Bitcoin versus national currencies (Fiat currency)
Like national currencies (like pesos or dollars), bitcoins can be stored and transferred electronically with ease. However, unlike national currencies, bitcoins tend to increase in value, over time, instead of decreasing steadily and securely each year, as national currencies tend to do, since Bitcoin has a property in In particular, it is scarce, unlike the fiduciary currencies controlled by central banks and the government, they can print as much money as they like, leaving all other individuals with these currencies with lower purchasing power.
It is true that the value of a bitcoin can fluctuate greatly and decrease in the short term. However, we believe that it is a temporary phenomenon, a kind of “growing pain”, if Bitcoin sees a widespread adoption, comparable to a large national currency, we could expect its value to be similarly stable.
Next, I will answer some of the important questions you need to know before investing in Bitcoin.