When I first bought an RV to live in last year a lot of people thought that it was a phase I would quickly snap out of. Part of me thought the same thing. Would a move from a 2000 square foot condo to a 100 square foot RV be bearable?
As it turned out, it was more than bearable. I loved it. When I left the country to travel, I sold everything including the RV I loved so much. Seven months later, back in Austin and faced with the proposition of finding somewhere to live, the decision was simple.
I wanted another RV, and it had to be even smaller.
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.