👁Why was the Rosetta Stone so important? 🧠Franziska Naether 🗣Subtitle: 🇬🇧English
👣For centuries, scholars puzzled over the hieroglyphs they found carved onto ancient Egyptian ruins, tablets, and papyri. But in 1799, a unique discovery would finally help unlock their meaning. It was a stone inscribed with three different texts: Egyptian Hieroglyphs, Demotic Egyptian, and Ancient Greek. Franziska Naether shares how scholars decoded the ancient message of the Rosetta Stone. [Directed by Tim Rauch, narrated by Christina Greer, music by Stephen LaRosa]. 🌐Page on TED.com
👁Why was the Rosetta Stone so important? 🧠Franziska Naether 🗣Subtitle: 🇬🇧English
👣For centuries, scholars puzzled over the hieroglyphs they found carved onto ancient Egyptian ruins, tablets, and papyri. But in 1799, a unique discovery would finally help unlock their meaning. It was a stone inscribed with three different texts: Egyptian Hieroglyphs, Demotic Egyptian, and Ancient Greek. Franziska Naether shares how scholars decoded the ancient message of the Rosetta Stone. [Directed by Tim Rauch, narrated by Christina Greer, music by Stephen LaRosa]. 🌐Page on TED.com
In general, many financial experts support their clients’ desire to buy cryptocurrency, but they don’t recommend it unless clients express interest. “The biggest concern for us is if someone wants to invest in crypto and the investment they choose doesn’t do well, and then all of a sudden they can’t send their kids to college,” says Ian Harvey, a certified financial planner (CFP) in New York City. “Then it wasn’t worth the risk.” The speculative nature of cryptocurrency leads some planners to recommend it for clients’ “side” investments. “Some call it a Vegas account,” says Scott Hammel, a CFP in Dallas. “Let’s keep this away from our real long-term perspective, make sure it doesn’t become too large a portion of your portfolio.” In a very real sense, Bitcoin is like a single stock, and advisors wouldn’t recommend putting a sizable part of your portfolio into any one company. At most, planners suggest putting no more than 1% to 10% into Bitcoin if you’re passionate about it. “If it was one stock, you would never allocate any significant portion of your portfolio to it,” Hammel says.
How to Invest in Bitcoin?
Like a stock, you can buy and hold Bitcoin as an investment. You can even now do so in special retirement accounts called Bitcoin IRAs. No matter where you choose to hold your Bitcoin, people’s philosophies on how to invest it vary: Some buy and hold long term, some buy and aim to sell after a price rally, and others bet on its price decreasing. Bitcoin’s price over time has experienced big price swings, going as low as $5,165 and as high as $28,990 in 2020 alone. “I think in some places, people might be using Bitcoin to pay for things, but the truth is that it’s an asset that looks like it’s going to be increasing in value relatively quickly for some time,” Marquez says. “So why would you sell something that’s going to be worth so much more next year than it is today? The majority of people that hold it are long-term investors.”
