I must be honest. In an ideal world, I would not be contemplating using Bitcoin. I do not match the initial adopter profile and in actuality, I’m not a first adopter. I probably count as second or even third tier. Concerning investing, I’d be much happier with an investment of bonds creating a percent annually. I’d be happy sitting in an office working doing my best to offer my company with value. I’d be absolutely happy expecting the institutions of the society, financial and governmental, etc., to operate with high integrity in the interests of the general public.
But, let us look reality. Real wages in the US have been stagnant. Job security and pensions have been eroded to the point where nobody can feel secure. Fraud at the institution resulted in a bailout of the industry and no consequences. The government is locked with no will to conquer the country’s problems in partisan stalemate. Or talk about them in a way that is critical. The huge majority of politicians have ears for those who have power and the money to obtain access. Once in, the politician’s servility forwards the agenda of the class at the expense of the majority of our Bitcoin System review, the environment, and the people as a nation. Then assert them to be global to skirt paying their fair share to support the infrastructure, although corporations have claimed themselves to be individuals under the law to allow themselves more protections and rights.
And despite massive corporate fraud and Banking has been climbing to record highs. What is causing this assurance we have high levels of unemployment. Development is anemic at best. The class is currently performing. Something is askew. All this together suggests that the wealth is based on not fundamentals and manipulation. The flaws in the system that resulted in the crash are possibly worse, and rampant. We have got another crash. The question is not if it is going to happen, but when.
That is what makes Bitcoin a viable choice.
It is perhaps it, although inevitable that this form of digital, peer to peer, money would rise is the defects in the systems which are currently giving a boost to it. As people lose faith in banks and the authorities, they will be searching. They will see the benefits of bypassing the middleman of credit cards. International transactions will begin to happen bypassing the middlemen of cable services and banks. As national currencies destabilize, they will begin to see a digital, non-national, currency as a fantastic reserve currency to hedge against inflation, runs, etc.