5H·

₿ ₿ Bitcoin: The one thing that could end up staying ₿ ₿

Sometimes there are trends - and sometimes there are things that just won't go away. For me, Bitcoin clearly belongs to the second category. And the deeper you look into it, the more you come to a point where you think:

Maybe Bitcoin isn't just any asset... but THE asset.

Why is that? Quite simply.

Bitcoin is the first form of money that no one can control.

No government. No central bank. No one to secretly tweak the money supply or print bailouts.

21 million. That's it. Over. Out.

While fiat money loses purchasing power year after year, Bitcoin remains mathematically limited - it's almost unfair. It's as if someone has rewritten the rules of the financial system, but this time in a transparent and unchangeable way.

Decentralized money in an increasingly unstable world

We live in a time when countries are more indebted than ever before, currencies are shaky and trust is constantly crumbling. And it is precisely in this phase that a digital form of money exists:

works 24/7 without permission
is borderless
belongs to no one
and remains unforgeable thanks to the blockchain

The longer you think about it, the more logical it seems that something like Bitcoin will sooner or later play an increasingly important role.

Why many say: "Bitcoin will prevail - no matter what"

Bitcoin is not "new" or "experimental". It has been on the market for over 15 years, has been declared dead countless times - and yet it is in a tougher position than ever before.

Institutional investors are getting in, governments are buying, companies are holding it on their balance sheets.

If a system is repeatedly attacked but never breaks, then that is no coincidence.

That is resilience.

Perhaps Bitcoin is not the alternative... but the foundation

Many still see Bitcoin as speculation.

Others already see it as a hedge.

And some have long since understood that Bitcoin is not trying to improve the old system -

but offers a new one.

A system in which the rules are not dependent on people.

A system that is not tied to trust, but to mathematics.

A system that works even when everything else fails.

My honest conclusion

The more chaos the world produces, the clearer Bitcoin becomes.

Maybe Bitcoin won't become the world's money tomorrow - but to me it feels like we're already on that path.

And honestly:

If in the end there is only one form of money left that works globally, is forgery-proof and belongs to everyone...

then Bitcoin would be my tip.

$BTC (+1.37%)
#bitcoin
$MSTR (-2.54%)
$3350 (-2.69%)
#crypto
$ETH (+0.97%)
#langfristig
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#tothemoon

5 Comments

Eselai@DonkeyInvestor

Another orange pilled

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Epi@Epi

A few concerns:

- The distribution of available BTC is still extremely unfavorable. Further distribution has a similar effect to inflation.

- The x-fold derivatives market compensates for the limited BTC supply and sucks up capital. It doesn't matter whether BTC is limited or not.

- BTC is only digital money as long as a local government allows it. Trade ban or internet shutdown - and BTC is de facto worthless.

- As long as volatility remains as high as it has been in recent years, BTC is no good as a widespread store of value. And as long as return expectations are based on the last few years, volatility will remain necessarily high. BTC must first become boring for it to become interesting.

Conclusion: I still find BTC very interesting as a momentum play in the portfolio. It will hardly be able to replace gold any time soon.

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Eselai@DonkeyInvestor

@Epi *Gold will hardly be able to replace it so quickly, for completely irrational reasons

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Jakob C.@Creutzfeldt_Jakob

I'm going to play the advocate diaboli:

I recently made a conscious decision to get out of Bitcoin and Ethereum. These were the only two coins that came into question for me. I'll mention it right away: This has nothing to do with the recent setbacks!

I had been involved with crypto for several years - first very superficially, later a little more deeply. I hesitated for a long time until I finally took the plunge with a small tranche of Bitcoin at around 16k. Despite all the information I had gathered up to that point, it didn't feel like conviction, but rather FOMO.

I gradually added more and more, ending up with 0.1 BTC (average entry price approx. 29k€) and also 2 ETH (approx. 1.5k entry). So not very large amounts, I just wanted to diversify my portfolio and be there should the ride really take off. When BTC went over €100k for the first time, I sold. Why did I do that? Because, from my point of view, I wasn't able to experience the added value that is often advertised, I simply couldn't grasp it.

In my view, 99% of Bitcoin holders are still using it as a very speculative investment in the hope of making a lot of money. A maximum of 1% of holders even think about the technology behind it and the (potential!?) added value. However, Bitcoin is not a technology that has only been around for two years and you simply have to give people time. In my view, after 15 years of this technology, the fog should have cleared more clearly and real use cases should have crystallized.

To summarize: It's more of a feeling that made me decide against crypto as a form of investment, which even the arguments put forward in favor of Bitcoin couldn't gray out.

From my point of view, there are no shades of gray on the subject, only black or white: either I am 100% convinced of Bitcoin (and / or crypto in general) - or not. The former didn't work for me, so I'm out and prefer to invest my money more conservatively in ETFs and shares with tangible added value. To be fair, I have to admit: I still hold shares in $IREN or $HOOD, which means I still take potential positive effects into account - but not as pure play.

So, I had to get out for a moment, or rather, this Bitcoin advertising post (don't get me wrong, it's not meant in a derogatory way!) made me itch to offer a different perspective. And now let's get into the argumentation battle 😃

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Stefan21@stefan_21

Thank you, nice contribution😘

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