Post
Topic
Board Economics
Re: The Reason Bitcoin Investment will be preferred more than Oil
by
SquallLeonhart
on 22/05/2021, 16:16:11 UTC
Bitcoin will be above most of the commodities or oil that we see around today. The rate for the increase is an evidence. Also gold won't be compared to bitcoin. Bitcoin is used by many for many reason especially for wealth creation and they will keep going into the investment because they want more money. This is a factor that will make it to be fast growing and to be in increase . Storing it is profit, trading it is profit.
True and it will take a while to shift from real investments towards virtual investments, for people who wonder why not big investors are investing in BTC if it is such a good thing. You can see a lot of big names are already engaging in BTC and investing heavily but it will take some more time for more investors and traders to jump into the crypto market because let's be honest, it has been only 12 years or so since BTC first came into existence and still needs some time to get explored.
You can't see those big names every single day, that is the point there. You are going to see them change a lot of things in the future but it is not going to be every single day, like I am sure amazon will accept bitcoin one day that is for sure, and maybe even invest themselves, but that is not going to be today, that is not an easy decision, that is a very big deal so it may take years and years before that happens, same with google for ads, same for microsoft, facebook, and all the other big digital companies.

So long story short I am sure that big companies will "accept" bitcoin and that is just accept, the wall street ones that will end up investing will be even bigger and easier but that is happens like maybe once a month, so we need to be more careful about it, if you expect them every day then you are going to be upset when it doesn't happen for a whole month.