Before i get to the point, let me tell you a brief story..
When i first saw Bitcoin i thought it was just another random thing about the Internet
where you could buy in-game stuff and keep it digital...
It never passed through my mind the possibility for it to be actually an exchangeable currency.
It's been less than a month since i started to get involved into it and so far i don't understand
how there is so much resistance about it...
It reminds me of smart phones when they first came out; i never wanted to have a touch screen.
I liked the old fashioned keyboard.
Humans are adaptable beings naturally; so i had to adapt and i think the smart phone is an
awesome tool not many know how to use properly.
How many of us pass through feeds many times daily, specially when the day begins?
It was not about the keyboard; it has to do with everything that can be done with a smart phone.
And the same applies with Bitcoin. Watch this video and listen to what this Crypto Genius have to say.
These are the benefits from getting involved into Bitcoin.
- It teaches you Finance.
I used to be good at Math; but this is much more important and i knew nothing. School doesn't teach this and anyone at any age/location can start learning now.
- Teaches you how to be your own Bank.
Rather than letting other people control your assets; it's best to learn from your own mistakes and actions. It's a long term investment where only you control what happens with your earnings
- Shows you the way the world can be changed through the Blockchain technology.
Decentralized is a powerful concept. It makes you understand how it cannot be stopped and how Interconnection is going to another level. It's not about currency only with Bitcoin; there are multiple alt coins with different functions being developed thanks to Bitcoin's technology.
- Teaches you how the current traditional money system is far away from fair.
When you want to send money over the internet for any need you have... there are high fees, my country Ecuador gets complicated to just send money over the Internet. Money is just a paper people give value, supposedly backed up with gold. Bitcoin is the digital gold backed up with a consortium of people agreeing globally about it's price.
Think about it... who sets the price? the government? the Illuminati? The hackers?
Nope. It's the people over the world joined together making decisions in real time that changes it's price. The more people join, the more money they belief it's worth investing in it, the less Bitcoin available there is... the Higher value and usage it will have.
It just dropped from 20K to 13K.. so what? a year ago it was 1K and the next one probably will go even Further.
Why would it go higher? just google all the utilities there is with Bitcoin. Just Coinbase is getting 100.000 new users daily.
It has reach 600 Billion Market Cap and it's still growing.
And don't take it from me; I've been following many mentors to learn properly what is Bitcoin.
I highly recommend Tai Lopez and the people he is bringing into Youtube Live streaming.
Just forget his name and everything haters have to say about him and focus what they talk about Bitcoin.
Does CryptoCurrencies have Long Term Utility?
It can be used even if you have debts with banks; no one can touch your money
Anonymous; no one have to know what you do with your money or ask permission before you do it.
Cheaper fees and faster transactions than most common paying services
Allows people to have "Bank Service" where it's not available (Africa for example)
Sending money to your family in another place in the world couldn't be easier, safer and faster.
And much more...
Watch the full video to get a great insight of what Bitcoin and all CryptoCurrencies are really after.
This is not a financial advice; but make sure you understand what is Blockchain
and how it's already changinng the way Internet works.
I just wanted to share my point of view for Crypto Currencies; and these powerful videos.
It's changing the world even if you don't belief in it.
Ignorance kept me away from development.
Make sure you comment below what you think about it; or if you have any valuable links related go ahead! post them.
Thank you :)