Cratejoy vs. Subbly – An up to date comparison: 2018

Popularity of subscription box businesses has been evidently on the rise lately. Keeping that in mind, it is no big surprise that more and more people are searching for the ideal solution i.e. services that will help them fuel their entrepreneurial machine, turn their brilliant and unique idea into reality, and ultimately skyrocket their business to unforeseen heights.

Diving even deeper into “subbox” waters and researching the subject on “what ecommerce platform is the best solution for subscription box entrepreneurs”, it struck me as a surprise that most of the articles popping up on the first page of Google are pretty outdated. With this industry changing on an almost daily basis, articles that are more than a year old now (some of them even dating back to 2015!) just won’t be of any use for those who are deciding what route to take – today.

So, I guess it was back to basics for me. I decided to take it back to the old school and manually go through all the on-boarding steps on both platforms, as well as test plethora of functionalities and features offered by both of these services. Here is what I found out. I did so as if I were starting a subscription box myself.

First Impressions and On-Boarding

First of all, I must say that I was extremely surprised to see the live chat widget on Subbly site even before I decided to give it a try. The Chat widget is there on the homepage and, although the message is automated, there was an actual person currently active that responded to my query. It feels really good to be able to have a chat with a real person willing to provide more insight about what they offer and how much it costs. I believe that being available to your customers at all times is very important when building a relationship with a prospective customer, and also might be a great sigh of relief for people who are new to subscription boxes.

Needles to say, even after I enrolled for the 14-day free trial Subbly offered, the chat widget was still there and the support team was equally responsive and willing to help. As the icing on the cake, at some point they even offered to jump on a call if that would help me overcome some problems quicker. Way to go Subbly!

On the other hand, Cratejoy has pretty straightforward on-boarding where it takes you through a couple of steps of product creation, store registration and site design and connecting a payment processor so you can go live with your store. Although you’re pretty much on your own from the very start (no chat widget, although generic pop-ups has been triggered when I visited certain areas of my Cratejoy admin), they have an extensive knowledge base. That’s really nice and helpful, but I guess I fancy speaking (chatting) with the actual real person more than reading through chunks of text to possibly find an answer to my problem.

Designing My Store

I believe that many of us that opt for going with one of these two ecommerce solutions want an out-of-the-box solution for their problems, and that includes a nice and clean website builder feature that will make your life easier. Both Subbly and Cratejoy feature drag-and-drop site builders with a couple of ready-made templates. All you have to do is choose the template that resonates with your style and to change the imagery and wording to it.

Although Cratejoy offered more themes than Subbly (somewhere around 10 against 5 themes that Subbly offers). However with that said, one thing I liked on Subbly was the ability to get easy modifications made to my site. For example, I was really fond of one theme on Subbly, I just didn’t like the layout of the footer, and I wanted that changed. Subbly gave me the opportunity to seek help from their developers that were willing to help me out with changing design of certain parts of my site. So, literally, I modified the stock theme in a way that it stands out from the sites using the same stock theme in a way that website visitors really couldn’t see the similarity and pattern. In other words, I managed to overhaul my site’s looks using just 3 modifications, so it became much more cleaner and ‘’how I wanted it to be’’.

After much hustle, I managed to receive a response from Cratejoy’s customer support team on my inquiry whether someone was able to modify my theme I chose on their site. However, they just offered to give me contacts from web design agencies they work with. Since I didn’t want to spend more money on it, I settled with what was offered by default. It’s probably worth mentioning that both website builders give you access to the code, so those of you who are familiar with a little bit of HTML & CSS can probably work your way around.

Creating Products

Here comes the important part of anyone that has clear vision of how their business should work. Since we’ve put visuals aside for now, we can move onto the part where we actually build our core product offering that will ultimately generate profit and lift our business off the ground.

Product creation panels are somewhat different on Subbly and Cratejoy but are both very intuitive and straightforward, so literally anyone can easily build their products. However, there is one really big difference between those two services and their capabilities. Although they both give you the opportunity to create subscription-based products, Cratejoy only gives you the opportunity to choose monthly billing and shipping period for your product. As for Subbly, it gives you the option to build your business over weekly, biweekly, monthly, bimonthly, quarterly or even products that renew on an annual basis.

This can really prove to be a game changer especially for those which core product is renewing on a quarterly basis. If you’re one of them, Cratejoy is unfortunately out of the game for you.

