Bitcoin Is the Future of Money
Why is it you hear about Bitcoin constantly breaking new highs? What exactly is going on with Bitcoin? What we are witnessing believe it or not is a Revolution. In human history, we first relied on the exchanging of goods and services for early trade. For example, I would give you a few dozen apples for 3 chickens. In economics they call this bartering, and the process of bartering worked until eventually they couldn’t keep track of everything. The solution? The invention of money system. Money according to Merriam-Webster Dictionary is simply a way to pay for goods and services.
Money had it’s way of progression, from stones to gemstones and eventually metals. The problem ended with the question of how do we store and transfer such large amounts of metals? You can’t which led into what we know today, the birth of paper money. All the precious metals such as Gold and Silver was now represented by paper money. This also worked great, for a while. New problems were born and the governments and banks realized they can just print more money, cause inflation, and get away with their corruption.
If history is doomed to repeat itself, The ‘fiat’ or dollar is in trouble. It simply can not continue to exist because of all these problems. There is however, a solution, and that is Bitcoin. Bitcoin is the new form of money which will solve many of the world’s problems. Bitcoin is what created the blockchain. It is decentralized, irreversible, Fast, Global, Secure, and it’s all yours. There is no need for banks.
The blockchain technology behind bitcoin is what’s driving this new age of money. If you are reading this you are lucky. We are still in the very early stages of this digital revolution. You can become a major player and even get rich if you are dedicated. If are able to gather and own just 1 bitcoin, you will be ahead of most people. There is simply not enough bitcoin to go around. Bitcoin is only the beginning, there has been over a $70 Billion dollar increase the past few months in the industry. We went from a $30 Billion Dollar Market Cap, up to a record $121 Billion in August.
In conclusion, you must ask yourself why billion dollar businesses like Delta, Expedia, Microsoft, Hedge Funds, and countries around the world are all starting to accept it?
Thank you for reading, as always, welcome to the future.