I’ve been trying to convince my family to buy Bitcoin over the last few years. I’ve had limited success. I’ve convinced one of them to buy some recently. I hope it will spark her/his interest. Lets hope it goes well.
With the everything lining up for continued growth and development of Bitcoin and related technologies, I’ve decided to give it another go to convince my family. I stumbled upon the video below which I hope my family will watch.
Bitcoin is a digital and global money system currency. It allows people to send or receive money across the internet, even to someone they don’t know or don’t trust. Money can be exchanged without being linked to a real identity. The mathematical field of cryptography is the basis for Bitcoin’s security.https://simple.wikipedia.org/wiki/Bitcoin
I’m convinced. With 0% downtime since it’s inception 2009, a maximum supply of 21 000 000 Bitcoins ever – there will never be enough for everyone. It seems better to own fractions of a Bitcoin than none. The risk reward seems great to me. You don’t want to miss the greatest technological innovation, since the birth of internet.
If you are still not convinced Bitcoin is here to stay this is a must-watch-video.
I don’t like all of this fast finance, it make me uncomfortable. I want to sit at my kitchen table every Sunday and balance my checkbook. And make sure none of my checks bounces. I don’t like all of this electronic instantaneous global transfer. It scares me, who knows?
The only things that can stop Bitcoin in my opinion is a better technology or solar storms . It’s not my area of expertise though.