More and more good news has been out about Bitcoin in the last 12 months!!
Japan has been leading the charge on price increases/higher demand as a lot of volume has been coming from them. They are poised to "double digital payments" according to their strategy from government finance sector FinTech. More and more cashless payments and digital payments are starting to happen around the world.
Now we see more demand out of Britain. A company called Hargreaves Lansdown, which is Britain's largest online platform on trading, is set to expand their services to their customers. A similar thing that has been going on in most countries as banking and market sectors are wanting to get in on Cryptos before they lose their chance at cheap coins.This is important because the more people buy up bitcoins and hold them for long period of time, the lower the supply gets and higher price will go. The more people involved in bitcoin the more likely a steady rise of price over time happens and less chance of any particular group has of dumping/maintaining power of BTC. In other words, we want more people to own a portion of BTC to help keep it stable.
Bitcoin as a future store of value is becoming more and more popular as people realize and are exposed to what a Cryptocurrency is and how it functions.The most important reason being that BTC isn't being devalued year of year like the US Dollar is. But the obvious reason I think most people see is that it limits the ability of government to constantly crease debt in the shadows and limiting war(as we know big banks finance for guaranteed re-payments of course). Who really knows and understands their country's finances?? Most don't... Most people would be able to understand how many Bitcoins will exist and the time table for bringing them into existence, 21,000,000 in total~. Can anyone one of us say how many more USD will be created and how much more it will be undervalued by?More and more people are exposed to the benefits of not being able to print more fiat money out of thin air at the whim of political interests being another obvious benefit.
Here is to hoping you own some Bitcoin and continue to purchase some! :)
Sources: http://www.investopedia.com/news/britains-largest-online-trading-platform-allow-bitcoin-investments/
https://www.cryptocoinsnews.com/bitcoin-booms-japan-aims-double-digital-payments/
http://www.cnbc.com/2017/05/25/bitcoin-flying-as-etf-gets-second-shot.html
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