The surge in attention Bitcoin is receiving the last few weeks has me thinking about the reasons why the average person would purchase some.
Iv'e concluded that there is no predominant reason, but many different reasons why a person might be drawn to Bitcoin.
- Some people view it as a revolutionary invention that restores individual financial sovereignty.
- In some countries raging inflation is causing people to buy bitcoin as a hedge against it.
- Some use it as a currency to get discounts on their purchases through sites like purse and overstock.
- Speculators and day traders might look at bitcoin as an avenue to make some quick profits.
Thanks for taking the time to read this. What attracted you to Bitcoin and what do you view it as?