So this is a thought experiment. Lets say I could give you today on Tuesday, May 9th, 2017 one of the following:
- 1 Bitcoin (Delivered to your bitcoin wallet in one year)
- 1792 STEEM (Delivered to your STEEM wallet in one year)
- 1.4 Ounces of gold (in physical gold delivered to you in one year)
- $1,800 USD (in cash fiat Dollars - 18 Benjamin's delivered to you in one year)
- 110 Ounces of silver (in physical silver in one year)
- 12 shares of Apple Stock (delivered to your online trading account in one year)
If these where the options, which one would you choose and why?
And if you didn't catch it, the catch is that you don't take possession of any today, you get them in one year on Wednesday May 9th, 2018.
Let me know what you think the risk/rewards are for your decision? Would you risk or would you play it safe?
Also keep in mind this is free value since you hypothetically get them at no cost to you, they are simply "air-droped". The only input you have is the decision which one of the 6 would you select?
My answer:
I'm only sure of one thing to be 100% true, and that is the USD will go down. Back when it use to be real money and the Secretary of Treasury Alexander Hamilton defined the US Dollar as 24.057 grams of silver it use to be deflationary but since it became fiat currency it has lost more then 90% of it's value and it goes down every year. So I know that USD would not be my choice.
Since it's a gift in this thought experiment I would go for the one that has the potential to go up the most in value and that would not be gold or silver where going up 100% in one year would be very good, and BTC maybe 200 or 400% in one year so my answer is STEEM since it might go up 1000% or even more. So I would risk it (that's my final answer).
Looking forward to your answer.
PS: I rounded off BTC at $1800 which is a over the real price but more close to having to physically take position of it if you where in some countries and had only fiat and a hard time getting it and having to pay a premium. This might be a mistake for the experiment so feel free to take that into account. Also some of the other value is +- rounded off so it's not very precise, use the number in the listing for your decision for example if you want gold you get 1.4 ounces in 1 year even that might not be true conversion value today but that is what you would get in one year. Make sense?
CR