🔥 Why Bitcoin is important for humanity?

in Project HOPE4 years ago

Hello!

There is a lot of debate regarding the price of Bitcoin, nobody knows whether the price will go up or down, however I am sure that there is a need for BITCOIN.

And if there is a need, it will be demand for the asset, and we all know what happens if there is demand for a really scarce asset. Prices will move up in the long run.

But...

Why we need Bitcoin?

Well, the answer is not that simple. Cash is disappearing worldwide, I'm not sure if it's doing it in absolute value but it is doing in percentage (%). And a cashless society is really dangerous.

Maybe you will think that paying with a Credit Card is ok for you, but having all the money digitally centralized in banks means that you lose your privacy completely.

Basically we are:

Trading our privacy and freedom for convenience

Nowadays we still have the choice to pay for things in cash, this still opens some options for us.

image.png
Source

We all know what they will do with all the data associated with all of our purchases, they will use this to control people, censor, etc. I don't want to live in a cashless society without the Bitcoin alternative.

With Bitcoin we have a:

Decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

(Wikipedia)

This translated to non-crypto people means:

  • Money that can't be censored by governments
  • Can't be devalued like the current FIAT system
  • Can't be used by anyone

Now, tell me...

DO WE REALLY NEED BITCOIN?


Enjoy! 😊


Follow me on Twitter
image.png Follow me on Publish0x

Sort:  

What you listed above is the initial idea of cryptocurrency, sad enough, we have deviated from these initial ideas and many manipulations and managerial inefficiencies had painted a bad image for bitcoin and other cryptocurrencies.

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 57249.56
ETH 2352.09
USDT 1.00
SBD 2.38