Why is Bitcoin going up? Why Hedge Funds, Institutions, and Whales Never Told You

 

In our beautiful world, the total wealth of the world remains unchanged or is rising below the amount of money issued. When central banks around the world print more money and if new printed money exceeds the amount of money already issued. The currency devalues or the purchasing power of fiat currencies decreases.

Let’s learn this concept in detail. When a bank prints money, it means its a debt issued by the government in disguise, and this debt is constantly depreciating. The reason is very simple to understand. The government’s debt can’t be reduced by just printing money. In addition, this debt passed on to legal buyers like us. If you have highly valued savings accounts, you have the chance to lend your money for interest. But what about low-income people? There buying power suddenly reduced, and they have no choice other than to increase their earning potential to some extent.

Let me introduce you to Bitcoin. A high-quality asset. Did you know no one in this world can eliminate Bitcoin? Because it is only possible when the internet completely shuts down all over the world. Another fact is that a certain regulation will increase the Bitcoin price immediately because of transaction costs. Are you missing this bull market wave? Don’t worry, another is near because Bitcoin always requires an emergency of printing money.

But the next surge in Bitcoin will definitely require an engine. This engine is called the decision of right to print money. If you still do not understand, let’s learn some fundamental concepts related to Bitcoin.

1. Bitcoin is decentralized. No one in this world, including worldwide governments, has the ability to control the price of Bitcoin.
2. Holding Bitcoin gives you the weapon to defeat the current inflation.
3. Bitcoin is deflationary, but the disadvantage is that you always need to find liquidity.

Remember, Bitcoin is a complete legal system that has its own exchange and transparency like gold. If it is abandoned by some people, it will be picked up by others, just like it is sold by some people and bought by others.

Did you know what the actual value of paper money is? Zero or nothing, in reality, printing power behind legal tender will always decline and cannot be regenerated. But it is possible if the entire world develops a currency that is backed by gold. Is it possible?

What about current fiat currencies and where they will return? They have only one choice left, backed by decentralized virtual currencies represented by Bitcoin.

AWESOME! Now that we have reached our point, Bitcoin will dominate our world. Thanks for reading, and follow me for more informative tutorials.