X If you notice one thing, you will understand that the price of everything is constantly increasing. Sometimes it happens that you get your salary at the beginning of the month and then you see that the price of goods has increased compared to the previous month. When you understand this, you will think how we will increase the value of savings.
Then you will start thinking about the importance of Bitcoin. You may think that it would be better to pay your salary in Bitcoin instead of fiat currency. But later you see that the price of Bitcoin fluctuates a lot, then this thought also creates a problem for you.
We will usually see 3 types of people, some think Bitcoin as a money making machine, some think of it as a replace of money, and some want to ensure their financial security in the future through Bitcoin holding.
Bitcoin is a middle between making money and an alternative to money. Where you hold it through regular investment, you will also benefit financially in the future and if the next generation adopts a Bitcoin-based economy instead of fiat currency, then we can also use our Bitcoin holding as an alternative to fiat currency.
The point is that making money and increase savings value are not the same thing. If you want to increase money quickly through Bitcoin, you have to do short-time trading. And that becomes a very risky and as like gambling situation. Therefore, if you use time instead of timing, you will increase savings value in the long run.
If a person works and saves some money and keeps it as savings in the bank. After 10 years, due to inflation, it will be seen that the money that was kept as savings has increased in amount but its value has decreased. Let's think about another person who is freelancing and has accepted the payment he receives from there in Bitcoin. According to his needs, he converts some of it into local currency and spends it.
Later, it was seen that after a few years , the value of Bitcoin that he had as savings had increased a lot.I know it's not right to guarantee it, but it's more likely. If you do not use Bitcoin in this way, you will never understand this reality.
So I think that taking Bitcoin as
making money means that the main goal of Bitcoin has not been fulfilled. And the issue of
replacing money often becomes a big debate. Because many people disagree on this issue. And if a Bitcoin-based economic situation is launched in the future, then if Bitcoin is held, then its proper utilization will be done. But if we talk about
increasing savings value, then it is much more realistic and logical. Because we are dependent on an economic system where currency is weak, prices decrease, rules change.
I would like to ask you some questions that you can give your opinion on.
1. Is the increasing adoption of Bitcoin just because of profit, or is it to get out of the current economic situation?
2. Would you accept payment for your work in Bitcoin?
3. What is the most important thing you would tell those who are new to Bitcoin?
