Why bitcoin is so popular?
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Hey, I’ve been hearing a lot about Bitcoin lately. What’s the hype all about? Why is it so popular? For couple of years i hear more and more about such thing as bitcoin and you know, i can say that i know nothing about it at all, so can someone share some info with me please?
Yeah, Bitcoin has been getting a ton of attention. One big reason is its potential benefits. For starters, it’s decentralized, meaning no government or central authority controls it. I cannot say a lot about it for sure. For me it is like bounty jungles, that are very hard to explore really
Absolutely, that decentralization is a game-changer. It gives people more control over their money and reduces the risk of government interference or inflation. Plus, the supply of Bitcoin is capped at 21 million, which makes it deflationary in nature. Unlike fiat currencies that can be printed endlessly, this scarcity could potentially protect against inflation and devaluation of the currency over time. You do know, that this all is only statistical information, right? And in order to understand everything, you need to actually buy it and try to calculate profit. There are a lot of apps to buy bitcoin in usa and i think that it is clearly possible to use them. Good luck
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