Quote from: iBaba on June 12, 2024, 10:18:06 AM

Quote from: Aunt Lydia on June 11, 2024, 12:22:03 PM

What is the future of Bitcoin?

We know where it was in 2009, where it is now (2024), but where is it going?

Will it make everyone free? Will it be regulated and become government controlled?
All normal and crazy theories please Grin

The technology behind the invention of Bitcoin among other digital currencies is revolutionary but what gives bitcoin an edge over others is its popularity, notability and credibility as the first known and widely launched digital currency that spread across world making it the most valuable in the market so far. Big ups to the inventor Satoshi for bringing the monumental invention of Bitcoin technology as an alternative to the centralized system practiced over the years and controlled by the government.

This alone have given the bitcoin the massive attention as a decentralized system of financial system, by extension making it an avenue for people to invest in the prosperous digital currency and making it the biggest thus far.

Bitcoin will continue to attract more investors because despite the volatility thing, every investor wants to see a good result at the end, some investor already understand the concept and the fact that Bitcoin is a longterm investment so before the will think of investing in Bitcoin, they have already position their mind on the long-term since they know that it is the only way to benefit, taking about monetary system and cryptocurrency in general, Bitcoin has no rival, it is the only decentarlized and digital currency whose price surpass others, this is the reason why many whales has much confidence in the continues holding of their Bitcoin asset.
The DCA strategy of Bitcoin has made it more exceptional too, that's to say that excuses in terms investment shouldn't be intertained again, every prepared can invest at any time once the basic knowledge is present.