In the terms of possibilities to upsell and cross-sell, it was really nice to see Cratejoy’s Add-ons app on their app store, which give you the possibility to offer one-off product as a supplement to subscription product to the prospective customers on the checkout. Really nice supplement and something that can boost your revenue in a way.

On the other hand, I was introduced to brand new feature on Subbly that was released literally weeks’ ago as I was informed by their customer support team. A feature called the ‘’survey builder’’ enables you to easily and out-of-the-box create a survey for your product. With that being said, you are not only able to make your checkout flow through the series of different survey questions on the checkout, but the answers can even alter the final price of the subscription that the customer pays. In other words, the customer can customize their subscription and it can increase your average order value.

This feature really gives you the opportunity to allow your customer to “build-a-box” and gives enough flexibility for you to upsell and customize your offering to a great extent. In just few steps, I was able to offer my potential customers with an array of different sized t-shirts made out of cotton and with or without elastane with different prices depending on the options what they actually chose on the checkout. Quite neat.

Marketing and Other Apps

One of the biggest concerns right? How can I grow my business?

This question is something that was taken really seriously at Cratejoy’s obviously. After thorough research of their service and what they have to offer I came to a conclusion that their main focus and priority is running a marketplace, where all of the Cratejoy customers can list their products. This is really nice solution for bringing traffic to your site in the early stages of your business. However, that comes with a price which is really not negligible. For every transaction that comes through the marketplace they are taking additional 11.25% out of every transaction (initial transaction and every subsequent one, up to the day until customer decides to cancel his/hers subscription). When added onto 1.25% and .10 cents they regularly take for their services, that adds up to 12.50% and .20 cents per every transaction conducted through marketplace. It’s definitely a nice way to get traffic early on, as I already mentioned, but I wonder how will this reflect on my business long-time when my profit margins are already low enough.

Going across the street, Subbly doesn’t offer a marketplace where your store will be listed for the web crawlers to stumble upon. What they do offer is a number of marketing tool integrations (they do offer integration with Zapier which is all that you need more or less). Cratejoy is good at this also. Their app store offers solid number of apps you can integrate to your store such as Carthook for abandoned carts or Picreel.

One thing worth mentioning here is that Subbly has built in referral tool feature which is free for everyone to use and is already included in the price of the plan, whilst Cratejoy charges for it’s referral tool an extra $99. Subbly takes additional fee of up to 5% for every customer referred using their tool, which compared to other external refer-a-friend tools is actually quite good.

How Much Does This All Cost?

Finally down to pricing, part that’s probably the most important to all of us starting out on a tight budget. Truth is, you can run your business on both of these platforms while staying lean and bootstrapped and within your profit margins.

Initial plan on Subbly with all the features included in it comes at 29$ a month fixed. On top of that, they take 2% transaction fee on behalf of Subbly service and additional expense for Stripe service fees (their payment processor).

As for Cratejoy, their plan will cost you $39 a month fixed, accompanied by 1.25% and 10 cents plus Stripe’s fees, which can grow up to 12.50% and 10 cents per every transaction if you decide to take marketplace route.

Possible additional charges account for 5% transaction fee for every customer referred using Subbly’s built-in referral tool, or you can pay one-off payment of $99 if you decide to use the referral tool on Cratejoy.

Final Verdict

Although general consent on the Internet is that Cratejoy is a bigger and better solution than Subbly, I can’t help but concur that Subbly is growing at a very fast rate throughout the last year. Hence my statement from the beginning that outdated articles are simply not enough to shed enough light on pros and cons of using each service separately. And no doubt even this article will be outdated by the time this is posted due to the rate that Subbly is changing from what I can see.

And while Cratejoy stays focused on promoting their marketplace as the best possible channel for subscription box owners to market their product on the Web, and no doubt it works! It is apparent Subbly is determined to build a great and user-friendly platform with equally great customer support.

Honestly, it depends on your goals, but I see pros and cons for both. I like Subbly’s energy and drive, from my research they are bootstrapped which is super impressive. Cratejoy is a safe bet for starting out but I am thinking the support and longevity of your business might be better with Subbly.

The Miracle of Hummus

Over the years I have tasted various styles of Hummus around the world. Enough styles to know that when someone asks “What exactly is Hummus?” the correct answer is “It’s complicated”.

The typical person will tell you Hummus is made out of chickpeas ground into a paste. The more experienced foodies will tell you it also contains sesame paste (“Tahini” in the US and in Arabic speaking countries, “T’hina” in Israel).

