April 19, 2024

Do you think I am right about Bitcoin?

Bitcoin- many people, including those who sit in a smartlab, believeThat maybe Bitcoin will someday be able toreplace the currencies of different countries, and that is verypromising to invest in bitcoin, etc. Especially after the quantitative easing of the US Federal Reserve, many believe that inflation is not far off, that paper money needs to be tied back to gold, or already switched to a currency that seems to be something you just can't print, for example, bitcoin. But my guess is that most people, governments and corporations on the planet will vote for stability. And just the same Cue Ball does not correspond to this fundamental component of money. It's too volatile. Of course, there are freaks who will be happy with volatility, but this is already a clinical case. Imagine switching to Bitcoin in your country today. It seems that you are doing everything right, working, investing, buying or selling real estate, and the bitcoin rate jumps 300% up and down 100% every month, for example. I will give this perspective. No other currency in a normal country jumps like that in such a short span.