Post
Topic
Board Bitcoin Discussion
Re: Why is Bitcoin seen as a gateway to financial stability?
by
Oshosondy
on 25/07/2024, 08:41:43 UTC
One of the main factors behind Bitcoin's rapid adoption is the misconception people have that Bitcoin is quick rich scheme.
I do not agree with this. The main reason people invest in bitcoin is because they want to invest in something that can hold them money. Also the other reason is because bitcoin has good past record and they see it as a hedge against inflation. People already know that bitcoin is not a get rich quick and they prefer to gamble with altcoins, most especially the meme coins since last year.