Hi everyone,
In my country, most people have knowledge about Bitcoin superficially like me from the previous two years. They haven’t understood about Bitcoin as they thought. Most people have just discussed fluctuations in price, Bitcoin’s risks, and frauds, etc. One of the reasons is their knowledge coming from the media instead of using critical thinking, technology, finance, economy, or history of currency.
After studying about Bitcoin, I have realized that Bitcoin is the perfect cryptocurrency that has never had in the history of currency.
Source: https://images.app.goo.gl/TUZDr4xQJFGKMwHt5
HISTORY OF BITCOIN:
Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. Therefore, Satoshi is the smallest unit of the bitcoin cryptocurrency.
source: https://images.app.goo.gl/SL8hnYpoumxPs2797
Bitcoin is a decentralized digital currency without a central bank that can be sent from user to user on the bitcoin network without the need for intermediaries. With blockchain technology, Bitcoin becomes the most private and safe cryptocurrency in the future.
From 2009 to 2020, the price of bitcoin has increased from $0.003 to over $13.000. This latest data is evidence of the growth of Bitcoin, and the expectation of the world is on this cryptocurrency.
Source: https://images.app.goo.gl/jgUxov73teXGNRiF8
BITCOIN AND CASH:
Bitcoin like cash because transactions from person to person are direct, with no intermediaries. Transactions are private, and nobody knew that besides you and me.
However, Bitcoin surpasses cash because it solves three week-points of one: local, slow international transactions, and inflation.
Bitcoin is a global cryptocurrency and can pay all transactions
International transactions on the bitcoin system will be quick as a message on the internet instead of 12 office days of waiting from the bank.
The government can increase the quantity of cash in the economy by printing more money. Therefore, inflation is more and more rise high, and currency becomes losing value. The government can print money as much as possible. In the meanwhile, the maximum of bitcoin is 21 million,
and bitcoin will decrease gradually over time and algorithms. After each halving, the number of created Bitcoin will decrease in half. The reward will continue to halve every four years until the final bitcoin around the year 2140. For this reason, Bitcoin will be more and more valuable and become KING OF CRYPTOCURRENCY IN DIGITAL LIFE
At the moment, Investing in Bitcoin is a smart investment for your future. Less or more, you should have at least 1 BITCOIN.
I LOVE BITCOIN!
Thank you for reading my post!
The price of Bitcoin (BTC) will be 13456.07 USD
#steemcryptochallenge, #Vietnam, #bitcoinforecast, #futurecryptocurrency, #bitcoin
Rapid growth chart in recent times. Nice share.
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@Yes, It is good news for steemer community.
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