Bitcoin the hero we never knew we needed
Since the inception of digital currency’s starting with the creation of Bitcoin by Sensei Satochi in January 2009,
We have gradually grown to understand and also explore more ways to use our finances to generate way more profits than the traditional penny’s gotten from the regular banking system.
Prior to this breakthrough we have all been under the control of various central banks owned and controlled by certain groups of people and companies like the Rothschilds in a way a lot of people might not see a problem with this but if we take some time to look into it a bit more you’ll realize the problem.
Many 2nd and 3rd world countries are subjected to the whims of these central banks because the control the finances of the nation they make ridiculous decisions and force you to go along with them if you choose not to you’ll have to find any means of lending money at probably higher rates from other companies or countries
We all send money from one end to another with the traditional bank as intermediaries between these transactions they charge both sides collect data from the informations given to them these individuals which they can sell to their rich friends in the dark not until the creation of Bitcoin
Then comes the hero in disguise Bitcoin the hero as I call it has made out transactions safe and untraceable keeping both parties anonymous provides more security and also no double pay you only pay a transaction fee while sending funds
My question to us right now do you think Bitcoin will eventually erase the commercial banking sector???
My queston is, are you trolling? Because short answer is no. It isn't a replacement, it isn't even trying to be.
You are not even comparing apples to oranges as the saying goes, you are comparing apples to tractor industry, or what ever is furthest from it. Investing to profits in banking system i guess you mean interest to your money, which is
guranteed, but also eaten away by inflation. Compared to investing to Bitcoin, that is highly volatile and dangerous sector. If you believe in the tech, you might see the bright future of it, but there's lots of uncertain issues to tackle with, that makes it volatile. And how things play out is a mystery to everyone.
I always find it weird when people seem to for the first time realize that money isn't same as investment, and then they compare it to bitcoin, which they see as money, even though it behaves very differently to fiat money, which is has an architechture that's planned for economies that issued it. Bitcoin doesn't have build in economy stimulating architecture. It's comparable to gold, not fiat money.
And for the millionth time,
its not untraceable or anonymous. And i wouldn't take anything bitcoin related seriously from anyone who is claiming so.