“People are crazy who invest in such an illusion like Bitcoin …”
*This Article is a short demonstration that Bitcoin is at least as real as our current money. *
Did you notice some sentences like in the heading of this article in your daily life? I do and could not just nod with my head and agree with those statements…
Just a few people know that the big banks in the world like FED in America or even the EZB in Europe could print as much money as they want. But that’s just since the 15th of August in 1971 possible. At this date President Richard Nixon removed the gold standard from the US-Dollar.
This ends up in inflation which is a great benefit for our economy and explains our current situation in the world. We print more money in America, in Europe and in Japan than ever before – its limitless, at least until the big collapse comes.
But let’s look into the Bitcoin world:
Is it possible to create limitless Bitcoins in the world? No. There is a fix number of 21 million Bitcoins which could be mined over a few more decades and that’s it. 21 million doesn’t even sounds like a huge number if we think about $28.6 trillion easily accessible money in the current world. (http://www.marketwatch.com/story/this-is-how-much-money-exists-in-the-entire-world-in-one-chart-2015-12-18)
I think the question: “Is there enough for all of us?” is just normal. And the answer is YES!
We have the opportunity to trade bitcoins up to eight digits after the comma and this gives us a huge room to play with.
Furthermore, it is currently the most valuable currency on our planet!
Yes, I can understand people who are talking about crazy times when a sequence of numbers is worth more than an ounce of gold, but in my opinion, that’s the progress in the world.
If we want to live in a globalization, we need to act global and it is way easier to send somebody some bitcoins than an ounce of gold. 😉
Personally, I believe that: "Good things happen out of good thought's.”
And in my opinion Cryptocurrencies are just an amazing opportunity for the world.
How do you think about Bitcoin vs our Current Money? Please leave me a comment and I will come back to you!
I would appreciate it if you hit the follow button: https://steemit.com/@moneyrace
at 1st i thought the post was a critic on crypto currency but when i read it to the end i loved it.
Cryto currency is the new evolution to tackle bad governance and excessive wastage of fund and resources, it has come to stay and the Big bulls cant do anything about it.
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Thanks for your comment - Hopefully they can not do anything about it !
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It has ak47s and Chinese girls on the dark web behind it
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To me it's the same as the dollar
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