Bitcoin : My Bitcoin Story (all started 7 years ago). I will remain faithful
I would like to share my story with my fellow bitcoin redditors. First off, I really appreciate this community. While I haven’t been on reddit extremely long, I have followed this subreddit since its inception and have learned a great deal of information from the truly great people.
I am a 27 year old male who journeyed into Bitcoin when I was 19 years old. I remember I heard about the blockchain technology and bitcoin by clicking the wrong video on YouTube (I have always been into consumer technology and LOVE tech gadgets… I clicked the video on accident for a suggested video that YouTube made for me on the sidebar). I was enamored by the technology, but to say that I understood what the hell I was listening to would be lying. I started to watch more and more videos and read more and more articles about Bitcoin. It boggled my mind that this existed… I read that it was used mainly on the dark web, which led me to research about a side of the internet that I had no idea existed (I’m sure some of you pictured that iceberg meme showing the internet that we know as the tip of the iceberg and the remaining part of the iceberg as the deep web). While I was not interested in utilizing the deep web, Bitcoin and the blockchain technology made me believe that this could be a huge gamechanger to the way things are paid for in the future. I was sold, I had to support this technology, but how, I had no money! I was always good at saving my money, I had worked as a lifeguard from the age of 15 years old in the summer time and worked odd jobs while school was in session but my parents not only instilled in me to be responsible with finances, they also taught me that life is what you make it and that there are no handouts in life. This is something that I really appreciate and made me the man I am today…but back to the story…I had spent the money I had saved up because unfortunately, literally a month prior, was in a car accident and had paid for the damages to my car and we did not go through insurance so I paid out of pocket for the bumper and left tail light for the other car….. what car you ask?…….. a fucking 2009 Ferrari F430 who stopped dead in the road and I did not have enough time to react. You cant even understand the fear that I felt in that moment.. I thought I would be screwed for a very long time to come, but luckily had enough savings to pull myself up and not ask for a dime from my parents.
Anyway, since I had no savings now and really wanted to support this technology, something I became so passionate about .. I had to ask my parents for help.. I spoke to my mom (she made the final decisions in the family, my dad would always say “ask your mom”) and pleaded with her to just loan me a couple thousand (I know, ballsy, but I truly believed in the tech).. I begged for weeks and tried to explain what bitcoin was and how this is the ground floor of the technology and I really want to be in it, not to make money, but to support this change . I remember I kept saying that no one knows what bitcoin is in the mainstream media but it is like when the internet came about and was available for the average consumer but no one really knew what it was. My mom said, I dont know what you are saying (I am very bad at describing what things do) but life has no handouts, if you want this, work harder and use your money so you do not owe anything to anyone in this world. Which thinking back on it, it was rather harsh.. they could have given me a few dollars but I digress. I spent that year working my ass off, after all was said and done, I only had about $3,000 to buy bitcoin with but it was enough!!! I was excited and finally able to get my bitcoins, by the time I got the money to do it (I could have just bought periodically, but I dont know, I wanted to have money to buy all of them in one shot, a mistake, but whatever) a bitcoin was worth around $13.52, I was the proud owner of about 229 bitcoins. Which seems like a ton now, but it seemed very little at the time to me but I was in the game.
I feel bad for whoever is reading this long thing, so I will start to wrap it up and let you know how things unfolded. I was a huge believer as I previously stated and I was not in it for the quick buck because that was even in the cards then, I bought bitcoins to spend them, to use them as I should (not that I am against people who just invest to make money, but I do believe that you should believe in the tech and now just a get rich quick scheme). I spend bitcoins to buy things that I needed for college and fun things, keep in mind, I spent bitcoins for less than the value that I paid for them since the fluctuations were serious. Then something happened, an illness in the family, not my immediate family, but my friend who I considered a brother…this was around the time bitcoin was at around $600.00.. His family did not have the means to pay for a surgery that was needed and I honestly thought it was a no brainier to fund the surgery. At the time, pretty much all of the bitcoins were used to pay for the surgery. He did not make it, unfortunately… The parents have offered to pay me back and they have given me some money back (I dont have a high paying job but I am comfortable) and I told them that is all that I needed, they do not owe me the whole amount. I just realized I am wayyyy off track with this as I basically used this as my journal and forgot this was going on reddit. Sorry to be a downer but I figured I would keep that story in as it has made me re-think the most important things in life. The most important things in life are time and to do and support something you believe in. I have 2 bitcoins in my ledger and have spent money for other altcoins for the technology that they bring to the table. I am not saying all this to make you feel bad for me, you absolutely should not and that is not what you should take out of this post. I am incredibly lucky to still be a part of supporting such an amazing technology. I would do everything all over again if I had to. My goal for 2018 is to put more of my money up when I have it. Bitcoin is not dying, Bitcoin is more alive than ever. Just look at the media… we are in the WSJ almost every freaking day, if you would have told me that in 2011…. I would have said….. it’s about damn time. It is every one of you that makes it possible for it to live, whether you are using it to become rich, or using it to pay for things… you are supporting this. My advice for those just investing to get rich, please take the time our and do the research to learn the positives that comes with Bitcoin, they are extraordinary. Again, this post was not to feel bad for me, although, reading this post back now, it definitely got a little off track, but these stories were to portray my unwavering belief that Bitcoin will become so normal as the years go on and this is because of what it can offer.. trust the tech, trust the math.
TLDR- Bitcoin has changed my life. Please understand the technology behind it and you will remove all doubts. It is not if bitcoin becomes the preferred payment method in the world, but when. Time is the most important thing we have in this life, give bitcoin the time to flourish… believe me it will.
Edit- for those wondering why I didn’t go through actual insurance… I was under my parents insurance and did not want their insurance to go up. Believe me, I know now what I should have done. I didn’t want the cops to come and for my parents to find out. I was a stupid kid. Made mistakes, but you’re totally right, it’s ridiculous when I think about it now and how much it would have saved me
Bitcoin
Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority.
FindCrypto scans the web for the latest Bitcoin news, so you can find all the latest and breaking news in one convenient location.Author: thecommontheme
Score: 8
Don’t forget to share the post if you love it !
