Topic: What Inspired Me To Invest In Bitcoin. - page 7. (Read 815 times)

I don't agree with you, because there are lots of altcoins that have a higher TPS than Bitcoin Network, you can see it in the image above (don't focus on Terra because that project is already broken, LOL). But why do I, people on this forum or Bitcoin Maxi still choose Bitcoin over those altcoins? that's because Bitcoin has been tested, even though the network tends to be slow, but don't talk about security and decentralization in Bitcoin.

1. Something being an "asset" doesn't automatically mean it can grow.

2. Bitcoin is also being regulated by governments. It's just that people can use it regardless what the regulation is.

3. Unless you're talking about lightning and other L2s, bitcoin isn't really 'that' fast. Just a lot less annoying than using traditional methods especially for bigger amounts.

4. Past performance is not indicative of future results.

I agree with you on this, bitcoin network transaction is very fast and you can make bitcoin transaction anywhere,anytime, anyday with ease and at the comfort of where ever you find yourself without being restricted or redirected by any one on what to do unlike fiat transaction where you sometimes find it difficult to have access to your funds and to make transactions due to poor network connectios, fear of attacks as a result of informations being licked by some bank officials, delays in remitting cash due to crowd when it comes to physical transactions and much more.

I feel this is the most important reason that make people to invest and hold Bitcoin. They believe that holding it can lead to increase in value and a corresponding profits. So far, Bitcoin have not failed those who have this belief and confidence.

Every other reason for investing will just add to the viability of Bitcoin and constitute speculation. Someone can buy Bitcoin to use for payment due to the accessibility,  speed and comfort that it offers... this does not qualify as investment. What I see as investment is buying with the target of making profits.
 

Well almost everything you said is true like Bitcoin is an asset that has a good potential especially in the long term. And the fact that you could control your own assets as if it will rely on your hands for your every call in the market. But let's not sugar coat and be biased in Bitcoin, it's actually convenient as you could transfer and do transaction worldwide by just having the internet via Bitcoin. But some transactions can also be slow or having traffic due to many people are having a transaction at the same, which could be bad thing if you're converting funds into fiat in case of emergency. And also don't forget it's volatility that also involve risk if people are not aware from it, which I don't blame Bitcoin but the user already.

People are inspired by different things all over the world. Some are inspired by cultures, nature's beauty, situations, individuals, etc.  if the feeling to do something isn't gotten correctly, the expected results may not be gotten, hence leaving such a person in disappointment and frustration.
Here are some tips on why I invested in Bitcoin.

1. Bitcoin is an asset: Bitcoin is an asset because it can grow from the point of purchase, especially when taken advantage of markets that are falling in orife or have fallen in price to purchase as well as rise in price to sell. With Bitcoin, you can start small and grow big.

2. Investors like bitcoin because it's different from the traditional financial system that's controlled and regulated by the government of such a country. With bitcoin and crypto in general, transactions are outside the control of anyone, entity, organization, or person.

3. Transaction is fast; bitcoin gives every user the luxury or pleasure of speed in transactions. Hence, network hiccups are almost eliminated when transacting with bitcoin.

4. In the crypto world, bitcoin is the most dominant with a proven track record of growth, stability, and security, and it boasts of high liquidity compared to other cryptocurrencies.

Bitcoin is revolutionizing the financial market, making it the economy of the future you too can take a bold step to invest in Bitcoin if you haven't invested.