Many people, pseudo-bloggers, pseudo-experts or investment specialists spread without any support (I doubt they are economists) that Bitcoin and its valuation in recent years have the same end as the European economies (Spain and Greece the most devastating) or the same American banking bubble that cost him dearly and so far are not replenished.
The first thing to understand is that a new currency or type of transaction allows economies to grow because it is fresh (even virtual) money.
Then there is what we call the Multiplier Effect. To give you an example. Your wife, children and you form a same economy at home, if you give money to your wife everything is the same because it circulates between you, it is like passing a ticket from one pocket to another. If another person comes and gives money to you or your wife, then your economy grows, not only because it is fresh but you can invest it and make it grow even more.
If you buy an item, the store will continue to invest in new products to earn more money, that is a multiplier effect.
The same happens with Bitcoin, investments are being focused on it and this makes its value increase and generate more profits, the level of confidence, determinant in any economy, has grown and increases a lot every day and it must be said that Latin America is not yet fully educated in personal finance.
The economic bureaucrats have their origin in the lack of control and excess of subsidies in the nations to mention some reasons.
Bitcoin has a mine boundary that would end in about 1200 days and then be fully established.
The Bitcoin has more than 700 altcoin with which it can be exchanged and allow to recover investments and to generate others more. It's like having the 700-country coins you can trade next to the bitcoin.
Bitcoin has the backing of people but every day businesses and banks add to it, increasing its value with historical ceilings, we are talking about more than 10,000 dollars before 2019. Its ease of use and security will soon be in the exchange currency most important in the world above the dollar and the euro.
Bitcoin is not a speculation or a bet, it is a new way of doing decentralized economy and we all deserve to be.
I invite you to join me in:
