It is interesting that so many people here talk about buying bitcoin and holding it for next 5, 10, 20 years, as they expect the price will be much higher by then.
At the same time, I am guessing most of them would say that bitcoin is a currency rather than an asset.
Yet the thinking seems to be to treat it more like an asset (like gold), then a currency.
It's not often we hear people saying they are going to buy US dollar, or Indian Rupee of Chinese Yuan and hold it for next 10 years, because they think its value will appreciate.
AHEM.. 10 Year $US Government Bonds are what now exactly??
Government bonds are certainly an asset class.
The interest on government bonds issued by the countries with the top rating is actually quite low these days (in some cases even negative) and I think people invest in these bonds for security they offer, rather than for the profit opportunities.
