You Won't Get Rich By Listening to "Experts" Who Say Bitcoin Is Worth "Zero"--Forget It!

Illustration for article titled You Wont Get Rich By Listening to Experts Who Say Bitcoin Is Worth Zero--Forget It!
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Fellow crypto enthusiasts know that future generations will look back on today as the Age of Bitcoin, and Virgins. Our message to you: heed not the cries of so-called “qualified financial advisors” who tell you this imaginary computer money is useless.

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If getting rich was easy— everyone would do it! Am I right? So you know it ain’t easy. Easy would be, for example, listening to the advice of financial institutions that manage billions of dollars on behalf of high net worth clients. That ain’t crypto, my pals. You can’t spell “rich” without “risk,” and you can’t get rich without possessing the fortitude to listen to some guy on Reddit while ignoring the “old school” voices of the past.

You may have heard that Allianz Global Investors has issued a little note about Bit coin, containing scaremongering “old money” assertions such as:

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  • “Its trajectory resembles a textbook case of a financial-market bubble”
  • Claiming it suffers from “Significant overvaluation”
  • Claiming it is only good for “Swindles”
  • “It appears to us that bitcoin mania is a textbook-like bubble – and one that is probably just about to burst.” (Okay, we get the point)
  • “In our view, its intrinsic value must be zero: a bitcoin is a claim on nobody – in contrast to, for instance, sovereign bonds, equities or paper money – and it does not generate any income stream.”

Guess what, experts: In our view, you never had a crypto party on a boat that you rented with the profits you made on Ol Dirty Bastard’s son’s crypto currency! And that’s something we hope to do one day. Sadly, we won’t be able to listen to you, “experts”— have fun counting your “real” money— while we count down to party time!

Please contact me if you would like to buy some of my bit coins.

Senior Writer. Hamilton@SplinterNews.com

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