Skip to main content
San Francisco homeNews home
Story

This investment turned $50,000 into $23 million in 10 years. It’s still a buy.

Charlie Garcia

7 min read

In This Article:

Bitcoin can protect you against inflation and potentially enhance your purchasing power.

Bitcoin can protect you against inflation and potentially enhance your purchasing power. - iStockphoto

In life, you make things happen, watch things happen or wonder what happened. Don’t let your cash slip away unnoticed.

Throughout history, moments come when our basic assumptions shift quietly beneath our feet. Most people don’t notice until it’s too late.

Advertisement: High Yield Savings Offers

Powered by Money.com - Yahoo may earn commission from the links above.

Imagine two young fish swimming together. An older fish passes by, greeting them, “Good morning, boys. How’s the water?” One fish looks puzzled, leans toward the other, and mutters, “What the hell’s water?”

This analogy perfectly illustrates our relationship with our money. You’ve been floating cluelessly in a fish tank of government funny money for so long you’ve forgotten you’re all wet.

Every year, central banks crank the printing presses into overdrive, flooding the economy with more paper currency. Politicians treat debt as endlessly available, with no consequences. This is not capitalism. This is economic waterboarding.

And yet we accept it as normal, just as residents of a town that floods every spring casually accept disaster. They move their sofas upstairs, prop up their televisions and shrug: Flooding, to them, is inevitable. When a fresh-faced optimist asks, “Why don’t we just drain the swamp?” he’s laughed out of town — until someone suddenly realizes, “Wait, we actually can drain the swamp.”

That’s our money system. Instead of sandbags, politicians toss trillions of newly printed dollars at us, hoping we’ll float a bit longer. But each fresh flood of cash makes the problem worse.

MarketWatch Live: Home to the world’s top-performing currency this year, Russia cuts interest rates for the first time since 2022

Bitcoin BTCUSD is the grown-up choice in a world run by toddlers with credit cards. It’s not a Band-Aid or a “patch” or one more empty promise from a politician who’d lose money running a lemonade stand. Instead, bitcoin is stable precisely because no central banker can muck it up. Every minute you hesitate is another moment your wealth gets eaten by money-printing machines run by bureaucrats who think math is an inconvenience.