Hi everyone !

Here I will show you several reasons why it can be interesting and profitable to invest in Bitcoin and other cryptocurrencies by looking at the money policy in this world.

- Decentralized cryptocurrencies

Decentralized currencies can be the future of money. We are having a monetary policy in this world that is centralized and controlled by central banks and government. As humans we like to have governments and being controlled in some degree by laws (this sounds strange maybe, but I think it is true). We would be living in chaos if there were no governments or laws in this world. However in the monetary world and Fiat currencies, facts show that for a long time, poorer people get poorer and richer people get richer. Fiat currencies are being devaluated for a long time already and everything is getting more and more expensive. Little by little it is going to boil over and we already see signs of cracking (look at Venezuela, Turkey, France, etc.). We should be starting to open our eyes and try to protect our money. Banks are controlling our money and it is time that this is no longer the case. I realize myself that it is complicated sometimes to do bank transfers. Who is the bank to deny or make it very complicated to transfer money (my own money !) to a friend, or to buy goods ? This is something I have a hard time understanding and it is getting worse. I understand if they would do it if I send money to a suspicious person or to terrorist organizations, but why would they make it so complicated if I want to buy a mineral stone online for example, or send money to a friend that lives in a country outside of Europe (I live in France by the way) ?

Decentralized currencies like Bitcoin are making a stand against these authorities and after 10 years it seems to be working. Being able to transfer money from one country to another on the other side of the world in a matter of seconds or minutes with very low fees is absolutely wonderful and furthermore governments and banks cannot control this ! Transactions of Bitcoin cannot be stopped, ceased or frozen and furthermore you own and control your own money. You can transfer it peer-to-peer without a third party involvement. Not all cryptocurrencies are decentralized, so as an example I used Bitcoin. Please check out for yourself which cryptocurrencies are decentralized and which are more centralized.

- Permissionless

Bitcoin and Ethereum for example are permissionless and this means that anyone can participate in this. There are more than a billion people on this planet (1.7 billion) that cannot open a bank account and that is very sad. In countries like France or the USA we kind of take this for granted, but there are quite some countries where it is a lot more complicated to open accounts. Bitcoin and Ethereum will not have this problem at all since anyone can own it. There will be no banks refusing you to own cryptocurrencies. Governments can always decide one day to completely reject cryptocurrencies and create a law to ban it (you could go to jail for example if you own cryptos), but this would work against them in my opinion and would show that they want to control you or even dictate you. It would make it even more interesting to own it. It means that everyone in this world will be treated equally by permissionless cryptocurrencies and will not get rejected by banks !

- Trust

Trust is something that takes a long time, but we see that Bitcoin is around for more than 10 years and is getting bigger and bigger. People are slowly starting to trust it and I think they are right to do so. Every form of money in the past took time before we trusted it completely (exchanging sea shells for rice, or stones for a cow, exchanging paper money or paying with a plastic card) and this will be no different for Bitcoin or other cryptocurrencies. Fiat currencies for reasons mentioned before in another article of me should not be trusted as much as we do. Little by little people are moving away from Fiat currencies and want to be a part of cryptocurrencies. We can use them for a variety of reasons and within the next 10 years (this is long I know, but it works this way) you will see that a lot of merchants will accept a variety of cryptocurrencies for payments. Trust will come slowly, but we already see growth. When the internet came out people screamed that it was only good for drug dealers, porn, etc. Now look where it is today ! The same trajectory goes for cryptocurrencies.

A lot of exchanges got hacked, a lot of people got scammed by projects with cryptocurrencies and people got their tokens or cryptocurrencies stolen from wallets online and these are reasons for a lot of people to back away from cryptocurrencies and say that it is not to be trusted. The fact however is that this has nothing to do with Bitcoin itself or some cryptocurrencies ! It is not Bitcoins fault that you keep them on an exchange, rather than that you put it on a Ledger Nano S or a Trezor and that you actually own them yourself ! Exchanges can get hacked and so Bitcoin can get taken from these exchanges, but Bitcoin itself did not get hacked or attacked. If you got scammed (I did once get scammed, stupid me for believing in Cryptassist, do not fall for this SCAM !) by a project, then it is partly your fault as well. Do not go for every crypto out there. Pick the ones that are around longest and have shown their worth, development, etc. Once again being scammed has nothing to do with Bitcoin, Ethereum, etc. Keeping cryptocurrencies on an online wallet can be risky as well, since you keep them online. It is better to store them offline. If someone steals your cryptos from an online wallet it means they were able to access your wallet and transfer the cryptos. Once again this is not the fault of Bitcoin or other cryptos themselves.

Trust should be something that people should analyze and think about for a few minutes. It will come to you that cryptocurrencies like Bitcoin and Ethereum should be trusted more than we give them credit for at the moment. People are able to steal your cash money on the streets, humans can steal your bank card, crack your pin code and transfer your money away. There are many reasons that Fiat currencies can get stolen from you, but we generally trust this type of money since it is around for a long time and governments/banks accept it (and control it) as a form of payment or transfer.

All these points are there to show that we are slowly going towards a new form of money (internet of money) and that you should consider being a part of this evolution. Wealth will get transferred to cryptocurrencies and you can step in early and profit from it.

This is not financial advice and I am not a financial adviser. Do your own research and make your own decisions !