Bitcoin Could Replace Money As We Know It - Deepstash

Bitcoin Could Replace Money As We Know It

Bitcoin Could Replace Money As We Know It

... because it is scarce, secure, and unique.

  • Bitcoin has a fixed supply— there will never be more than 21 million in existence.
  • They also have a stable supply because, like gold, bitcoins are mined.
  • Bitcoins are the only good defined by absolute scarcity, which makes them immune to manipulation.
  • It’s also incredibly secure. The public ledger, known as the blockchain, keeps a record of all recent transactions. Everyone can see it, and it is backed by every computer on the network, making it near-impossible to manipulate.
  • The best part is you don’t even need a central authority to oversee it.

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gra_maa

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