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Bitcoin.
When you read that word, what does it mean to you? Hard money? Digital money that loses value? A scam? The truth is, most people do not understand it. They really have no idea. The majority of people think you hand over your cash, and treat it like some form of investment, like a bond or stock that will produce an incredible return on investment.
The truth is Bitcoin is MONEY. Money that is earned by people running the network. Money that has a fixed supply, that does not inflate. It is that simple.
So why should I use this money over the Canadian dollar? Well, Bitcoin isn't something you can always use down at the local gas station. It's price moved rapidly. It can be up 100% one year and down 100% the next. Do you really want your pay getting cut in half? Well here is how I look at it. Long term, holds its value compared to the dollar. If you get Bitcoin today, and spend it next week, you are unlikely to see much of a difference overall. If you hold it for more than a few years, Bitcoin will change your life because it stops your labour from being eroded.
So how can I have faith in it? Consider that it has been around for 16 years already. Consider that its value over time has increased. Consider that it has never been hacked. Consider that the energy put towards Bitcoin has done nothing but increase. Consider banks and institutions and companies are buying it. It is not going away.
The best thing of all....there will only ever be 21 million Bitcoin. You can own even a small amount at 0.00000001 of a Bitcoin.
You can also earn Bitcoin for free at shakepay. Have you tried Shakepay? Sign up with my link and we'll each get $20 to buy crypto:
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