Why I Bought Bitcoin

[williamofoo]

In my opinion,The subprime mortgage crisis was caused by the unreasonable over-issuance of currency under loose monetary policy. In this case, if there is a currency that limits the total amount of issuance and can never exceed it, will there be no financial crisis or a series of chain problems such as currency devaluation?

In my opinion,Money is being issued faster than bitcoin is being produced . So the value of Bitcoin will continue to rise.

The decline in people's demand for cash has also affected investors' future expectations of encrypted digital currencies to a certain extent. According to a sample survey report released by the Bank of International Settlement (BIS) in 2020, more than 50% of central banks have developed central bank digital currency due to the decline in cash demand. This fully shows that encrypted digital currencies, whether legal or not, are very likely to change the existing capital market and even the currency system in the near future.

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[TatiTan]

I think Bitcoin is perspective and it's the only reason to buy it. You can see еhe latest news and cryptocurrency rate on the site https://cryptograph.life. The Bitcoin cryptocurrency was worth $ 473, and its trading volumes according to Coinmarketcap were $ 161 million 3 years ago in May 2016. Now, with a price of $ 8,700 and a daily transaction amount of $ 24.5 billion, these figures seem insignificant because the coin can easily lose $ 1000 per day and immediately return to the previous level.

This is why the future of digital money seems so attractive to many investors.