There is no doubt that the value of the dollar is declining over time. Look what you can buy with one dollar twenty years ago and what you can now. To be fair, the matter does not apply to the dollar alone, but to most paper money in general.
So, the existence of bitcoin and cryptocurrencies, but let's talk about bitcoin as a store of value. It is the current weapon of the economy for the individual, where you can collect bitcoin and benefit from the continuous increase in its price, which despite the correction and all of this, is still undoubtedly continuing in the long term.
Why You Have to keep bitcoin ?
I inspire saving bitcoin for their retirement, for their future there is probable no way the value of the US dollar will no longer go down.
I would like to see cryptocurrencies, such as Bitcoin, emerge as part of a different asset allocation that is used in pension money and other opportunities for human beings to shop for the future.
Bitcoin and other cryptocurrencies that are suitable stores of cost I would also like to see folks being capable to use Bitcoin and the cryptocurrencies they prefer and may additionally face anti-money laundering and banking secrecy law hurdles.
If it invests in other cryptocurrencies, like ether, it in all likelihood doesn't. The solely thing I honestly recognize is bitcoin that would not imply now that ethereum may no longer have benefits either.
All this I prefer to buy and preserve I motivate human beings to purchase and keep I motivate them to save bitcoin for their retirement, for their future.
And for the reason that Congress is spending trillions and trillions of dollars, flooding our financial system and the world financial system with US dollars, there is no way we can't underestimate the price of the US dollar. So I am worried about having all of our retirement cash denominated in US dollars.”
That one has to have a varied portfolio as part of diversification, having a very varied distribution of assets, so you do not have all your eggs in one basket, I think one of the strongest stores of long-term cost is bitcoin.
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By @natalia-irish
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