I know about crypto and everything in general but I am having difficulty to understand one thing about it. Why crypto or bitcoin is better than money ?
I mean I know the block chain technology is revolutionary and it has many benefits, it is being used by all crypto. Money is used to buy goods and services and there are very less businesses accepting crypto and still the prices are rocket High.
This Crypto trend looks more like share market company evaluation rather a legitimate currency. Moreover all government have there own currency, goverment cannot let that sink and can ban these. Can someone explain to me the value of Crypto as a currency when compared to real money ?
I think it is simple, the explanation is that the FIAT currency will always be exposed to inflation, even the dollar or the euro are open to these problems, while BTC and cryptocurrencies are not, with FIAT money debt is generated, with BTC and cryptocurrencies the debt is eliminated, you enter a totally deflationary economy.
Currently the world economy has been in a turn of active and passive alternation thanks to the pandemic, that is why in Europe there are many activations and deactivations of the economy, since the confinement has caused the flow of money to fall, for now. the economy that moves the most is that of BTC and cryptocurrencies. I think that the best investment portfolio lies in having investment in gold, real estate and BTC with cryptocurrencies, that is the best way to have a superior economic position and that can withstand sudden changes that may occur worldwide, including fundamentals like Covid, war and other similar things.