NEW: Video link added to the bottom 12/14
NEW: Second video link added to the bottom 12/15
Haha... two secret posts in a row. I have a mental list of stories I want to write here, and somehow this one had slipped off of it. Luckily, a UT Grad who goes by "The Reel Deal" posted a comment reminding me about the story. So here it goes, with a little history first.
I never thought I'd go to UT (The University of Texas, not Tennessee). Ever since I was in middle school, I always knew that I'd go to MIT - it was where the smart geeky people went, and I was one of them. When it came time to do applications for schools, I mailed two of them. One for MIT and one for WPI, a lesser known technical school in Massachusetts. I had abysmal grades, due in a large part to my refusal to do most homework and having never actually studied for a test. I always thought it was interesting to see how much of the material I'd naturally retained. Let's just say it usually wasn't over 80%.
In 2009, probably within the first couple months of its existence, I downloaded the Bitcoin client and began mining bitcoins. Back then it was really easy-- you could get hundreds of Bitcoins per week for free, but they weren't worth anything. Not wanting to waste my time, I deleted the Bitcoin client, and any bitcoins I had mined went along with it.
Last March I thought about Bitcoins again and decided to check up on them. As I read about the progress that had taken place in the preceding years and learned more about the technical aspects of Bitcoin, I was blown away. This is going to change the world, I thought.
So I bought a few when they were around $30 a coin, a few more at $80, and then again at $110. I'm not a Bitcoin millionaire or anything awesome like that, but percentage-wise, it's the best return I've ever gotten on anything. In case you don't fanatically check the price like I do, it's at around $825 per coin as I write this.
I'm going to write the rest of this blog post to explain why I think it's important that you buy some Bitcoins, but take it all with a grain of salt. I do know a fair amount about Bitcoin, but I don't know much about investing or, more importantly, your financial situation.