In a way to encourage investing in Bitcoin, someone stated the same people who think it’s crazy to store wealth in Bitcoin hold their entire savings in a 401k filled with 1,000+ assets they’ve never heard of.

A fair reason seems to be that those 1000 assets have a longer history of success when compared to Bitcoin.

Crypto enthusiasts believe that Bitcoin is getting close and that there are several new investors who are educating themselves on BTC.   

Cryptocurrency needs high-risk appetite.  One of the onlookers of the concept expressed, somehow the word “savings” has been conflated with the endless risk-on, on-ramp of capital shoveled into 401k (403b) accounts. How anyone thinks endlessly throwing currency at risk-on equities is the equivalent to saving is beyond me. False advertising!

So, the onlooker with his opinion tries to clarify the difference between “savings” and “endless risk” are two different things and that Bitcoin has the inherent risk.

When discussing the foundational basis for the real price appreciation of Bitcoin, some feel that up until this point, the price appreciation of Bitcoin includes only the hopes for real future market share gain (in SoV/currency), and excludes the actual market share gain that should be happening.

Serious investors are thinking about at what point will Bitcoin’s rise affect the other two markets.  Some of them feel that BTC is managed by someone or some group they have never met, trusting the prospectus and balance sheet will always go up and therefore submit a point in favor of Bonds and stocks, which are fiat instruments with preferable tax treatment compared to fiat currencies. All based on future cash flows.

However, these are discussions and ideals from people who are just beginning to understand BTC.  Those who think, they have understood things well, have to state that those who have bought Bitcoin (BTC) now are already early to the revolution.

While all these discussion are happening Keith Grossman, TIME’s president is set to be paid in Bitcoin and also TIME, the company will continue to hold Bitcoin on its balance sheet.

Time Magazine, the company will now be joining MicroStrategy (MSTR), Tesla (TSLA), Square (SQ) and others who are holding Bitcoin on their balance sheets as a store of value assets. 

Important to note, TIME recently sold about three of its covers as NFTs, thus showing further involvement in the cryptocurrency industry.  Also, Time Magazine is the first legacy media group holding Bitcoin.