13 years ago. Is Satoshi Nakamoto thinking about it for Bitcoin?

Thirteen years ago, on October 31, 2008, Satoshi Nakamoto published a free Bitcoin document titled "Bitcoin: Peer-to-Peer Electronic Cash System".

However, for some to call it a digital business would be amazing. Investor and critic Balaji Srinivasan recently concluded:

Bitcoin is extremely profitable in the long run not only because of its sophisticated technology, but also because of its simplicity, global presence, community, and the defensive relationship that underpins it. .

Not only does Bitcoin now hold the market value of the market with a share of over $ 1.13 trillion, it also accounts for 99% of entry last week. CoinShares noted that as of October 25, a total of $ 1.45 billion has been invested in assets.

As we mentioned last week, a lot of work has been done with the approval of Bitcoin-centric ETFs. Advertising products, considered the subject of marketing, are also associated with the use of heritage by many people.

Global adoption and data exchange provide good reasons for Bitcoin as well. According to the Chainalysis 2021 report, P2P exchange rates are mostly.

Srinivasan also pointed out that people now have global recognition for the US dollar and Bitcoin, the second largest in the world.

It's not a real "investment", it's a lifeboat.

For those who think Bitcoin is insufficient, Srinivasan thinks "Bitcoin means we have a foundation that will be rebuilt."

His argument makes sense. Because even consumers know that Bitcoin was created very quickly. From $ 0 in 2008 to $ 67,000 in 2021, you could say it's turbulent. Take the example of entrepreneur Greg Schoen. He will be one of the many traders who regretted selling their BTC holdings earlier.

Worth around $ 60,000 at the time of going to press, his current Bitcoin investment will be worth over $ 102 million. Perhaps this is the reason MicroStrategy's Michael Saylor continues to force investors to hang on and stop selling Bitcoin.

Some believe that Bitcoin has more potential, and Dan Held of Kraken believes the price of Bitcoin will "go up."

If everyone in the world now understood Bitcoin and the macro space, the value of each Bitcoin would be between $ 1 million and $ 10 million.

However, there are some issues that need to be resolved before you can take the plunge. Domestic politics and protests are not clear enough in many parts of the world. Entrepreneur Raoul Pal said in a recent Twitter post that "racism" has no bearing on oil or love of the product.

He advocated "acceptance of exchanges" and called the adoption of cryptocurrencies the "fourth exchange".

We are all back, but we have to believe that young people under 40 will take us and lead us on a new path!