There are some things in life that you never want to admit doing:

  • Being really good at Dance Dance Revolution
  • Asking for a 2nd helping of dinner while flying on Economy Class
  • Buying bitcoin

I am very proud to say that I’ve done all three.

Wait. Lionel Yeo – Champion of Index Investing, Advocate of Boring Routines, Merciless Critic of BS Marketing – has finally caved in and bought crypto? What the heck is going on? Is the world coming to and end?

Ruuuh-lax. I bought some Bitcoin, but not for the reasons that you might think.

I’ve Never Really Liked Bitcoin

I first heard about Bitcoin way back in 2014. Back then, it seemed like a fad – an interesting idea put forth by technologists and geeks. Even when it started getting popular, I’ve always had my doubts. Crypto, to me, was just another bubble like the tulip mania