The LARGER POINTS ABOUT BITCOIN.
In all of the media fog we don't want to forget some important points about Bitcoin:
The point is not to hide your bitcoin from government (don't try it... really stupid shit), the point is to control your Bitcoin.
Control over your money will have a huge implication for governments attitude towards taxpayers.
Bitcoin is centralized because if any centralized government, corporation, Central Bank, Altcoin Community says "X" is going to change, all that is saying is that they are still centralized! Bitcoin is hard to change and that is very good!
Traditional financial advice is outdated! If you want to hold onto your traditional Investments because your allergic to risk. They are still suggesting people invest 2% into Bitcoin. But a 2% investment into Bitcoin is going to make it explode in value and that 2% will change and become 4%, 8%, 10%.... until Bitcoin has obtained the status of the best most secure store of value. Meanwhile all of this will be at the expense of traditional Investments and all the guys who did not like the risk will be setting on the bottom of an emptied luxury pool.
I don't think we can even guess how much liquid assets can fall into Bitcoin's massive upward swing... theoretically the more that goes into Bitcoin the more attractive it is the more that goes into Bitcoin... it is a singularity of Investments. I think what seems clear is that there is a total of $160 trillion to $280 trillion in capital that can initially flow into Bitcoin.... the real value of Bitcoin can be derived by dividing the number of units into these figures. Until all of these Fiat currencies crash, Bitcoin will grow.
As one of the only 2 people who upvoted you, I decided to read your article.
You write well. Keep that up.
The flow of the article is a bit boring. Add images to attract the attention of less concentrated readers.
Your points themselves assume that Bitcoin will go to the sky, but that is a guess, not a fact.
Substitute Bitcoin with any other currency (crypto or even some fiat), and some of your points might still apply to it.
For example - the last point. If everyone buys DogeCoin, it will be more attractive and more people will buy it... Except that this is bullshit.
It is only true in the short term. When the price becomes higher than the value, the currency crashes.
When making claims about the future, it usually makes you look more credible to look at the past. You state your ideas, but don't point out on what you base them.
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