Bitcoin is the best software innovation built upon the Internet.
It is an instant, anonymous, cost-free, border-less, traceable, un-hackable way to exchange value.
As technology and its adoption continue to march forward, it is hard to envision a future in which Bitcoin becomes less relevant.
There are really only two possibilities:
Possibility A The number of transactions and “wallets” continue to explode and at some tipping point, Bitcoin goes “mainstream”. It becomes a staple in our lives, whether we realize it or not. Combine all those transactions with a limited number of Bitcoin and you have something quite valuable.
Possibility B Bitcoin will be worth $0.
Bitcoin is obviously very volatile and not for the faint of heart.
But not having a few in your portfolio is investing malpractice.