Five Reasons Why You Should Invest In Bitcoin

Everyone and their grandmother is talking about Bitcoin these days. Yes, even grandma wants in on the action, even if she doesn’t completely understand the “big coin.” Cryptocurrency is one of the hottest trending investment topics, and has proven time and time again it’s here to stay. Even the naysayers are starting to realize the potential of a bitcoin investment, and here’s why:

1. Bitcoin is Deflationary. 

There is a hard cap of 21 million Bitcoin that can ever exist. While our central banks are taking their cues from Monopoly and printing an infinite supply, Bitcoin does not allow that. Bitcoin investments are considered a hedge against inflation, and often described as “digital gold.” If the unthinkable were to happen, such as banks failing and currencies losing their value, Bitcoin will still stand strong.

2. Bitcoin is Decentralized 

FIAT is very centralized. It is controlled by central banks -- third-party arbitrators who not only profit off your hard-work, but regularly require bailouts due to incompetence and irresponsible banking and lending practices. When the 2008 recession hit, big banks and Wall Street were not the ones forced out of their homes into poverty, even though they directly caused it. Bitcoin is decentralized, with no third party intermediaries, and cannot be seized or controlled by the government. When the next inevitable big bank collapse comes, you’ll want Bitcoin in your wallet.

3. Profit

One of the most obvious reasons to invest in anything is profit. Crypto has already changed lives, making everyday people like this 25 year-old a millionaire. It’s not too late either.  Big names like Tyler Winklevoss think we could see BTC at 500k in this decade [hyperlink to Cryptonized episode]. Just looking at the profit margins of 2020-2021 paints a powerful picture of potential upside. Bitcoin is a perfect addition to any investment portfolio. 

4. Privacy

The $3.5 trillion Infrastructure Bill not only has a staggering price tag -- it also allows the IRS to track private transactions over $600. Privacy rights have been in the government’s crosshairs  since the Patriot Act [hyperlink to explain what it is], and now, in addition to monitoring your private correspondence, the government will also monitor your banking activities. As the government begins to pry more and more into the details of the average citizen’s bank accounts, people are turning to Bitcoin to maintain privacy and anonymity.

5. Everyone is doing it

The laundry list of “big money” players entering Bitcoin is nothing to scoff at. El Salvador has recently adopted Bitcoin as legal tender and other countries are getting ready to join them. AMC now accepts dogecoin as payment. Sports teams like the Sacramento Kings and the Dallas Mavericks accept cryptocurrencies for ticket and merchandise payments. Big companies like Tesla, Microstrategy, and Square own Bitcoin. What started as a fringe movement has become a legitimate financial investment and powerful addition to a well-rounded portfolio. Soon the question will move from “who owns crypto?” to “who doesn’t own crypto?”.