As soon as a person tells us to invest in the bitcoin, here is the first thing we say: "the bitcoin is based on nothing, how can it have value? "" Moreover, it is said that it is the currency used by the terrorists ".
If you answer him that it is because we have retained the lesson taught by those who are against the bitcoin or who do not know much about it.
To say that the Bitcoin is based on nothing amounts to saying that the internet has no value.
Go ahead, answer a person who tells you that the Internet is not based on anything concrete and that it is only used by criminals ...
Thank you.
Keep all your money in the bank and ...
Question : Why do we keep all our money in the bank?
Basic answer : Our money is safe, we have insurance and it is always better than putting our money under the mattress.
If you have all your money in the bank and think it is safe is that you have never read the operation of a bank.
This is something I sometimes find improbable. Indeed, why are we reading the leaflet of our appliances, hi-fi or computer, but we are not interested in the operation of the device that manages our money?
If you have an answer, you can write it at the end of the article because apart from our childish credulity, I have not the slightest idea.
Putting all of his money in the bank is like operating the most vicious and dangerous system of banks: the system of fractional reserves.
Keep all your money in the bank and you are sure that at the end of each year you will be poorer than at the beginning of the year.
And the A booklet then? It follows inflation well, right? And the ELP , and the LDD ?
🙂 OK. Be aware that at the time of writing, the Paris transport subscription has increased by 4% in 1 year . The inflation mentioned by INSEE is however 0.5% (this is an average of 0.5%) . However, even by averaging the official figures are really softened.
In any case, the biggest danger is that the bank does not have the money it is given. Indeed, it lends money that it does not have through simple games of writing that work thanks to one thing: we never take away our money at the same time.
But how long can this system work?
Ask the Cypriots.
Buy bitcoins and you're safe ...
If you buy bitcoins, you are sure of one thing: they will preserve your purchasing power over the medium term.
Indeed, as I have repeatedly repeated, the bitcoin is a finite currency. Because of this, its value must be appreciated in time because there will be less and less.
Also, the bitcoin meets the 5 main characteristics of the true definition of money.
A means of exchange
One unit of account
A divisible element
Easy to carry
A reserve of value
Indeed, the bitcoin makes it possible to exchange value between individuals, both goods and services.
In fact, the bitcoin is a unit of account because although many think that its volatility does not allow it, you can sell what you want in bitcoin (the object will simply cost more or cheaper the next day).
It is therefore a unit of account which is simply not yet stable given its young age.
Indeed the bitcoin is a divisible currency . Its smallest division is 1 * 10 ^ 8 and is called: the satoshi . It is a small wink to its creator and especially a reminder to show that the bitcoin can be very very expensive in our current currencies. Indeed the bitcoin is transportable , it does not weigh anything at all!
And yes, the bitcoin is a store of value that will protect your purchasing power over time.
This is simply because no one will be able to print more than is possible.
It is so much a store of value that when I write this article that is to say about 16 months after my purchase of 10 bitcoins
What do you think ? Are you ready to take action or stay in your bank investment that feels nothing and is ultra profitable?