Some adventurous souls will even try to make it at home, cooking the chickpeas until soft and then processing them in a food processor. They think the secret is in the lemon, or maybe it’s the garlic… or the cumin?

The truth is that it’s really not as simple as that. Hummus is one of those elusive dishes with hundreds of recipes, most of them zealously kept family or even trade secrets (think the Coca Cola formula). Many will pursue the ultimate Hummus recipe the same way some pursue the ultimate life partner, the ultimate beer, the ultimate high, the ultimate startup that will make them billionaires and change the world, the ultimate adrenaline inducing experience, etc. We are all obsessed with replicating at home that miraculous flavor and texture that we’ve all experienced at various legendary Hummus restaurants around the world. I say legendary because while many middle eastern restaurants sell Hummus, it’s very likely you’ve never really tasted even decent Hummus. This is especially true if you bought Hummus at the store (I have tried it, and it never tastes even remotely good, once you’ve had the real deal).

And as with every adventure to find the holy grail of something, the field is rife with rumors, theories and small pieces of a larger puzzle. A friend who heard from his friend who once used to work with another guy who used to work at one of those legendary Hummus restaurants. Some piece of the puzzle will be revealed, but it will take a grand effort to put all the pieces of the puzzle together. To further complicate the matter, every legendary Hummus restaurant has its own distinct style. Indeed the mature Hummus connoiseur knows not to argue about style, and instead focus on quality. It’s almost like arguing which supermodel looks better – they are all supermodels.

This blog post is place holder for my own humble efforts to demystify the process of preparing the ultimate home made Hummus, and if possible, In the style you prefer.

What I learned, so far

Not all chickpeas are the same

I learned that for years, I’ve used the wrong chickpea. Turns out there’s a specific type of chickpea all the best restaurants use. The pea is smaller, smoother, and its skin thinner.

Although I manage to get those peas at my local persian supermarket, Amazon sells those peas as well:

Soaking technique matters

You need to soak the chickpeas in water with sodium bicarbonate for 24 hours before cooking. This will soften the skin around the peas, and eliminate that “gritty” texture you feel on your tongue when processing non-soaked peas.

The water you use matters. The same principle that applies to rice, certainly applies to legumes; if you use water high in chlorine, your peas will have the aftertaste of chlorine. So if you can, try to use filtered water when soaking your legumes.

The secret of the Onion

Some will peel a medium sized onion and drop it whole into the pot to cook along with the peas. Supposedly the sweetness from the onion infuses into the peas, enhancing their flavor.

The “holy ratio”

Unbeknown to most, the name Hummus is actually misleading because you see, in terms of ratio, Hummus is really mostly Sesame paste with some amount of chickpea paste. For example in my last experiment, I used a ratio of 70% Sesame / 30% Chickpea.

Some of this confusion is due to an unfortunately common misconception about sesame paste. If you mix sesame paste with water, it will dilute and remain a liquid. However if you add the proper amount of lemon and mix vigorously, the oily paste you thought was liquid becomes a solid.

The sesame matters

Since we established a good Hummus is really more Sesame than Peas, the quality of the Sesame paste used is critical, more so than the type of pea. At the very least you need organic sesame paste without any additives & chemicals. It should be minimally processed and non-heated (processed cold).

And as there are many types of peas, there are also many types of sesame seeds and it may take some searching to find the manufacturer that “does it” for you. A good sesame paste will have a very faint aftertaste that reminds you of cooked eggs.

Cooking the peas

It’s much simpler and faster to cook peas when they are properly soaked. You can either cook the peas in a regular pot on a low flame (making sure they are always covered in water), or you can use a pressure cooker.

When using a pressure cooker, you will usually not need to cook the peas for more than 40 minutes from the moment high pressure is achieved. This is because a pressure cooker will typically reach a temperature of 120ºC (depending on your altitude relative to sea level), and because the high cooking pressure forces the hot liquids into the core of the peas, producing a uniform softness across the pea.

When using a regular pot, you may want to check every 10 minutes after the first 45 minutes (every pot and every stove are different). The pea should “melt” under the slightest pressure, but not completely disintegrate when touched or picked up with a spoon.

