Finance 2.0 - The Dawn of the Age of Bitcoin: Global-Financial Crisis Proves Bitcoin's Resilience

in #bitcoin4 years ago (edited)

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March 13, 2020

Bitcoin is proving to be a reliable computing network superior to the existing Fed-dominated banking network we all deal with today.

Over the past decade, Bitcoin has proven that it is a true, reliable means to freely transfer wealth across the internet without government consent or authority.

As a once in a lifetime financial firestorm encroaches upon all of us, globally, the Bitcoin network that is Bitcoin, is proving its long-term resilience capable of replacing the current lop-sided U.S.-dollar backed global financial system primarily benefiting those closest to the Fed.

Bitcoin has proven to be a viable replacement for the U.S. dollar system with the advent of what is now a global pandemic completely quarantining towns, cities and even entire nations such as Italy.

If you don't have some of your current wealth in Bitcoin (BTC) or Ethereum (ETH) or any other alt-coin of your choosing , you should - (except for xrp and xlm), for it is now becoming increasingly apparent to more around the world that cryptocurrencies are here to stay.

Bitcoin is yet again near the US$3,000 level, a level at which Chinese and Russian miners would most probably choose to cease supplying freshly-minted Bitcoins to exchanges as their businesses become unprofitable and unsustainable for the long-term.

Now just may be the right time to enter/re-enter the Bitcoin market if you haven't done so already - before more around the world realize its true potential.

TemujinX

https://steemit.com/bitcoin/@temujinx/ripple-continues-being-odd

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