It’s been said that there will be no more need for money in the future. That may or may not be true, but what it comes down to is this: We don’t know how to make money without money.
In the future, we’ll have to use something other than money. It could be a barter system, or it could be some sort of universal currency. But until then, we have to rely on money to do business.
So where does Bitcoin fit into all this? Well, it has become one of the most popular forms of currency online. There are many reasons for this, but the biggest reason is because people want to avoid banks. They want to avoid the fees and the bureaucracy that come along with banking.
Bitcoin has made it possible for people to conduct transactions online, without having to go through banks. It’s made it possible for people to transfer money across borders, without having to pay the high exchange rates. It’s made it possible to send money to someone overseas without having to pay the high fees associated with international transfers.
And that’s just the tip of the iceberg. The Internet has made it possible to conduct business online, and Bitcoin makes that possible. You can sell things online, you can buy things online, and you can do almost anything online these days.
So what’s the problem with Bitcoin? Well, it’s not a bad thing. What’s the problem is that the price of Bitcoin has skyrocketed over the past couple of years. And it’s still going up. So, if you’re a new investor, it may be hard to understand why you should invest in Bitcoin.
But if you look at it from a long term perspective, you’ll see that the price of Bitcoin is still relatively low compared to the price of gold. And as time goes on, the value of Bitcoin will continue to rise.
So, if you’re thinking about investing in Bitcoin, here are a few things to consider:
* Do your research. Find out how much the price of Bitcoin has gone up. Look at how much the price of gold has gone up. See if you think the price of Bitcoin will go up faster than the price of gold. * Is the price of Bitcoin going to go up? If so, when? How much will it go up? * How safe is the Bitcoin network? Will hackers steal your Bitcoins? Will the government regulate Bitcoin? * What kind of fees will you have to pay to use Bitcoin?
These are just a few things to consider before you decide to invest in Bitcoin.