Topic: 12 reasons to buy Bitcoin (Read 173 times)

The main reason might you didn't include, Bitcoin can gain profit.

There are too many reasons behind why people adopting Bitcoin and using it as a currency or as a valuable asset that can be stored for a long period of time and treat as a long-term investment.  All mentioned OP was right but it doesn't mean those are only the reason why people, investors, or even institutions invest in Bitcoin.

Anytime you can buy Bitcoin and it's NOT too late for anyone to hold or invest as long as you can afford it.  And always remember that Bitcoin is a long-term investment that you might lose if you will sell under the price from which you purchase.

It has to say that the world is changing, from paper money to digital currency. People had started to adopt the new system and they are enjoying it. Will it that gives them an easy life compared before but this is not the main reason why they buy Bitcoin.
The main reason why people are coming into crypto, investing in Bitcoin is just that they would like to make money for it, not to spend them. May these big companies are using this in market preparation for digitalization but the majority, the common reason this is for an investment.

Past performance does not guarantee future performance.


There are also smart investors who are adamantly denying Bitcoin, like Warren Buffet. You shouldn't fully rely on other's opinions.


Chasing revolutionary technologies is a good way to lose money, because most such technologies tend to fail.


Bitcoin can't be stopped, but it can be crippled, a ban on mining and exchanges would have devastating effects.


No it doesn't. Between 2018 and 2020 there was so many problems in the world, and Bitcoin didn't rise.


Bitcoin is not here to bring equality, it's here to give an alternative to centralized payment systems.

There's only one real reason for anyone to buy Bitcoin.The Bitcoin price goes up.
All the reasons mentioned in your list are just not that significant for the average investor.
Bitcoin is great for an investment asset,but it's not so great for a currency,that you can use for every day purchases.
Just imagine buying groceries at the store with BTC and the price of Bitcoin explodes by +50% in the next 24 hours. You realize that you have wasted your precious Bitcoins for groceries.Instant regret.

For me, the most important advantage of bitcoin is that only I own my coins! No one else owns them... And I can send them or receive others anywhere in the world without any intermediaries!
If you take into consideration that there are only 21M bitcoins (of which a very large part is lost forever), then you can really call it a gem!

There are so many reasons to read, I don't know what roman is, brrr, what is.

The community here has been buying Bitcoin for so long, for no reason like you mentioned, it's a complete mess, what to do with the Roman emperor.

Only two reasons to buy Bitcoin, buy when it is cheap and sell when the price is high, like today, other reasons, it is confusing.
Reason:
• Bitcoin......!
• Bitcoin......!
• Bitcoin......!
People have known it and have believed in it since 2009.

To some, these reasons are not even convincing enough. Everyone has to be educated about the whole system of banking, how the traditional banking system wouldn't produce enough ROI as much as Bitcoin would. Bitcoin is a precious gem and it value and usability continues to dominate as more people know the benefits it carries. The more reason to own at least some extensive fraction of bitcoin is glaring as the day pasee. There is no late entry to bitcoin, every time you buy is always the right time.

There can be more even reason to buy bitcoin, depending on yourself and why do you need bitcoin there can be different reason for you. I believe the most important thing is the privacy. For example, if you take care about the privacy and it's important for you, the you can buy bitcoin and use bitcoin instead of old traditional bank system to make your transactions truly p2p. For me and many other people having a limited totally supply can be the reason because none can print bitcoins in a basement.

That is because of the fear that other people feeling about owning bitcoin as an investment. Lack of knowledge and ignorance persuades them to not own at least a bit of it.

It has a history that they knew about and chose not to get involved with it because they have understood it as is. They don't want to listen to anyone explaining that bitcoin is for every transaction and not only with the past that it has attached on it.

Others just chose not to own any of it, they find it expensive and doesn't understand that they can own it in decimals.

This what it makes it precious these days and for the upcoming days to come. 21 millions in total supply but it will be fully mined until estimated 2140 and also count the lost bitcoin's forever which adds value to it being more scarce.

1. Bitcoin is the best performing asset in the past decade.

How can you not own at least a bit of the best performing asset of the past decade?

2. The world is awakening for Bitcoin

"Smart" investors already own Bitcoin. If you don’t own a bit of Bitcoin, ask yourself: Paul Tudor Jones, Jack Dorsey, Chamath Palihapitiya, Nassim Taleb, Peter Thiel, Raoul Paul and Naval Ravikant know what I don’t know?

3. Bitcoin is interesting, you are curious

Bitcoin is a revolutionary technology, and as you read this article, it is changing the world. Think of a small bitcoin investment as "you understand the future costs". Slide to the point where the puck will reach. (Skate where the puck is going)

4. Bitcoin is "an unstoppable force"

According to US Congressman Patrick McHenry's statement about cryptocurrency at the Congressional hearing, the Congressman is right...Bitcoin's decentralized architecture makes it almost impossible to stop it.

5. Bitcoin thrives in uncertainty/chaos

The future of the dollar is uncertain because it is controlled by the central bank. Bitcoin is completely predictable because it is controlled by mathematics and computer code. Bitcoin was born for this era.

6. Bitcoin is the fairest currency

Bitcoin makes equality of opportunity possible. As a result, equality is impossible and undesirable. Everyone can participate in the same currency system. Let us end the government monetary system, which discriminates against the poor, minorities, the elderly, and the helpless.

7. Buy Bitcoin to support freedom of speech

Free speech is the foundation of a free and open society. Bitcoin is currency, and currency is speech. Don't like watching the government and the central bank rescue their little partners, while the mainstream society is suffering? Vote with your dollars: buy bitcoin.

8. Scarcity is important

We have never had a truly scarce currency. From this perspective, the number of millionaires (46 million) is twice the number of Bitcoins (21 million). Before everyone gets in the car, it might be wise to buy some.

9. The Roman Empire will perish

Just like the Roman Empire, the dollar hegemony will not last forever. The "base currency" changes periodically. Bitcoin does have a chance to become the next base currency. British Pound-->U.S. Dollar-->Bitcoin?

10. The money printing machine rang in "Brrrr"

The US dollar is being "printed" at an unprecedented rate, and interest rates are also hitting a record low. At the same time, the fixed supply of Bitcoin is 21 million.

11. The Bitcoin model is naturally proven

Bitcoin mimics an evolutionary strategy (decentralized network intelligence) that has been running for a billion years. It is common in mycelium, neurons, the Internet and now BTC

12.Good currency is important

Currency is the basic technology that enables human beings to organize in a complex society. Currency can achieve specialization + trade, thereby increasing everyone's wealth. Bitcoin is the best currency we have ever made. The currency is better, and the world will be better.