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Buying Bitcoin is the best way to protect yourself from inflation. Since central banks are always making more money, it's getting harder to buy things with fiat currencies. While, if you want to exchange or buy some quantity of Bitcoin or any cryptocurrency, you need to complete the entire process online but bitqs.io makes investing so easy as it is simple to use that comes with incredible recent innovation.
M2, a broad measure of how much money is in circulation, went from $15.4 trillion at the start of 2020 to $21.18 trillion in December 2021. M2 is a measure of the money supply that includes cash, checking and savings accounts, and near-money instruments like Treasury notes and money market funds that can be quickly turned into cash.
This means that 37.53 percent of all the money in circulation, or $5.78 trillion, has been added. People who don't mind taking risks might want to use money from the normal financial system to buy bitcoin.
People who want to keep their money safe pay more for Bitcoins because there are only so many of them. This is true because more rubles and bitcoins have been traded recently. This is what happened when Russia invaded Ukraine on February 24, 2022, and the rest of the world put in place sanctions to punish Russia.
Over the past 10 years, Bitcoin has done better than most traditional assets, and this is likely to continue. Bitcoin is the only money in history that has all the qualities of good money: it is hard to get, lasts a long time, can be split up, moved around, and traded for other money.
Bitcoin is more likely to keep doing better than gold and fiat currencies because it is better than both of them. Long term, the price of bitcoin might go up by an average of 60–70% per year.
Every second, minute, hour, day, and year that goes by makes it more likely that Bitcoin will still be around in the future. Since they give it more shocks, it trusts them more. It's also important to remember that this goes along with the quality of antifragility, which is when something gets stronger or more resilient every time it is attacked or put under some kind of stress.
Because of how bitcoin works at its core, every smart market player will (and should) slowly increase the amount of bitcoin they own. Buying some bitcoin would be the best thing to do. But you can only use this method so often if you don't have enough money. Cash also lets you pay your bills and do other important things.
For example, a real estate investor needs fiat cash on hand to pay for things like property maintenance or bank debts. So, the goal is to make more money so you can buy bitcoin without putting yourself in danger. If you have money from the legacy system, you can use it as collateral to borrow fiat currency. Buy bitcoin and pay off your debts with the money from your assets or the rise in the price of bitcoin.
Some people might think it's risky to borrow money to buy bitcoin, but that's not the case. Borrowing money to buy bitcoin is one of the best business ideas we've ever seen. In the future, if the price of bitcoin goes up, debts paid in fiat currency will be worthless.
Because it can't be changed or broken into, the way Bitcoin works with money is appealing. No more than 21 million bitcoins will ever be made. People who borrow in a currency that is growing instead of one that is stable and not growing will be able to build up long-term capital faster than those who don't.
Bitcoin has a specific value. You can send money and get a piece of it right away with Bitcoin. The only thing that makes it possible to do transactions is the Bitcoin network. Transaction processing is what lets people trade bitcoin, which is the asset and is money. The system figures out how much something costs based on Bitcoin.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.