Ease of Use
Bitcoin is easier to send money internationally than fiat currencies. Faster, cheaper, and easier.
It has advantages over Fiat Currencies
There has been a huge amount of printing of money that is only set to continue.
The value of money is going down with inflation.
If you put money in bitcoin the supply can’t be increased which devalues what you owe.
A growing number of firms and people are buying Bitcoin, including Elon Musk, MicroStrategy, Tesla and Coinbase—purchasing billions in the cryptocurrency between them
As countries print more money there is an increased risk of the currency going into hyperinflation, or USD loses its status as a global reserve currency.
It is wise to buy some bitcoin to protect against fiat currencies being devalued.
Possibility of Going to the Moon
It’s possible that in the future it could see widespread adoption and the value could go up to $1million+
Risks
There are also risks with a new technology that the price may go to 0. That’s why its good to put a portion of money into bitcoin but not all.
Why buy Gold
It’s also a good idea to hold some gold which is tangible and less likely to go to 0.
Invest in Related Businesses
It might also be good to invest in related business such as Coinbase or Barrick – gold mining.
