Post
Topic
Board Bitcoin Discussion
Re: What Inspired Me To Invest In Bitcoin.
by
Marvell1
on 30/09/2023, 08:12:43 UTC
Thanks for sharing why you choose to invest in Bitcoin and like you've said, everyone has their own reasons why they choose to invest in Bitcoin, mine isn't necessary about the fast transaction speed, as this point isn't that valid, Bitcoin transaction speed isn't the fastest, and I am not ready to rule it out just for the transaction speed.

Just so you know, many Altcoins have better transaction speed than Bitcoin and that doesn't make the altcoins better than Bitcoin, so I don't want to use transaction speed as a plus reason why anyone should ignore Bitcoin, it's not even a plus.

But if you compare using bitcoin to transfer money across borders compared to bank transfer methods, it is clear that bitcoin is much faster and safer. Altcoins are faster than bitcoin, but to do that they have eliminated decentralization and are completely centralized so they can have faster processing speeds than bitcoin. So it cannot be said that altcoin wins in this case.

Bitcoin is the oy digital currency that starts as a true decentralized coin and stays the same for years, its proven to be a real decentralized coin and that makes it a reliable one for my taste, I don't like living under the power of the government and Bitcoin is the only coin that brought me out of that tight spot already.

This is my one and only reason why I will always have Bitcoin, and the second part is all about the value and money that Bitcoin can bring to your door in the future.
Of course, financially, bitcoin gives us freedom from government control but I don't think that's the top priority. I think its profit is what we prioritize and care about more,  then privacy.