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Bitcoin was invented amid the effects of the 2008 financial crisis. The idea was to create a currency that would regulate itself, without the intervention of banks. Thus, bitcoin is one of the first decentralized currencies.
“It's amazing that they created a system that exists by itself and that no one can influence. No government can take money from the system. No one is forced to trust someone in particular. ” Enough that you trust the system!
Bitcoin is the future, one of the greatest inventions of mankind.
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The blockchain technology appeared not so long ago, and has already gained popularity and has potentially great significance for carrying out various operations due to its security and reliability. The main sphere of its application is economics, in particular, cryptocurrency, but potentially the technology is useful for various industries, and most of its capabilities will have to be used in practice. Blockchain is used in medicine, economics and in many industries. The future is on the blockchain, this is understandable!
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The weakness of the dollar - not the only reason that served as the basis for the creation of cryptocurrency. Let us see why today the whole world knows about Bitcoin.
The main reason for the growing popularity of Bitcoin and the entire cryptocurrency system is complete decentralization. Coins are mined by owners of mining farms. And the wallets on which the cryptocurrency is stored are not tied to one bank. Bitcoin and cryptocurrency will not disappear, this is a new era in payment systems!
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All cryptoinvestors are waiting for one thing - a multiple growth rate of digital money. Top industry experts made their predictions and explained why the current value of the main coin is only the beginning of a long way.
In 10 years, Bitcoin will be legal in many countries of the world, this is a 90% probability. (My opinion)
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Bitcoin will grow due to the network effect. People on the Bitcoin network will bring new people to the network, which will expand it. And other small altcoins just will not stand the competition in this with Bitcoin. This can be compared with social networks such as Facebook, which is so large that other small social networks lose the largest.
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Hello forum users! In my opinion, Bitcoin and the Internet are two different things. Without the Internet you will not make a transaction in Bitcoin. Bitcoin is likely to closely adjoin payment systems, and can replace payment systems like Master Card or Visa, or other electronic wallets!
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