Quote from: Vishnu.Reang on October 28, 2019, 11:47:29 AM

What you have seen till now is just a teaser. The real picture is yet to come. There was a news article published today, which claimed that there has been an 83% increase in the number of US based cryptocurrency exchange users. Despite adverse circumstances, the user-base is growing at a rapid pace. Very soon, it will convert in to higher demand and thereby higher exchange rates.

From the history of bartering to the present, we have observed that transaction tools have evolved. The millennial era with the advancement of technology gave birth to a new medium of exchange, namely bitcoin or cryptocurrency.

It is the timing now because its millennial generation is characterized by its young people being literate in digital technology. Bitcoin users have a consensus that bitcoin has value, this consensus determines the rise in value of bitcoin. Many assume that bitcoin will dominate in the future and be accepted by all parties, but in reality, the majority of governments prohibit bitcoin as a legal payment tool.

Seeing Bitcoin as an investment tool is different from seeing bitcoin as a medium of exchange. As a medium of exchange bitcoin has a blockchain facility that makes it easier for users than gold. but talk of gold safety does not need to be debated again. So comparing bitcoin with gold, it's like comparing apples with oranges.

The increases in transaction volume and the emergence of new exchanges proves that more and more people understand what bitcoin is. Because when we understand something, we invest not only speculate.