I got into Bitcoin in January of 2020 and was lucky enough to be there when Bitcoin collapsed to £3,500 in March of that year. I really prospered by buying more until the price went to over the £20,000 mark then I stopped and watched my wallet get fatter and fatter. Earlier this year I decided that I was going to buy myself an old Vespa and restore it myself. I kept looking on Ebay and at the end of April I saw 2 for sale near London and the seller wanted £600 in Bitcoin. I couldn’t believe it this would save me money by not going thru an exchange and it would only cost me the transaction fees from my Electrum wallet. I contacted the seller and on the agreed day I rented a van and after an uneventful journey I arrived and with no bank, no middle man nothing I copied his QR code and pressed send and watched as the Bitcoin landed in his wallet. It was a great feeling to conduct this deal as I had got these scooters for free, that was the feeling that I had. One of those scooters is now restored and MOT’d and up for sale for £750 while the other one is in the middle of a full restoration and future respray. Just thought I’d share this story to show that Bitcoin isn’t a scam, it isn’t a Ponzi scheme and it isn’t a Pyramid scheme either. What it is though is the future of money. One day everyone will be using it for their everyday and weekly shopping trips because Bitcoin will be everywhere and everywhere there will be Bitcoin. Viva Bitcoin 🏴.
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