It should be obvious why we need Bitcoin. Simple, without it we could not convert our digital wealth into real usable money.
Money for gas, groceries, whatever whim you might have. I just used my Coinbase shift visa debit card to buy a movie ticket and put a few gallons of gas in my car. This fact is a no brainer to those of us involved in crypto currency for even a few weeks.
Without bitcoin no digital currency would yield the power that we see happening and the fresh frenzy behind it. The FOMO effect seen in the market the last few weeks is good for all of us trying to create wealth in this digital goldrush. The FOMO effect while it lasts and I personally hope it lasts a long time. I think it will because those folks ignorant of this new way to make money is just now coming into the main stream.
While I knew about Bitcoin years ago I didn't get into it until December of 2016. In a short six months I witnessed something truly amazing as have all of us. One of the greatest benefits of the rise in Bitcoin value is the return of profitability for mining bitcoin.
Even a small invest in mining contracts you can create a decent income or at least the hope with a small contract that small amounts of bitcoin if held onto could realize incredible worth in light of analysts predicting one Bitcoin having the value of $40k by 2020.
This outlook is amazing and I believe will continue to drive the FOMO effect. With this continual growth, I think we will see parallel growth in other cryptocoins. I'm hopeful that this trend will continue and that crypto coins will have a much greater influence on the world economy.
This possibility should be a nightmare for the elites and the banker/slavers like the Federal Reserve and the Rothschild banking cartel. Imagine every man equalized by having true wealth free from the control of government and national bureaucrats.
STEEM and other crypto coins are the vehicle for potential economic freedom for the masses.
Lets keep going full STEEM ahead my friends and may you all live long and prosper!
Chris Gilbert