When I told my brother that I was thinking of investing in Bitcoin, not just for it's asset value but also for it's ethical value for the whole World, he told me to 'avoid it like the plague!'

He said not many people understand anything about bitcoin and I should never even consider investing my hard earned money in something that could collapse to zero at any time.

I mentioned Bitcoin to my optician last week. He said that Bitcoin was just nothing but numbers so how could it have any value. My Uncle who has been investing in stocks and shares for decades said the same.

I have listened to hundreds of hours of bitcoin videos and podcasts over the past few months and very few of these have negative content.

Apart from bitcoin all of my investments are in real estate. I recognize that the graphs for real estate draw comparisons with those of bitcoin in that the trend is always upwards.

Both real estate and bitcoin have scarcity value and ever-increasing levels of demand.

So many people are risk averse that they wait until everyone is piling into the party and by that time the bubble bursts and the party is over, or at least until the values are reset and another bubble can emerge.