176. Be careful with your BitGold
Easy come, easy go. Yes it is easy to get your first BitGold but later it will become so much more difficult. You have to see things in a longer perspective. Now you earn 7 new BitGold daily. But ten years from now, it will be almost impossible to earn BitGold.
They will be so expensive that it will take 1000 days just to buy a single BitGold. In the future it will really matters how many BitGold you have.
When our members from Sierra Leone is selling their BitGold, I am thinking, I give them gold but they confusing it with sand. Yes, I understand, they need money, but there must be other ways to find the money.
Or maybe I am just mistaken. Maybe I am too optimistic about our chances. But I am thinking, when we have a reliable system, when we have our wallets, there will be a super strong incentives for all people to join.
The basic income will be worth one million dollar even in the worse case scenario and who says no to so much money. So I firmly believe that all people in the world will join.
I believe that one BitGold will be worth 100 000 euro ten years from now and then I wonder how our members can sell 500 BitGold for almost no money at all.
Time will tell if this project will succeed or not but I like our chances and I will invest in more BitGold and have many of them when the price will speed up.
For those of you that dont know why the price will go up, read my other posts about BitGold. I explained it into details there. Right now, I just want our members to be more careful with their BitGold and not confuse gold with sand.
Easy come, easy go. Yes it is easy to get your first BitGold but later it will become so much more difficult. You have to see things in a longer perspective. Now you earn 7 new BitGold daily. But ten years from now, it will be almost impossible to earn BitGold.
They will be so expensive that it will take 1000 days just to buy a single BitGold. In the future it will really matters how many BitGold you have.
When our members from Sierra Leone is selling their BitGold, I am thinking, I give them gold but they confusing it with sand. Yes, I understand, they need money, but there must be other ways to find the money.
Or maybe I am just mistaken. Maybe I am too optimistic about our chances. But I am thinking, when we have a reliable system, when we have our wallets, there will be a super strong incentives for all people to join.
The basic income will be worth one million dollar even in the worse case scenario and who says no to so much money. So I firmly believe that all people in the world will join.
I believe that one BitGold will be worth 100 000 euro ten years from now and then I wonder how our members can sell 500 BitGold for almost no money at all.
Time will tell if this project will succeed or not but I like our chances and I will invest in more BitGold and have many of them when the price will speed up.
For those of you that dont know why the price will go up, read my other posts about BitGold. I explained it into details there. Right now, I just want our members to be more careful with their BitGold and not confuse gold with sand.