16-year-olds: Use Bitcoin as a store of value for future purchases instead of buying a car today

207 views · Published 15 March 2016 · 3:09 · Indexed 31 October 2026

Channel: BitcoinMeister · 2016 · News & Politics

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If you are a grown person or a 16-year-old you should not blindly save your money to buy a car ASAP. You should first buy at least 1 Bitcoin. If you are a grownup with a steady income stream then you can decide if you can really afford a new car. If you are a teen then you should try to go without a NEW car for as long as possible. In 2027 check out how much your 1 Bitcoin is worth and then maybe you will want to get a new car or rent a place in New York or SF.  The point of all this is that Bitcoin is a store of value that should protect you against dollar debasement and inflation. Do not make insane large purchases today just because people around you do and because it might seem "cool" now.

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