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Based on the utility and scarce amount of Bitcoin, it holds great potential.
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Number of Bitcoins is limited which makes it a scarce asset which is a known fact. Whereas many geographers also suggest gold is a scarce metal which may not be the fact as many areas of the subject are not studied yet.
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This is why traders are suggested to analyse the market on their own and make their own trading decisions. If you let others decide your moves, be ready to fall into a hole that doesn’t have a way out.
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I just hope that the meeting comes out to be successful because every day seems to be financially tough for the country and its survival. I am sure that the countries meeting up would help El Salvador in a way that it is able to make effective use of the decentralised bitcoin while taking care of its citizen’s sentiments.
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I don’t think it would be easy for bitcoin to become a global currency since not many governments seem to be interested in legalising it. As no country would like to lose control of its financial system, I doubt if bitcoin will ever be made a legal tender. Bitcoin might be doing really well but it has a long way to go.
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Methane gas has more impact on global warming than carbon dia-oxide. Climate change issue was back created before bitcoin came into existence. And even now the oil companies are not able burn methane completely before releasing it in the air. This methane can be used for bitcoin mining that could reduce the methane emission by 23%. Many miner have already started using methane for mining,
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Why compare gold and bitcoin? Both are valuable. Bitcoin is volatile as compared to gold but has seamless potential. On the other hand, gold also makes a good amount of money. I have invested in both.
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This is nothing shocking to me. As they are unable to generate taxes from cryptos, how would they make money?
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If you are someone who enjoys watching old movies, then Close up by Abbas Kiarostami is a good one.
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That is really interesting and fascinating. But it was not right to bring the artefacts. The British museum should return the ancient sculptures.
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DCA is generally better for long term investments. I mainly focus on long term investment rather than short-term trading.
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It is heartwarming to read such stories. Not many have the guts to make such efforts. Keep the good work going!
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Not a wise thing to do as you do not know what will happen to bitcoins in the future.
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Yes, HODLING seems the best option for investors at the moment. But there are many others who have taken this as an opportunity to invest more in the market.
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True! This is the nature of the market. The crypto winters have shown many adverse situations and I really hope for an optimistic future.
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The market being decentralised the answer to this is both everybody and no one at the same time. There is no authority that governs the crypto market which means all those who have invested in the market actually control the market.
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