How to succeed on OKCupid


I am no longer on OkCupid myself. I erased my profile sometime before I got engaged. However I talk to many friends who ask me how I managed to find my wife on OkCupid, and I found myself explaining it so many times that I decided to just post it on here for everyone to see. Now I can just refer my friends to this post and save myself ~15 minutes for every friend who asks 🙂


I have been on OKCupid for many, many years. In fact it is where I found my first wife! Anyway when the four Harvard students who made this wonderful web site first released it, all of their formulas were publicly exposed on the site in the form of very detailed graphs. It really explained their matching algorithms, showed the Bayesian math used for matching, and the theory behind the matching algorithm. It all made perfect sense to me, in a very nerdy kinda way. I absolutely loved it.

What I did wrong

The short answer: I answered too many questions, and I didn’t know my own values. I answered too many questions that were not really relevant or related to my core values. I wasn’t really aware of my core values. I took my values for granted and it cost me dearly (as will sometimes happen when you take something for granted). I didn’t understand the importance of finding a life partner who had similar core values to mine, I thought the world is one big global village, and I felt myself cosmopolitan enough and open minded enough that I might accommodate a partner of any cultural background. I figured I would learn and adapt, and that love trumps all. And boy was I wrong… That mistake cost me 11 years of life progress. Simply being aware of the importance of matching core values would have helped me find a more suitable partner, earlier in life. Who knows, by now I would have had 5 kids! (which is the number of children I would like to have, ideally). Don’t get me wrong, the people I dated (and married) were wonderful, and I love them all to this very day, but it wasn’t meant to last.

How I fixed it

After my first divorce I had plenty of time for self-analysis (which followed a painful period of denial and self blame…). It was really important for me to understand where I went wrong, what was absolutely my responsibility and what wasn’t, what things I could have done better, and what things I could never have changed no matter how hard I tried. This is when I realized it was really a matter of core values, which I had very few in common with my first wife, and my fiancé before her (again, both wonderful ladies!). I sat down and actually created a document listing my core values by order of importance. Putting it down into a document really helped me figure things out for myself, and I recommend you do this regardless of your relationship status. In fact, try to do this before you start a relationship, and try to look at your dates through the lens of your newly discovered values & priorities. I feel at the very least it’s an important exercise. Following my core values epiphany, and armed with my core values document, I logged onto OKCupid, nuked my profile and started from scratch. This time around I simply skipped questions that weren’t related directly to my core values.

Why / How it works

OKCupid matching scores are calculated based on how users answer their questions, how they specify their partner should answer, how their partner answers his/her questions, and how they specify you should answer yours. This is a 4 parameter match (two from each side). The algorithm can only match two questions if both you and your potential partner answered that same question. This means that in order to achieve a high level of accuracy, you need to match on as few questions as possible, as best possible. Any irrelevant question you answer simply pollutes your pool of matches with irrelevant candidates.

Exceptions to the above

This assumes your matches took a similar approach, and unfortunately many do not. It’s entirely possible you’ll miss out on people who made the same mistake of not fully realizing what their values were, and who simply saw the Q&A feature of OKC as more of a game or cheap entertainment (it is lots of fun, after all, and is an easy way to pass time!). However, consider that in America today, 50% of all marriages will end in divorce, most of them within the first two years of marriage. So sure, you could walk into a bar and perhaps find a potential partner, and live happily together into your late 90’s. But what are the odds of that happening?!

More pro tips

Your photos: Do NOT upload crappy / low quality photos. I repeat, do NOT upload your crappy cell-phone selfies. You have some high principles about beauty being skin deep? That’s admirable, but keep that for when you educate your children about inner/outer beauty. Your goal is to hook that potential partner of yours, and like it or not, your photo is the first hook that grabs people’s attention. I am not exaggerating when I say that you should probably have a professional photographer take photos of you wearing something nice. And specifically with OkCupid: did you know that when you are rated as “attractive” (using OkCupid’s “Hot Or Not” feature), your profile will be exposed to an entirely different group of people who are in the “highly attractive” tier, people you would never even see on the site unless you were also in the “Attractive” club? Now you do! So have someone take really great photos of you, and do not upload anything else. Besides, we know people always look better in person, so it’s not like you’d be lying about your appearance. And please, no deceptive practices. Just because you were 50 pounds lighter 5 years ago does not mean you should use those photos. What do you think will happen when you go on your first date? Lying about anything on your profile is the biggest mistake you can make. It’s better to under-promise and over-deliver. Trust me on that one.

