BITCOIN'S ECONOMIC BENEFITS – harder than gold & faster than fiat

Bitcoin is back on the radar of many (mainstream) investors as BlackRock – the world's largest asset manager, files for a Bitcoin Spot ETF. It's just the beginning, since many others will follow this opportunity and accelerate mass adoption.

Limited Supply

One of Bitcoins' biggest economic benefits is its limited supply. BTC is the first currency with a fixed ceiling: only 21 million bitcoins will ever exist. This feature makes BTC eventually harder than gold, since gold supply increases by about 1-2% per year – which is already relatively low compared to other commodities and to fiat currencies, that central banks can print in unlimited quantities.

Decentralization and Security

Bitcoin operates on a decentralized network. Its design is intrinsically resistant to censorship, manipulation, and regulation, which means no single entity or government has control over it. Decentralization is the cornerstone of Bitcoin's robust security. Bitcoin's underlying technology, the blockchain, records all transactions across a network of computers. This makes Bitcoin transactions transparent and virtually impossible to counterfeit, providing a robust payment system that offers unrivaled security and trust.

Potential for High Returns

Over the past decade, Bitcoin has outperformed many traditional assets and delivered the potential for high returns. Its performance is fueled by a surging adoption, fixed supply, inflationary alternatives and a growing acceptance as a bona fide asset class. While Bitcoin's journey can be a rollercoaster ride, with dramatic price fluctuations, the overall trend has been a climb up the financial mountain. For those adventurous spirits with a long-term investment horizon, willing to navigate FUD and adversaries, Bitcoin may presents a potentially rewarding investment avenue.

Lower Transaction Costs

Imagine transferring money globally with the ease of sending a text message, and without the hefty price tag. Unlike the traditional banking system and online money transfers that come with a spiderweb of fees and exchange costs to cover overheads and bonuses, Bitcoin offers a refreshing simplicity at relatively low transaction costs – particularly for larger amounts or cross-border transactions.

Financial Inclusion

Bitcoin is more than a currency – it's a passport to financial inclusion. A staggering portion of the world's population is unbanked, without access to a traditional banking system or even a bank account. Bitcoin is the game-changer, a digital key that unlocks economic participation for anyone with internet access. It provides the unbanked with a platform to save, trade, and conduct business, breaking down the barriers of commerce. It's an open financial system that doesn't require any permission to use.

None of the above is investment advice. Do your own research and check the latest news sources for the most up-to-date developments. If you want to dig deeper – The Bitcoin Standard by Saifedean Ammous is a great place to start.