This Monday for my weekly video I made a quick list of reasons that Bitcoin is trustworthy. This is mostly geared towards new users.
https://youtu.be/m74t8gBjtcYI have come to built great trust on bitcoin because of it performance so far. Bitcoin has face a lot of hurdle from it inception and from those limitations waxed strong every day. I as a person make my first online income from bitcoin and I was very happy for that.
Yep, bitcoin indeed has a lot of hurdles to jump through before it can be considered a major world reserve currency and i think that is probably the status that we should aim for as a community.
A status like gold, a symbol of wealth and also a store of value.
Bitcoin is performing great as an investment, but still there isn't a lot of stability in the price of bitcoin. It's quite unpredictable and can make your life suck if you hold bitcoin and it crashes. But still, the decentralized nature of bitcoin makes it trustworthy unlike central banks.