Why I believe Bit Coin Is The Safest Asset is the World

Why I believe Bit Coin Is The Safest Asset is the World

This a controversial view am sure many people will disagree and be shocked with it with me but i am going to explain my believe and reasons for that belief.

This is foundation of the belief is that of the Bit Coin Community

Millions of people around the world that believe in Bit Coin and do Not sell it they have rock solid belief in Bit Coin and keeping it and selling it for Fiat is not one of them

Its belief provides the rock and solid foundation for the price of Bit Coin. A floor that increases year on year as the community grows and the community of Bit Coin believes earn more money and buy more Bit Coin.

This Community grows every year and this is who owns Bit Coin

The prices of Bit Coin is not determined by all the Bit Coin ever mine the daily price is the few million on the exchange available to be turned into fiat.

This number will reduce in time and there the price will increase. As more move off the market to the community

It will take time but it will go up and i know it looks just a bad statement now will Bit Coin price falling but the community of Bit Coin supports grows everyday and the price will too.

If you compare Bit Coin Price will the the shares of a company

The shares are owned by who knows and who knows why they own the shares and there belief system in the company.

So there is more risk they might sell there shares for any reason and drive the price lower. They are likely not to have the same strong belief in a company as the bit Coin Community has. The holding belief when the prices turns down.

The strength of the Bit Coin Community for me translates into Bit Coin being a strong and safe asset even after you see these prices drops.

Let Me know your thoughts and follow and comment Thanks