Bitcoin as a tradable asset gains more popularity than ‘bitcoin as a medium which brings financial sovereignty'. Amid the rise of growing popularity among crypto currencies and the big players manipulating the market, the vision is getting limited to what would happen in the crypto world instead of how it is gonna make a difference in the world.
It is true that the popularity is among the traders and investors, these are the early adopters who adopted bitcoin as a part of wealth creation. But those who needs bitcoin the most owns nothing. Even worst, majority of them knows nothing about bitcoin. It is just a fad of jargon among traders and gamblers. This notion alone keeps them away from acquainting and acquiring bitcoin. The real solution to those problems are still yet to be understood.
The so called bitcoin promote it as ‘why bitcoin and not fiat currency’ instead of buy at the dip and sell at the top. When it comes to share holding of a company, it is two separate entities that works as a shareholder and a promoter. The promoter might be the CEO or a founder, because he want his company to fulfill its why. Share holders are meant to do fundamental analysis only. But the case with bitcoin is different. The pseudo name disappeared for ever as it seems and promoters should be able to identify the crisis and act in accordance. But the necessity and demand never ceases bitcoin from expanding further. It will reach the hands of needy. As of now, those who needs the most are the one who knows nothing. Living among poor financial managed laws, it is difficult to make the money away from inflation. But with bitcoin it is possible.
Those who embrace the idea turns into a promoter than an investor. There are two types of typical investors, the one who is greedy and the one who is visionary. The former is no scarce, but latter is. We need more visionaries to make bitcoin as a fiat form of tradable medium. The more people get to know about bitcoin, the faster they become independent.
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