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Then came the . While Elias spent weeks in a state of mourning, the "boring" index funds he’d mocked continued to climb, fueled by steady corporate earnings and dividends. Bitcoin, meanwhile, entered a "crypto winter." A major exchange overseas collapsed, and the price plummeted 40% in forty-eight hours. why not to buy bitcoin
The neon hum of Elias’s home office felt like the pulse of a future he was winning. It was late 2025, and his screen was a jagged landscape of green candles. He’d just moved his entire savings—the down payment for the house his wife, Sarah, kept floor-plan sketches of—into Bitcoin. AI responses may include mistakes
"It’s an asymmetric bet," he told her over dinner, repeating a phrase he’d heard on a podcast. "The downside is capped at what we put in, but the upside is infinite." While Elias spent weeks in a state of
Elias realized that for most people, the "why not" isn't about the technology—it’s about the fact that life is volatile enough without your life savings being held in a digital asset that requires the perfection of a machine and the nerves of a gambler.
In a fit of tidying two months prior, Sarah had mistaken the etched titanium plate for a piece of scrap hardware from their recent shelving DIY project. It was sitting in a landfill eleven miles away. Without those words, the private keys were gone. Elias stared at his balance on the blockchain—$142,000—visible to the entire world, but forever untouchable. He was a millionaire on paper and broke in reality.