When I invested in Bitcoin in 2010, it was worth a few cents per Bitcoin and back then I was pretty confident that it was undervalued. In 2012, I realized that it had some significant challenges with scaling and governance and that’s what prompted me to work on other projects to address those issues. Yet, Bitcoin’s price has continued to appreciate.
I can’t give investment advice and I can’t predict the future. What I can say is that Bitcoin has surpassed even my wildest expectations in terms of price, but has failed to live up to my hopes in terms of use cases. It’s five years later and I still can’t pay for most online purchases in Bitcoin.
