. I wonder how would their world or their kid’s world look like when they grow.
Its a start of a brand new week ! Hope you are having a brilliant one ahead. Cheers