Savings, Childrens College Fund, Gifts To Grandkids
“Savings” is set-it-and-forget-it money (or investment). The cash or investment is put securely aside until a later time, with the expectation that when needed, it will be available (retirement, college, a major purchase, etc…). One of the factors in choosing a specific investment or account… it what “interest” or “increase” you expect your savings to accumulate over time.
Everyone has probably heard the story of how, if you had bought $1000 worth of Homedepot stock back in the beginning (1981)… that you would have become a millionaire. In reality you’d be worth over $11 Million today (because of stock splits and dividends). There are lots of other similar stories… Amazon, Google, Facebook etc. Lots of game changing technologies and companies have made people fortunes. The reason this is pointed out… is to make it clear that claiming something like this could happen with BitcoinSv is hardly a fantasy, or farfetched. Actually, with BSV it could be much bigger of a use case, and subsequently wealth explosion, than all of the other previous references combined. BSV will be GLOBALLY adopted and used in all aspects of business and finance. It can displace the Banking system, and the Internet, and the Cloud. That’s Big!!!
Buying just 1 BSV (or similar to the HomeDepot analogy – $1000 worth of BSV) and putting it into long term “Savings” Storage (read about “cold wallets” in the Security Basics Section) for your family Savings; in each kids College Fund; or in a Savings Wallet for your child or grandchild… might be something people want to consider NOW. BSV is cheap now. It is at the very beginning of it’s cycle. If you had a “magic time machine” and could go back to 1981 – would you go buy $1000 worth of Homedepot stock? Now THAT is a fantasy. The investment opportunity that BSV provides is real, now, today.
This would be a very good time to learn how to get some BSV.