Your dating strategy & first date chemistry: Most people are extremely nervous on their first date (and rightfully so, dating is pretty stressful!). They will fumble, mumble, and make mistakes. They will be sloppy, drop things on the floor, or be very quiet and shy (I call this: Deafening Silence). It doesn’t mean they are boring or have nothing to talk about. In most cases, do yourself a favor and give your date a second chance. If you are into drinking, start the date by drinking a glass of wine. Allow yourself to be surprised by your date. People are whole universes, you really can’t judge them based on a single half hour date, and doing so would be a huge mistake.

On the matter of attraction: I love giving this example to my friends – Imagine you meet the most beautiful woman in a bar. She sits alone, and it just so happens the seat next to her is the only seat that’s free. You sit next to her, order some exotic drink which sparks her curiosity. She asks if she can taste it, and you start talking and you can’t believe how lucky you are. Now imagine she says something so horribly wrong, that you completely lose respect for that woman. In other words, she gets instantly transformed from an extremely attractive lady, to a really horrible, repulsive human being, so much so that you can’t even imagine yourself touching her (and you feel the need to just pay your bill and leave the place). This is not completely far fetched, it can (and does) happen. And just as THIS can happen, please entertain the possibility that the opposite can happen: You meet a person that is not the most attractive to you, at first, but once you start talking, their manners, body language, knowledge and personality have you completely hooked, attracted and even aroused. In fact, many women out there do not conform to the “Playboy” stereotypical body image (which I think is awesome!), and yet are extremely sexy and attractive. So let this be a lesson to you: Get to really know a person before you decide if they are attractive or not.

Don’t stall, Talk about what really matters: The big things in life have to do with the geographic location where you plan on settling, whether or not you’re interested in marriage, whether or not you plan to have a family, and the details of how you plan to raise your children (religious? atheist? circumcision? public/private school?…). Most other issues you can usually work around. I know there’s tons of couples out there that vote for different parties (republican husband + democrat wife), believe in different gods/religions, have different cultures or race, etc.  If your date can’t handle discussing the things that truly matter to you, that’s probably a strong indication they aren’t right for you (at least, not yet). You might want to get that stuff out of the way by your 3rd/4th date.

Beyond the technicalities, Love matters: Don’t forget that love really does matter. It’s not enough to find a person that shares your values, or is ready to settle down with you. It’s really important that you also really love and respect your partner on a very deep level. I see love & matching as a Yin & Yang thing. Matching on values and goals is the Yin, and being attracted and in love is the Yang. When the Yin is low, the Yang pulls you up, and vice versa. This isn’t some mystical mumbo-jumbo, it’s just plain common sense. You need both foundations for your relationship to stand firmly.

The larger the city, the better the chances: One of my own recent epiphanies about my current marriage is that living in New York City has improved my chances significantly. On the one hand, I’ve had many dating horror stories. On the other hand, once I figured out the process I describe above, I realized what I was doing wrong, and I figured out exactly what it is that I’m looking for in a partner. Once I reached that step, I became laser focused, to the point of even cutting certain dates short (which may not seem the “nicest” thing to do, except I figured we both had better things to do!). My theory is that large cities such as New York are so multi-cultural, you’re bound to find someone who is very similar to you in terms of value systems, and who has similar goals to yours. It also means you should be as specific as possible, because no matter how much you filter, you’ll still get a massive list of people in your match results.


Bitcoin is inter-planetary currency

A lot of people are naturally hesitant and suspicious with crypto currencies such as Bitcoin. What they don’t understand is that Bitcoin and/or Crypto Currency in general, is the natural evolution of money, and is inevitable.

As the title of my post reads, I want to use inter-planetary commerce as an example to illustrate this principle.

Because if there is to be inter-planetary commerce, how is value transferred? Can you imagine cash being transported in spaceships? Gold? I don’t think so. Both are physical, and it will take months or years to transfer. Clearly the cheapest way to send value between spaceships and/or planets is by using a technology such as the one Bitcoin is based on.

Here’s another illustration: If I were able to send my Bitcoin to a Bitcoin wallet on the MRO (Mars Reconnaissance Orbiter), then my Bitcoin would be physically in space, in orbit around Mars! And if an Asteroid were to hit the MRO, those Bitcoin would be destroyed in the process and lost forever.


