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2024-08-31 14:17:25

BitcoinMendocino on Nostr: Next time you hear bitcoin mentioned (then immediately dismiss it as you continue ...

Next time you hear bitcoin mentioned (then immediately dismiss it as you continue working for $s) remember:

- it’s been around for 15 years

- it’s borderless and increasingly accepted globally

- national politicians are discussing its use as a strategic financial reserve

- The world’s largest asset managers (BlackRock/Fidelity Investments etc.) offer bitcoin as an ETF for portfolios

- You can hold bitcoin and pay for goods and services with it using a regular credit card

- El Salvador has adopted it as a national currency (alongside the $)

- publicly traded companies hold it as a treasury asset

- you can hold bitcoin yourself like cash without relying on banks

- For those who view bitcoin as an investment (rather than a superior form of money) it has returned an average of 63% over the last ten years

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Bitcoin began as a niche digital collectible back in 2009. Today with ongoing inflation bitcoin is increasingly being adopted as a better form of hard asset money.
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