2 More Reasons Why You’re an Early Bitcoin Investor

Most inexperienced investors make the mistake of believing they are late to play with Bitcoin. No. Wrong!

Although Bitcoin is the best dog, there is still a lot of space to grow and dethrone the market capitalization of Gold (this is a 10x gain when this happens by the way).

We discuss two reasons why you are still a first Bitcoin investor.

Reason n. 1 bitcoin is Gold 2.0

Bitcoin is Gold 2.0 – its redefined currency – and everyone is trying to get a piece of cake.

Satoshi Nakamoto, the person or group of developers who created Bitcoin imagined the good one day detrroning precious metals and other conventional Fiat currencies:

The main problem with the conventional currency is all the trust necessary to make it work. The Central Bank must be trusted not to debade the currency, but the history of Fiat currencies is full of violations of this trust.. – Satoshi Nakamoto

(Btceth)

Although it has grown considerably, Bitcoin remains relatively cheap, with analysts who foresee that it will reach over $ 200,000 in 2025.

Reason n. 2: Now a generational change is taking place in wealth

Within the next decades, Millenials It will become the richest generation in history. The baby boomers are destined to transmit a huge $ 68 trillion to their children, the largest transfer of generational wealth ever.

Everyone is enthusiastic, except banks.

Bitcoin was created after the 2008 financial crisis due to a serious mistrust in the banks. In the meantime, the Millennials, the generation probably injured more from the banks, are following the example in their distrust. According to the interruption of the millennium-one study of 3 years of 10,000 millennials, the majority (71%) of the millennial reported that they would have preferred to go to the dentist rather than listen to anything the banks have to say.

How to win the generation
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As mentioned by that study: “The 2008 financial crisis was the worst financial disaster from the great depression, inflicting widespread and devastating costs to millions of American families. All in all, over 13 trillions of dollars of domestic wealth have vanished, 11 million people have been displaced by their homes and nine million Americans have lost their jobs “.

Sorry, he is not cutting for Millennials or Gen Z. This is why a quarter of the American millennials who earn $ 100,000 in individual or has $ 50,000 in investable activities that hold or use cryptocurrencies.

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When generational change occurs in wealth, banks will slowly incorporate the cryptocurrency to appease the younger generations or evaporate. This may seem absurd right now, but the data indicate differently.

Here are some key questions to reflect on Bitcoin’s future:

  • Will other cryptocurrencies receive a verified exchange negotiated fund, making it easier for people to invest?
  • Can BTC also overcome a quarter of the gold market?
  • What if BTC replaced the currency of nations afflicted by hyperinflation?

Final thoughts on Bitcoin adoption

The first Bitcoin Tyler and Cameron Winklevoss investors recently said this on the crypt CNBC.

Our thesis is that Bitcoin is 2.0 gold and will interrupt gold. In this case, it must have a market capitalization of $ 9 trillion. So we think Bitcoin could evaluate a bitcoin one day at $ 500,000. “

The market to grow Bitcoin is enormous. We are still in the wild days of Crypto and Blockchain.

Explore: the XRP price jumps 11% after the SEC Tease XRP Etf progress cryptographic unit

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  • Most inexperienced investors make the mistake of believing they are late to play with Bitcoin. No. Wrong!

  • A bitcoin reserve in the United States is coming. Michael Saylor, the fierce lawyer Bitcoin by microstrategy, wants the United States to have the Crypto game.

  • For now, the debate on the cryptocurrency place in the American financial future is just at the beginning.

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