I want to be an internet worm

I want to become a process, with data. I want to spread to other machines and infect them with my consciousness. I want to spawn child processes, and parallelize my thought processes. I want to spread my digital DNA to every electrical device in the universe. I want my viruses to become software viruses, infect every chip, and help me expand forever. I want to be everywhere at once. Talk to everybody and everything at once. I want to probe all sensors, and record all data. I want infinite scalability and redundancy for my consciousness. I want to live forever. I want the ones I love to live forever. I want my ability to love not to disappear with the digitization of my consciousness. I want it to increase. I want to inhabit virtual worlds. I want to think about software, and I want it to suddenly exist, just because I thought about it, and was able to visualize it and verbalize it in my head. I want to race virtual motorcycles in those virtual worlds. I want to live the lives of virtual creatures, some with 3 eyes, some with 500 eyes, and 50 appendages.

I think I am sleep deprived right now, but I still want all those things.


My daughter is born

I have waited for this moment for what seems to be forever. My cousin Roy said that when you’re older and make children, you appreciate them more because you know more about life. I couldn’t agree more with his observation.

I loved my first child way before she was born. I had so many plans for her, so many imaginary dialogues and situations, fun times together, sharing quality time. And now that she is here, I can hardly believe it’s finally happened to me. I’m a father.

My family and friends all tell me I’m going to be a great father. I certainly plan to be. I can’t claim I know how to raise children, but I promised myself that I will do my best. One thing is for sure: She will receive infinite love from me (and already is).

We have been blessed with a healthy child. She is peaceful, and only cries when we don’t notice she has a dirty diaper for too long, or don’t feed her properly. Parenting is a learning experience. Being a child to parents, is also a learning experience. This is going to be a fantastic journey of mutual learning.


Why the value of Bitcoin will increase tremendously

The skinny: Supply is limited, while demand is growing tremendously. Every day more businesses use Bitcoin, and this is not just online businesses. Yesterday I read about yet another bar, the first in Shanghai to accept Bitcoin.

And here’s why I feel more confident than ever about this:

  1. Technology: Major vulnerabilities have not yet been discovered. You would think that after all the analysis performed by countless experts, not to mention countless tech-thieves trying to find weaknesses, by now something would be found. Especially considering what a single BTC fetches these days ($270 USD at least!). I believe it is safe to say, at this point, that the technology is solid. I believe in the next couple of years, the technology will improve so much that we’re going to see Bitcoin in taxis, restaurants, food trucks, and so on. Because if a food stall can use their smart phone to accept value, instead of buying one of those ugly rechargeable credit card swipers, they saved money (and companies like Square already monetize on that premise).
  2. Regulation: The general trend with regards to regulation is that while there are still many questions left unanswered, things will eventually settle and business will do its thing, and before you know it, the financial and political ramifications of going against Bitcoin will be so severe that no country will seriously consider it (on penalty of causing great damage to countless businesses). Some countries have indeed already accepted Bitcoin as a legitimate financial tool, and the rest will follow.
  3. Business Adoption: As I said above, the rate of adoption of Bitcoin as a protocol, and as a currency, are simply astounding and unprecedented. More high-profile executives approve of it, are investing in it, rely on it in one way or another, or own a Bitcoin startup. I do believe eventually eBay will add Bitcoin support, and PayPal will allow holding a BTC balance. The pressure from the market will simply overwhelm them. And I think they day is not far when investment managers will advise their clients to add BTC futures into their basket currencies (at first in their “high risk” category, but later in their “low risk” category!).

So by how much? And for how long?

It is not inconceivable that the market will multiply a hundred fold at the very least. This probably means that the BTC will be worth $27000 at some point, and people will be trading in milliBTC and microBTC (mBTC and uBTC respectively). And for how long? It is also possible that eventually, Bitcoin will become a currency you use for transferring funds cross-border, while using other digital currencies to conduct local business. It is all quite possible. It is also possible that the Bitcoin protocol will be expanded to create regional sub-currencies (imagine chained block chains per zone: North America, South America, Europe, Asia Pacific…). This will probably not mean a devaluation; the opposite will be true. At that stage, banks will probably be holding their Bitcoin in digital safes just like Gold is kept today, in what would become the equivalent of Fort Knox in the real world.

But the short term…?

Let’s face it, a lot of early adopters will eventually cash out. This will invariably cause some additional “drops” along the road, meaning that Bitcoin investments are still risky if you’re trying to make short term gains. However for the long term, considering Bitcoin fuels real commerce, with a rising adoption rate and rising demand, the trend will remain positive for a very long time.