Using Bitcoin as my example, I would like to review the price action for the past 30 days.
Here is a price chart for your review:
This represents 43% increase.
This also represents a growing lack of confidence in world currencies. Whatever is used as currency, it should act as a store of value. Many countries are racing to the bottom. They want their currency to be the weakest so that World trade is easier and more profitable for their countries businesses.
Individuals who do not participate in international trade lose value as their central banks promote inflationary policies. Bitcoin and other cryptocurrencies built on blockchain technology offer a stable store of value honestly. Their value has been increasing rather than decreasing.
Even without the recent 43% increase, cryptocurrency offers better performance than fiat currency.
Here is today's beauty.
