The Bullhead and His Memecoin

2021

"You're such a bullhead, Jamie!"

"We could make a lot of money, Rosanna. Don't give me a hard time. And don't call me a fish."

"You want to chuck away our savings on Dogecoin, Jamie. You know nothing about trading and you're acting like a bullhead. Which I'm convinced also knows nothing about cryptocurrency!"

"Aww, don't be like that, Babe. I know this guy who made $25,000 in six months on a $5,000 investment. I want to do the same."

"Over my cold, dead body. I put money by for a new home study, Babe, not for speculation."

Jamie agrees to stay away from the cryptocurrency bull market. Rosanna doesn't believe him for a second, but he's an adult, so she has to give him the benefit of the doubt.

2002

A keen golfer, Jamie fancied himself an inventor. Rosanna thought his golf bag alarm key fob could hit the market running. Her sweet man did all the research, consulted a designer, made a prototype, found a manufacturer, and ordered all the casings and electronic gubbins from China. Then he decided he wanted to sell properties in Spain.

Admittedly, it had been her idea to move to Spain near her parents, who'd retired out there. Rosanna and Jamie had spent a few long weekends at her parents' villa and found the slower pace of life appealing. Driving to London five days a week was such a slog - they did have a good singsong, though. Especially when Robbie William's Angels came on the Alfa Romeo's stereo! Jamie could sing Neil Diamond under the table any day of the week.

The thirty-three-year-old woman's career as an operations manager made their lives comfortable. Jamie constantly referred to her as his rock. They'd met in a nightclub when he rescued her from some random guy on the dancefloor and she'd bought him a drink. Both of them were single, and after some ups and downs, Jamie moved into her house.

He had no formal qualifications or skills and a solid intention to fix the place up. In the end, he didn't need to finish most of what he started. House prices had soared. Jamie did what he excelled at and brokered a cash deposit deal on the doorstep one night. The couple launched the £10,000 into the air and sipped champagne to celebrate!

Their next house made them a profit of £5,000. Rosanna wanted her silver-tongued man to have some money of his own, so she asked him to look after it in his bank account.

A few months later, when she'd found their dream home, she asked him for the £5,000.

"I haven't got it."

He didn't even have the decency to look ashamed.

"What?"

Her face and shoulders slumped and a sick lump formed in her throat.

"I was bored. I lost it all online playing poker."

Rosanna walked away because she'd lost any words she might have dragged up from the pit of her gut.

To give him his dues, Jamie found a darling bungalow and paid the deposit and the rent. As a car salesman, he spent most of the time at the top of the dealership's sales board.

His invention reached the point where he needed to order the components to put in the casings. That's when the couple decided they wanted a Spanish adventure.

Jamie went out to start a new job selling apartments on a flashy golf course. Meanwhile, back in Essex, Rosanna discovered she had little desire to leave her career in London. She continued supporting Jamie until he sold some units.

The bottom fell out of the saturated Spanish property development market. Jamie returned home and focused on his key fob alarm.

He made a few thousand quid on his invention then went back to selling secondhand cars in Finchley.

Almost two decades later, Jamie decides to buy Dogecoin at $0.50. His mate had bought the joke currency in a bull market, it made sense at $0.06. A risk that paid off when he sold it, but could it happen again?

Two weeks after buying $10,000 worth of Dogecoin, Jamie's investment started losing value. Six weeks later, it had plummeted to $0.17. Today it is $0.25.

Jamie hopes Elon Musk's Dogecoin theory that proclaims the memecoin isn't a speculative asset but rather "Dogecoin is money" comes true.

Experts predict its value could go up to $0.42 by the end of the year.

Will he get their money back before he has to admit to the love of his life he's a bullhead fish?