Why I like Bitcoin and why I am a Bitcoin Hodler?

in #cryptocurrency6 years ago

Hello Steemit friends, hope you are doing well. In this post I want to share my opinion about Bitcoin.  

I am a big fan of Cryptocurrency, especially Bitcoin, because I liked the idea of having full control over MY ASSETS without anybody being able to take it from me.
No (central) bank who would lower the value by inflation. (See how much $100 bought you 10 years ago and how much it buys you now?) Real estate, stocks, rare cars, art and watches didn’t suddenly get more expensive. It’s the equivalent fiat currency value that went downhill.
No government who would take it from me by taxation or legislation. (Remember Greece and Cyprus? Or the confiscation of Gold, back in the days?)


An easily transferable asset and securely storable asset like Bitcoin (try storing or transferring gold bars in large amounts) is worth A LOT MORE than what price is currently indication.
And over the long term, the price will always adjust to value.  Personally, I have committed to holding my Bitcoin for at least 5 years – but who knows, maybe I will even wait 10!  

Hope you enjoyed it, have a good day.


Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 63626.66
ETH 2640.26
USDT 1.00
SBD 2.75