Congratulations American friends, $2,000 does not always fall like manna from heaven, even if it is the product of a $3 billion credit that President-elect Joe Biden is processing before Congress, that is, more debt to the account of your children and grandchildren. Considering the fact that never before in history have as many bills been issued as in the last 365 days, the near-zero interest rates that prevent savings, and a skyrocketing inflation, a sudden income of $2,000 will lose value as long as that money remains uninvested.
Image from Cointelegraph
That said, what will you invest your incentives in? It seems that generation z and mellenials are clear: their state bonus will be to transform them into Bitcoins (BTC). Not surprisingly, both youngsters and contemporaries are opting for data and algorithms from applications like Robinhood, something like the Uber of Wall Street, where they play trading by exchanging their fiat money for BTC and other crypto currencies).
But it is not only the young generation that opts for BTC, every day more and more institutions are getting on the train of the main crypto-currency as a method to face the collapse of the dollar, which shows no signs of recovery after the COVID-19 vaccination process. Yes, investment in crypto-currency continues to be a high-risk activity, but at this time it is the best option given the uncertainty of the dollar and fiat currencies as well as old gold.
Faced with this scenario, BTC will continue its journey towards infinity by separating itself more and more from the dollar. Its popularity continues to be strengthened by the confidence generated by its decentralized technology, a situation that the new generations prefer when it comes to investing their money. For now, the BTC capitalization market is on par with powerful companies such as Facebook or Tesla and promises to be this year's number one investment on the planet in the coming years.
