Topic: What does Bitcoin protects people from ?? - page 10. (Read 1086 times)
Anonymous transactions
BTC can also effectively prevent inflation!
You invest in BTC. In the event of disaster, BTC is in the wallet, whether it is the hardware wallet or the Internet wallet, it will not cause BTC loss due to the loss of the disaster!
But the price of BTC goes up or down with the market!
You invest in BTC. In the event of disaster, BTC is in the wallet, whether it is the hardware wallet or the Internet wallet, it will not cause BTC loss due to the loss of the disaster!
But the price of BTC goes up or down with the market!
Bitcoin can protect people from :
1. Money inflation, that's meaning when the price of money of your country go down, your assets is still safe because bitcoin is cryptocurrency.
2. Devaluation, protect you when the goverment make a decision to lowered the price of money of your country.
3. Depresiation this same with devaluation, just because different reason or the goverment.
4. Natural disaster, protect your assets when your place got a natural disaster, because you invest your assets in digital.
5. Crime, protect your assets from s crime activity
Maybe another friends can give you another answer. Thanks
1. Money inflation, that's meaning when the price of money of your country go down, your assets is still safe because bitcoin is cryptocurrency.
2. Devaluation, protect you when the goverment make a decision to lowered the price of money of your country.
3. Depresiation this same with devaluation, just because different reason or the goverment.
4. Natural disaster, protect your assets when your place got a natural disaster, because you invest your assets in digital.
5. Crime, protect your assets from s crime activity
Maybe another friends can give you another answer. Thanks
Bitcoin can also be a store of value, it's digital gold. The only danger to bitcoin is an internet outage all over the world, it's the only way your Bitcoin cannot be accessed again. When there's not internet, there's no way to verify the blockchain anymore. But for the disasters you mentioned that won't be the case.
- Edit: An other scenario in which Bitcoin can't be accessed again is when all copies of the blockchain are gone, but that's highly unlikely.
Bitcoin is like digital gold though it is not actual gold.- Edit: An other scenario in which Bitcoin can't be accessed again is when all copies of the blockchain are gone, but that's highly unlikely.
Bitcoin will go up in value, when it's done then the price will drop.
Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars and natural disasters such as Earthquakes, hurricanes, cyclones etc.. so gold and silver are a store of value.
Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.
As a commodity, what does Bitcoin price show or protects people from ??
Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.
As a commodity, what does Bitcoin price show or protects people from ??
Protection against inflation
Bitcoin can also be a store of value, it's digital gold. The only danger to bitcoin is an internet outage all over the world, it's the only way your Bitcoin cannot be accessed again. When there's not internet, there's no way to verify the blockchain anymore. But for the disasters you mentioned that won't be the case.
- Edit: An other scenario in which Bitcoin can't be accessed again is when all copies of the blockchain are gone, but that's highly unlikely.
- Edit: An other scenario in which Bitcoin can't be accessed again is when all copies of the blockchain are gone, but that's highly unlikely.
Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value.
Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.
As a commodity, what does Bitcoin price show or protects people from ??
Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.
As a commodity, what does Bitcoin price show or protects people from ??
Jump to: