April 24, 2024

About bitcoin

As skeptical as we may be about Bitcoin and other digital currencies, they are gradually becoming toys forgeeks and those who do not want to be in the "matrix" are becoming part of the global financial system.
This is especially true for Bitcoin, which claims to be an analogue of gold, only in the digital world.Such an analogy is not accidental, since there are many similarities between these two assets – both are limited in their volume, both need to be extracted and spent money and energy on this, both do not deteriorate.And even the physical nature of gold is not an advantage, since it cannot be eaten, and jewelry made of it is only a small fraction of consumption.But bitcoin can be transferred to another person anywhere in the world in minutes.
You will say that this is just a dummy, a transfer of energy, graphics cardsand servers that people pay crazy amounts of money for, and when everyone realizesHowever, the main phenomenon of the value of both gold and bitcoin liesin the mass recognition of them as an equivalent of value that does not depend onThere is no central bank, and there are no alchemists who will turnLead to gold, and dollars to bitcoin.

Cryptocurrency mining provides income to the electric power industry and, as a result, to the coal, nuclear and other industries; Earnmanufacturers of computer components, exchanges, exchangers, etc. And the bigger the bitcoins will beAnd this means that investors will begin to use it to pay for ordinary goods, the greater the recognition.buy this digital currency, along with food, raw materials and other goods, when the wave of inflation beginsoverwhelm the world's regular (fiat) currencies.

Here are the first bells:

  • Visa plans to connect the ability to pay for goods in bitcoins through its payment system
  • Tesla is ready to sell its cars for bitcoins and itself invested 1.5 billion dollars in them
  • The first Bitcoin ETF appeared as an easy way to benefit from the growth of this cryptocurrency through familiar securities
  • Morgan Stanley and other investment banks form private bitcoin funds for clients
  • The more people use Bitcoin andits price will rise, the price fluctuations for it will be less, and it will turn into the same archaic class of assets as gold.For me, as a person who is professionally engaged in securities management, this is a reason to allocate a small amount that is not it is a pity to lose (for example, no more than 1% of savings, as recommended by Morgan Stanley), and to understand firsthand how this market works.