Bitcoin is changing the world, and any BTC believer will rattle off a long list of reasons why cryptocurrency is the future of money.
1. Bitcoin Adoption Is On The Way
For example, the number of users of the popular Blockchain wallet steadily increased throughout 2020. In 2021 the number of new wallets created continues to grow by millions every month. However, wallet numbers are just one part of the story. The number of people holding Bitcoin in their own wallets is dwarfed by retail investors happy to leave their BTC with a custodian such as Coinbase, Square’s Cash App or PayPal.
2. Suited For The Macro Climate
Another reason to invest in Bitcoin in 2021 is because it’s perfectly suited for the macro investment environment. It should be noted here that the cryptocurrency was born out of the 2008-2009 global financial crisis. BTC was released into the world during a time of government and bank bailouts where it thrived, albeit being ignored by the masses during its initial days. Years later, the world is going through another crisis where many governments are going through bailouts and other crises of their own. During these times of crisis and BTC’s soaring popularity, it is easy to see the unique value proposition that Bitcoin has to offer.
3. Indisputable And Transparent
Bitcoin is up to the mark regarding the aspect of transparency. The blockchain plainly gives data about the Bitcoins supply. For instance, if you have an issue with respect to BTC check your BTC current status first.
Bitcoin conventions are never constrained by any administration or higher specialists. Legitimate straightforwardness characterizes the impartial nature of BTC. The transparent nature of Bitcoin and blockchain technology is beneficial in so many ways to so many people.
Bitcoin lets you send money to anyone else in the world at little to no cost and gives you the ability to track this payment to the recipient. This is why it is so important to keep in mind that BTC is much more than a payment method.
4. It Performs Independently Of Other Markets
When the stock market drops, Bitcoin remains unscathed. That may be a blanket statement, but it’s not an inaccurate one. Of course, that shouldn’t come as a huge surprise. After all, the very creation of Bitcoin came as a response to the stock market crash, the bursting of the real estate bubble, and an overall distrust in traditional money systems. But for today’s investors, that separation correlates to better risk management and a more diverse portfolio. With the recent WallStreetBets debacle revealing serious dysfunction and double standards in traditional markets, Bitcoin’s appeal to retail investors is enhanced.
5. The Final Words
Bitcoin is money to rule in the upcoming two or three years and not putting resources into this time may be a terrible decision. Without any doubt, this is an era of technology and digital technology is prevailing everywhere. Finally, one should go for digital currencies like Bitcoin to move with the pace of this world of technology.
