• My Bitcoin Pitch

MyBitcoinPitch by Sven Grensemann (PostRaise)

Updated: Nov 26, 2019

"How would I explain Bitcoin to a taxi driver? I would ask him to think whether he likes the idea that his currency, e.g. euro, in 5 years time will probably be worth over 5-20 % less, which is caused by inflation and also by negative interest rates which are affecting his account at the moment. I would also ask him to consider an alternative. Such as Bitcoin - which is limited supply, only under 21 million Bitcoins will ever be produced.

In the last 10 years since it's been in existence it has gone from virtually nothing to market cap of something around 30 billion, and there's been much higher than that.

You can also buy a small amount of Bitcoin. You don't have to buy a whole Bitcoin. Currently it's about 70,000 for a Bitcoin. And it's something that will retain its value when we have massive inflation in the not-too-distant future. It is also outside of the current monetary system, so you might consider owning some Bitcoin."

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