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The hidden benefit of saving in bitcoin.

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It's been over a year since I decided to start saving via bitcoin. I've been buying as much as I can with whatever source of money coming in and have been consistent at it.

A while ago I was thinking that since I have been saving in bitcoin my net worth hasn't really increased at all, since the current price of bitcoin is below my average purchase price.

But in reality, inadvertently my net worth has increased tremendously. Before I got into bitcoin I was already disciplined with saving and always put away an amount from the beginning of the month. But it's just that actually, since I started bitcoin, I save a hell of a lot more. I am much less consumptive and I have become an "ambitious" saver.

That has a direct effect on my wealth, and that is that even though I am "at a loss" in bitcoin, I have more money than I would have had without getting into bitcoin because I had no incentive to save with that intensity.

This is actually the hidden benefit of saving more, not saving in bitcoin in particular. It's just that bitcoin makes it easier.


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