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why do we need bitcoin

By December 2, 2021 - 11:55pm

First of all, Bitcoin is a well-protected asset. No matter how hard they tried to protect the one hundred dollar bill from counterfeiting, counterfeits did not diminish. The US Federal Reserve estimates that counterfeit dollars account for approximately 50% of the total amount in circulation. Hacking a bank server is quite difficult, but by and large it is possible. In addition, the financial structures themselves can manipulate clients' non-cash accounts and print as many banknotes as they want. With cryptocurrency, fraud is impossible, which puts it one step above traditional money. In addition, the principle of operation of the Bitcoin network allows you to maintain the anonymity of payments. The governments of 99 states have officially approved the use of BTC as a means of payment. Bitcoin is used to preserve assets and increase capital. You can verify this by looking at bitcoin live charts . According to the most daring forecasts, the price of one digital gold coin will sooner or later rise to a million US dollars. This may be an exaggeration, but it is quite possible that in this state of affairs in two or three years 1 BTC will cost $ 100,000. So the peak of the crypto fever is still ahead.

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