In the world of dividends and yield on capital investments, I feel this asset will deliver staggering yield and appreciation in the coming years.
The biggest reason that the stock market has been on a tear for a decade, is that the money is moving into there seeking yield. With rock bottom interest rates and fixed income investments losing value against inflation (real interest rate), capital has no choice but to take on more risk to get the returns. Pension funds who depend on interest bearing assets to give them 5% with little to no risk, find themselves in the shark tank.
Cryptocurrencies have been notoriously bashed by Warren Buffet, who claims that they don't produce anything. Fiat currencies don't produce anything either, except theft through inflation. I believe that Warren is wrong in this thinking, but he also doesn't invest into things he doesn't understand. He definitely does not understand crypto. He has a hard time investing in things that are intangible, like technologies and software. This line of thinking has cost him, but he does't need the money anyway.
The software and tech industry has proven beyond a shadow of a doubt that information technologies create massive amounts of wealth for the investor. The tech industry is dominating and the tech curve is also accelerating.
Cryptocurrency can most definitely create and produce. The internet is a means of production, whether it has tangibility is irrelevant, we are moving to a digital age.
Happy Investing C# HODLCREW
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Binance- https://www.binance.com/?ref=10117792
KuCoin- https://www.kucoin.com/#/?r=1tcM7
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