In 2018, at an internet company, a post-95s employee in the same department became obsessed with Bitcoin.
Back then, others were not very optimistic about it either, but he had his own reasoning:
"I just graduated two years ago, and with this 50,000 yuan, buying a house is too far off, not enough to buy a car, and I can't spend it on food and drinks, putting it in the bank will just devalue it. At my age, I'm not in a hurry to save money, because my monthly salary of six to seven thousand is just the start of my life.
In a few years, my monthly salary should be over ten thousand, and this 50,000 will not be much by then, so I might as well invest it.
The stock market and funds don’t fluctuate much and require time to monitor, and I don’t have time to play games every day to keep an eye on them.
So, I decided to buy all Bitcoin. Anyway, I can't understand the stock market's ups and downs; it's all guesswork, so I might as well go big."
That year, Bitcoin was around four thousand dollars; this guy bought less than 2, then went to work as usual.
By 2020, it had doubled. If he sold his Bitcoin, it would be around 100,000 RMB, but he didn’t sell.
This year, he heard it has increased tenfold; the 50,000 RMB from 2018 has turned into 700,000, yet he still hasn’t sold, saying it’s still not enough for a house. When asked what if it drops, he says it doesn’t matter; anyway, he hasn’t bought more since then, as long as it’s more than the 50,000 RMB from back then. He goes to work every day, smoking and wearing clothes similar to before, and still eats 15 yuan takeout for lunch.
If he had to say, it’s that he feels working has become meaningless; working hard for a month only earns him 10,000, while the ups and downs over there change by tens of thousands. In between, he found a girlfriend but didn’t tell her he has more than one Bitcoin, probably afraid that one day it will lose its value. Perhaps earning six to seventy thousand in over two years doesn't count as real wealth.
But it should also reflect the mindset of many young people, who understand this is windfall money, and it won’t change their life direction significantly.