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Bitcoin, which started as an experiment, is one of the most spoken assets. From a small group of technology lovers, the idea spread quickly and found its place among the masses. Why is considered a value and adopted as an investment strategy by large companies and investment funds?
Money for the modern era
Bitcoin idea [https://swapped.com/blog/what-is-bitcoin] It started during the 2008 financial crisis. Satoshi, an unknown entity, started from how banks control the financial system and published the white bitcoin paper, which showed the basics of new decentralized digital criticism. Not long ago, the first block of Bitcoin Blockchain was extracted.
Bitcoin coincides with the best mixture of money and gold. I collected the scarcity of gold and the US dollar hat. It enables individuals to control their wealth by owning one of the assets that are estimated at the passage of time. Finally, users make their own decisions and have a real ownership of their money.
A word on value
The value is a word that you may have heard several times. How is it defined? Basically, the value indicates the value or the importance we attach to something. The idea of value can be objective or subjective, depending on the context. For example, it does not exceed the value of family legacy, unless it is made of precious metals.
As human beings, we have always set huge importance to rare things. From gold to diamonds, these organisms carry more value because it is difficult to obtain. On the contrary, common elements cannot be valuable, because they are common.
How does everything relate to Bitcoin? Humans, for trade, always try to develop money. Initially, the only purpose of money was to exchange value. Throughout the ages, societies have advanced and developed and yearned for ideal funds – not only for transactions but also to store value. Initially this was gold. Now it is Bitcoin.
Digital gold and ideal criticism
Bitcoin is the new shiny object that everyone talks about – it’s clear. What makes it special, and why is the final ultrasound money?
Decentralization
Unlike the banking system, Bitcoin is not controlled by a central entity. It works on a counterpart to analogy, which makes it resistant to censorship and protected from the government’s intervention. In order to stop bitcoin, every knot must be stopped, which is almost impossible.
Secure
All transactions are checked by miners rewards in the coins of their effort. The encryption technique is the basis of this digital currency and guarantee its safety. Currency Fiat is supported by faith. Bitcoin is supported by mathematics.
rare
There will be only 21 million coins, making them more rare than gold. The limited width of bitcoin increases its value over time with the passage of attention and the currency continues to be dismantled.
Globally acceptable
Whether as a way to exchange and store value, Bitcoin is recognized and accepted all over the world. In her early days, she had a bad reputation in her use by criminals, but with recent developments and institutional interests, she is now displayed in a more converted light.
Solid
Digital bitcoin by design. Thus, it cannot be destroyed or lost. It is safely stored as a Blockchain record, fortified of physical damage or theft. As long as you have your keys, you can access your coins.
Divisible
Unlike gold and like criticism, Bitcoin is very divisible. Satoshi, the smallest unit, equivalent to 0.00000001 BTC. This feature in particular allows not only storage but also the use of bitcoin for purchases.
transparent
All transactions are saved on Blockchain Bitcoin on the notebook of the General Professor, making it easy to verify and track. While personal information has not been revealed, this guarantees a degree of privacy and false detection.
Unlimited
Any individual is able to send a quick and low -cost transaction across the border without the need to share any mediator. Bitcoin is available everywhere and provides access to financing even in the poorest areas on the ground.
Next adoption and future
With Bitcoin and more institutions that add this digital gold to their public budgets, the purchase pressure is here. Not only are the retail investors who accumulate; Companies also joined. The development of Bitcoin may include more improvements related to quantities and simple updates to secure the future of the network, but Bitcoin has already created itself as the best performance in the contract. Over time, Bitcoin may turn into the following backup assets that mainly countries keep. One of them is certain: BTC is here to stay, and as the proverb says, “If you cannot overcome them, join them.”
Are you ready to invest? Choose swaped.com
Swapd.com was founded in 2021 in Arhus, Denmark, by Thomas Franklin and Jonathan Pau, who had a vision to create an easy way for people to buy and sell cryptocurrencies all over the world. Quickly forward now; What was just a concept that developed into a platform used by hundreds of thousands and creating a shock wave in the industry that made the largest players notice.
Transparency is not optional – it is necessary, which is why the statute provides an overview of competitive fees to allow users to make enlightened decisions. This is exactly why Swaped.com is the best way to buy Bitcoin [https://swapped.com/buy/bitcoin] connected.
*This article was paid opposite. Cryptonomist did not write the article or the basic system test.
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