Here are 14 reasons why Bitcoin is strong today and will continue to grow:
- Bitcoin introduced blockchain technology for the rest of the world to utilize.
- Bitcoin itself is a protocol that will continually evolve.
- Acceptance (Bitcoin is only 10 years old!)
- Much of the developed world where payment systems that enable instantaneous person-to-person payment are not available, would love to adopt Bitcoin.
- Volatility will minimize as the public at large becomes less sensitive to everything the media spews out and as more users adopt it.
- As larger corporations start offering Bitcoin as a payment alternative, smaller companies waiting in the shadows will jump on the bandwagon.
- The market capitalization of Bitcoin indicates that the currency is now too big to collapse (and is backed by the trust of its users).
- The buying process of Bitcoin will be made much simpler than it is at present by exchanges, corporations, and developers.
- Bitcoin will be featured regularly in the remittance world and by travelers and travel agencies alike.
- Bitcoin is universal and globally recognized as a store of value.
- Censorship resistance.
- Instant micropayments online (via lightning etc).
- Asset protection.
- Protection against currency controls.
