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Number one is property, to keep building that portfolio. For the time being, it’s under the family umbrella; we put into a family pool. I also invest in stocks, more in the India and US markets. The only regret I have is not getting into Bitcoin 10 years ago; I used to read a lot about it in the early 2010s. Of late, pretty much all my savings are going into that. I don’t think there’ll be an asset on the planet that will give a return like it will over the next decade or so. Bitcoin price ten years ago Bitcoin units. Each Bitcoin is divisible to eight decimal places. A millibitcoin (mBTC) is 1/1,000th of a Bitcoin. The smallest unit is a satoshi (sat), which is 1/100,000,000th of a Bitcoin.
However, Bitcoin’s momentum stalled and then suffered a dramatic collapse in mid-August, with the catalyst believed to be SpaceX selling off their BTC holdings. Inflation cooled down while interest rates remained high, encouraging investors to switch from holding BTC to holding treasury bills. Increasing scrutiny of the crypto market by regulators spooked many institutional investors, who have reduced their holdings in digital assets. What was the highest price for Bitcoin? The bet was set on March 17, but it was settled early. Srinivasan did not immediately respond to a request for comment about why he had paid out well before the 90-day term, but it appeared to be his way of making a point. “I spent my own money to send a provably costly signal that there’s something wrong with the economy, and that it’s not going to be merely a financial crisis, but a fiat crisis,” Srinivasan wrote in a blog post.
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