Maybe you ever thought that Bitcoin will be the Future currency in entire World or Nations, So I believe that it will be like the way you are thinking of. So what is the reason, and how could it be ?. Here I will explain it to You, Guys.
1 Bitcoin is Anti FUD
I believe that Bitcoin is The Future of currency, Why? Because Bitcoin has been proven to be a crypto coin that survives from various FUDs, no other coin or currency is subject to FUD as badly as Bitcoin. However, the price is still going up. So, it's proven to be Bitcoin FUD proof.
Then, Bitcoin survives various regulations. No other currency or asset is threatened with various regulations like Bitcoin. Has this Bitcoin been threatened with any FUD? Starting from regulatory issues, prohibited trading, prohibited from playing links, environmental issues, CBDC, Altcoins. What it is want to be threatened with? So, America itself has also reduced its opposition to Bitcoin, because they know that the only way to kill Bitcoin is to shut down the worldwide internet. Which is very impossible. History proves that Bitcoin is regulation proof.
Bitcoin has also survived heated regional political conditions. When in Venezuela, there was hyperinflation, the value of the currency is trash. When Myanmar's political conditions heat up, the value of its currency decreases. When Afghanistan was taken by the Taliban, the value of its currency may no longer exist. Those who store their assets in Bitcoin, stay safe. History proves, Bitcoin is Political Turmoil proof. Okay, next Bitcoin marketcap is getting bigger and bigger. And it's not easy to play the bigger Bitcoin market, unless there is an agreement or insider trading that is really controlled.
2 Bitcoin is Anti Whale
We should know that there's a super big Global conspiracy at play,but I think they don’t play in the Bitcoin market, Why ?, because it is very difficult and the funds required are very large, Because the market is the world. Playing the world market is not easy, because there is an alternative that is much easier, which is better if I am a whale I prefer to play at shit coin markets where the market cap is still small. If you make a profit, you can later exchange it for Bitcoin or Fiat. Bitcoin is Anti Whale, I mean whale proof.
3 Bitcoin Roadmap to be the World Currency
Maybe you may still not be aware, if this Bitcoin has a bumper that makes its value cannot be zero. The number of coins lost is estimated to be 30 to 50% of coins lost for various reasons, like; someone forgot their keyfreeze, their hardware wallet was thrown away, the owner died suddenly, and so on. The lost coin cannot be Transacted, cannot be Sold, and even can’t be Printed or Minted again, the maximum is still only 21 million coins, and this amount is not enough if it is distributed evenly to everyone. Bitcoin is impossible to zero, Bitcoin is inflation proof, Bitcoin also allows us cross-country transactions.
Cross-country transactions before crypto existed were very complicated, especially if the numbers are big. But, now you don't have to worry anymore, we can use Bitcoin to send funds to each other, Bitcoin is a borderless currency. Now, it's just a matter of time for Bitcoin to be accepted by the wider community, When is it? My guess is 10-15 years from now. 10-15 years from today, Why 10-15 years? Because it need takes a new generation to accept this technology without question, Like we used to be when we were born into the world we became adults and we have never questioned why the dollar has become the world's currency, We also never asked, Why money is in the form of paper, Why not cloth or stone? The next generation will not ask a question in detail Why money is digital ?, Why Bitcoins? What is Bitcoin's underlying asset?. The next generation, like it or not , just accept it. Like us, like it or not , just accept fiat currency. But when it comes to the underlying assets, there are many who are sarcastic;
Bitcoin is a currency or asset that does not have an underlying asset, that means, these cynics don't fully understand the history of money, don't understand the difference between currency and money, don't understand the history of the dollar, don't understand Bitcoin, don't know the difference between Bitcoin and other crypto assets, don't understand Blockchain technology, didn't learn the history of currency and gold, forgot or didn't know about the Bretton Woods Agreement and maybe they either don't know or fail to understand what President Nixon had declared in 1960 as I said in my Last Topic in Bitcoin Discussion (Hold Bitcoin vs Hold Gold, and also in Smart Way to Introduce Bitcoin to Relatives,Spouse and Family), So I recommend you to read that topics what I mentioned, So We can learn and discuss together, don’t ever close your eyes to see how the future works.
Okay then, I think that's all. Those are my Reasons of; Why Bitcoin is the Future Currency?
The Summary :
1 Bitcoin is Anti FUD2 Bitcoin is Anti Whale 3 Bitcoin Roadmap to be the World Currency Last Topics related to this Topic :
Hold Bitcoin VS Hold GoldSmart Way to Introduce Bitcoin to Relatives, Spouse or Family