The price of Bitcoin was $56,000 when I purchased my first fractional shares on Sept. 9.
At the time, I didn’t fully grasp the raging cryptocurrency craze, and to be honest, I still don’t get all the technical details.
But that didn’t stop me from investing $100, with an ironclad investment thesis: “Let’s see what happens.”
Two months later, Bitcoin’s price had surged by more than $20,000.
Seeing a 38% return on my $100 got my attention. Suddenly, crypto wasn’t just a distant buzzword. It was something I needed to understand.
At first, Bitcoin seemed like a mysterious and volatile asset that only tech enthusiasts or the financially adventurous truly understood. I hadn’t been one of those people.
To me, it was just another digital asset you could buy, sell and hope it increased in value. But after watching my $100 grow to $138 in just two months, I couldn’t ignore it anymore.
The price jump wasn’t just a fluke. It made me realize Bitcoin was more than just hype. It had the potential to change global finance. But the real question was why?
I mentioned on Monday that I’ve spent my past two weekends binge-watching documentaries about money. I’ve officially gone down a rabbit hole.
Bitcoin topped $100,000 for the first time on Wednesday, and I needed to know more about this digital currency.
The more I learned, the clearer it became: Bitcoin isn’t just a speculative investment. It’s a response to something much larger — the instability and inflation of traditional currencies. Central banks print money, governments borrow endlessly, and the value of fiat currencies like the dollar and euro can fluctuate wildly.
Bitcoin, on the other hand, operates on a decentralized network with a fixed supply of 21 million coins. This means it can’t be inflated the way traditional currencies can. No one can just print more Bitcoin.
That stability — both in its design and in its potential — is something that finally clicked for me. It’s a possible solution to the long-standing problems with global currency systems.
And the more I learn, the more I see that Bitcoin isn’t just a way to make money. It’s a part of a larger shift in how we think about money itself.
After finishing The Hidden Secrets of Money, I stumbled upon a 90-minute documentary called God Bless Bitcoin. It’s a compelling introduction to the rise and potential of cryptocurrency, offering a deeper dive into Bitcoin’s transformative potential and the philosophy behind it.
If you’re curious about Bitcoin and want to understand what all the hype is about, this documentary is a great starting place. It covers everything from Bitcoin’s creation and its revolutionary technology to its role in challenging the traditional financial system.
Whether you’re skeptical or intrigued, God Bless Bitcoin provides a comprehensive view of why so many people are convinced this digital currency is more than just a passing trend.
For me, it’s just the beginning. The deeper I dig, the more I realize how much there is to understand. Learning about this new technology is more important than ever. Those who don’t risk getting left behind as the world shifts toward a new financial paradigm.
But of course, it’s not all smooth sailing.
Like any emerging technology, Bitcoin has its critics. The volatility, the environmental impact of mining, and the regulatory challenges are real issues. However, these debates are also part of the conversation you’ll encounter in the documentary, offering a balanced perspective on both the potential and risks of Bitcoin.
So, if you’re ready to explore Bitcoin and learn about how it’s reshaping the future of money, check out God Bless Bitcoin. It’s an eye-opening experience, and it just might change the way you think about your own financial future.
Disclaimer: The information contained on Money Talks is not intended as, and should not be understood or construed as, financial advice. I am not an attorney, accountant or financial advisor. These are my personal experiences, and neither this website, newsletter nor podcast is a substitute for advice from a qualified professional.