How My Chinese Ancestors Taught Me to Invest in Bitcoin

I am a second generation Chinese American. Recently, my parents visited the motherland. They brought back something that furthered my belief in Bitcoin.

My great grandparents (deceased) were wealthy landowners. Our family clan was powerful and prestigious, they had dozens of servants and lived in a huge family compound in the countryside. They were the 1%. Then the communists took over. They ransacked the compound and took everything of value and redistributed the farming land. Almost overnight my great grandparents were reduced to peasants. However, they did manage to save a small amount of their wealth in silver dollars which they had buried in the ground and hid for decades before passing on to my grandparents, who recently passed them on to my parents.

These silver dollars, a few ounces worth a couple hundred dollars today, are the extent of my great, powerful, wealthy ancestor's legacy. I can't help but think, if only they had Bitcoin! Bitcoin is the ultimate in hard, portable wealth. Bitcoin is better than silver and better than gold in that it can be stored in your mind. Like silver and gold it's even more easily transported, across oceans if need to be.

Personally I store my wealth in BTC, a small amount in other cryptos and a small amount in gold. The lesson I took from my ancestors is that hard, portable assets are the only things guaranteed to be passed down to future generations. Everything else can and will be eventually taken from you or your descendants.