Why youshould invest in Bitcoin?
Naturally when a lot of people hear about the Bitcoin they associate it with some sort of Ponzi or Pyramid schemes. After all, what we have here is money that is created fromthin air, so why would it be worth of something, right? It
is for that exact same reason that most of the “
” avoid in talking about the
Bitcoin as aninvestment, in fear to discourage people. Furthermore,that is the reason for the writing of this article.
This article's point comes to do the opposite, shed somelight and explain what are the various reasons why anyrational person should invest, even if it's a litte bit, in Bitcoin.
Bitcoin, in it's foundation, is an agreement betweenpeople that a certain digital data piece represents value.
The first bitcoins that Satoshi and the “early adopters”
made had zero value, and were only an experiment to testthis new technology. Later on when people understoodthe potential in the given technology a low initial valuehas been set. People wanted Bitcoins, and were willing topay for it.
A new market was born. People understoodthat Bitcoin, even today, provides somethingthat no company or institution do
theability for the person himself to havecomplete control over his money.
Incidents like Wikileaks donation blockade and Paypal'srequest to destroy an antique violin are only a few withinmany that show the disadvantages of money control by athird-party. The arbitrary commissions these bodiesapply (e.g Paypal's 3.4% for all monthly transactions bellow 5000$, banks' unjustified commissions on any international transactions, bonds, and deeds) shows usthat the goals of these bodies are clearly, with minimalcompetition, to profit on the expense of their customers.