Since 2009, Bitcoin has come a long way. Today, its market capitalization has exceeded $ 150 billion. More and more people are comparing Bitcoin's revolutionary potential with the Internet in its early years.

But Bitcoin is not just a technological, but also an ideological breakthrough. This is a peer-to-peer payment system without a central regulatory authority, which can operate on a large scale.

Bitcoin is already helping protect the populations of the poorest countries that suffer from the oppressive monetary policies of their rulers and the negative effects of the US dollar.

Despite the success of Bitcoin, one should not forget that it is still at an early stage in the technology adoption cycle. Today, bitcoins are bought by early followers who are prepared for both profit and risk.

At the beginning of 2020, the public’s attitude to Bitcoin is very different from the situation in 2010. At that time, few people knew about Bitcoin, and only cipher banks experimented with it.

Everyone heard about the colossal rise in Bitcoin prices at the end of 2017. At that time, the media wrote a lot about Bitcoin, so the general public found out about it.

Media and politicians expose cryptocurrency in a favorable light for them and do not talk about its real value. For most, Bitcoin is a speculative tool for laundering dirty money. Very often, this myth is told by opponents of bitcoin to tarnish cryptocurrency.

In the next decade, Bitcoin supporters will carry out enormous enlightenment work and contribute to its development and mass character. The deeper the public understands the essence of Bitcoin and its advantages for the world, the more the price and mass of cryptocurrency will increase.

Bitcoin has become a worldwide store of value. A recent conflict between Iran and the United States in early 2020 showed that bitcoin is as reliable as gold.

In developed countries, only a few companies accept bitcoins. In the future, the situation will improve - more and more companies will be interested in bitcoin, which will want to benefit from it before competitors.

What other payment technology can boast a capitalization of more than $ 150 billion and has a high growth potential in trade around the world? The answer is simple: only Bitcoin.

The phenomenal rise in the price of bitcoin at the end of 2017 to $ 20 thousand did not leave indifferent the leading media, which immediately began to write about bitcoin and other cryptocurrencies.

They constantly warn the public about the risks associated with bitcoin, and do not even try to talk about its advantages for the whole world. The situation has not changed much. The media is still looking at bitcoin from the point of view of its opponents, who like to express themselves in short polemical phrases in the hope of a viral effect.

But criticism of Bitcoin can be seen as a good sign. Cryptocurrency is still at the stage of joining early followers. In order for more people to know about Bitcoin, you need to talk about it.

Time will tell that Bitcoin is able to withstand any criticism. Regardless of the circumstances, Bitcoin will continue to develop block by block and create a more honest global financial system.

Many criticize Bitcoin for the fact that it is difficult to use for ordinary people. These critics were stuck in the early 2010s.

Of course, perfection is still far away, but it has become much easier for the general public to use bitcoins. Of course, the process of interacting with users has to be significantly improved.

Much more can be improved, which means that Bitcoin has a high development potential, which only contributes to its massiveness and price increase.

Due to the incredible success of Bitcoin, many have forgotten that he is only 11 years old. Critics of Bitcoin’s high volatility should remember that this is normal for this age.

When the bitcoin price volatility returns to normal, cryptocurrency will become even more popular. Bitcoin is a risk and an incredible opportunity.

It is not known how much the price of bitcoin can rise. It is very likely that due to a decrease in the number of new bitcoins in the future, demand will increase significantly. If you decide to buy bitcoins, now is the perfect time, until the price does not exceed $ 10 thousand.

The sharp increase in the number of transactions with bitcoins at the end of 2017 showed that the blockchain needs to be improved in terms of scalability.

The community is trying to find a technical solution for Bitcoin's weak point - technical limitations. Bitcoin will not become a global payment system while it processes several transactions per second.

Comparing Bitcoin with these systems is not entirely correct, since they are centralized, and Bitcoin is completely decentralized. For many months now, the community has been working to solve the problem using the Lightning Network protocol.

Implementing the Lightning Network in the Bitcoin blockchain was not so simple, but progress is already being made. It's risky to buy bitcoins until its volatility reaches its maximum limit. It seems you can still wait. From another perspective, this risk is limited, and bitcoins can be bought right now. When its scalability increases significantly, the price will increase dozens of times, and the earliest followed will receive income.

Bitcoin has already achieved incredible success, although it is only 11 years old. Even more striking is the fact that cryptocurrency is still at the stage of early followers, according to the technology adoption cycle. Now Bitcoin is going through the phase of the “abyss”, on which its access to the big stage depends. Buying bitcoins is still profitable. Now this is done by early followers who take risks, but who can profit in the future.

To take or not to take is up to you.