Bitcoin can protect people from :
1. Money inflation, that's meaning when the price of money of your country go down, your assets is still safe because bitcoin is cryptocurrency.
2. Devaluation, protect you when the goverment make a decision to lowered the price of money of your country.
3. Depresiation this same with devaluation, just because different reason or the goverment.
4. Natural disaster, protect your assets when your place got a natural disaster, because you invest your assets in digital.
5. Crime, protect your assets from s crime activity
Maybe another friends can give you another answer. Thanks
1. Money inflation, that's meaning when the price of money of your country go down, your assets is still safe because bitcoin is cryptocurrency.
2. Devaluation, protect you when the goverment make a decision to lowered the price of money of your country.
3. Depresiation this same with devaluation, just because different reason or the goverment.
4. Natural disaster, protect your assets when your place got a natural disaster, because you invest your assets in digital.
5. Crime, protect your assets from s crime activity
Maybe another friends can give you another answer. Thanks
Good answer, this one.
And I would like to add, if I could, a simple link. This is also a little bit adding on my two cents to @dothebeats, about bitcoin being a store of value.
https://www.independent.co.uk/news/world/europe/customers-at-cyprus-biggest-bank-stung-by-60-raid-on-savings-8555078.html
What does bitcoin protect us from?
Governments.
Can you imagine losing 60% of the money that you had spent your blood, sweat, and tears earning?
And someone just has the gall to come in, and tell you it doesn't belong to you anymore.
And bitcoin solves that issue. When it belongs to you, that means that it belongs to you alone. And that's worth everything. It is true ownership. Such a creation has never been seen before in the history of money.