Bitcoin is too important to be ignored

By Lucasgaio | Cryptoscience | 7 Apr 2021


Bitcoin is a digital and decentralized cryptocurrency, described in a document called "Whitepaper" in 2008, by a person or group of people whose alias is Satoshi Nakamoto. In 2009 it was launched on the market and has since undergone a considerable increase in the value and volumes traded. Today this growth has reached a point of no return, now it can only go up.

What makes it so special?

Let's start with the basics: Bitcoin's biggest advantage is that it was the first to appear on the market. It seems obvious but this has allowed the development of a community of people who develop, invest, trade and use Bitcoin.

Bitcoin is the cryptocurrency with the highest number of active developers compared to thousands of other competitive projects.

Furthermore, the second thing that makes it special is its decentralization: no one knows who its developer is and so no one will ever be able to censor or ban it. Bitcoin is free.

It cannot be ignored

The limited supply of 21 million and the growing demand from institutions and retail investors mean that the price of Bitcoin is constantly growing. Over the course of 2021 it has been shown that interest in this currency is extended to many large companies and investment funds that have acquired large quantities. Big companies like PayPal and Visa are starting to trade it alongside the dollar. Now no one can stop him.

The Bitcoin marketcap took a sharp surge after the last halving and recently crossed $1000Bn. The absence of institutional restraints for this cryptocurrency will soon lead to skyrocketing price values ​​and finally mass adoption.

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Lucasgaio
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Having survived more bear-markets than I wanted to, I'm a pharmacist who likes crypto. Follow me on X: https://twitter.com/Lucasgaio_ Follow me on DeBank: https://debank.com/profile/0x1cd7b2c89cd42580bec1844087f62060edd80d75


Cryptoscience
Cryptoscience

A blog that speaks about science, a passion that has accompanied me since I was a child. My goal is to spread scientific culture all over the world, starting with cryptocurrencies.

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