.png)
Why does people think the price of Bitcoin will keep rising?Because they believe Bitcoin become fiat money.We know scale of USD is bigger than Bitcoin.It is 2.5 times Bitcoin that the scale of USD is rising every years.So if Bitcoin become fiat money,it will be rising for many years like the speed of 2017.
Although people is familiar with Bitcoin,few of them firmly believe it will replace fiat money.It is why they can’t buy any bitcoin.
I buy bitcoin a little,but I am not sure if it will be fiat money.I just believe its value is far greater than now,so I buy it once a week.
Investment is a long way,we need learn it well though all ourselves life.
Fiat is toilet paper. In the short term, bitcoin and crypto will never be fiat. Fiat's prime function is to be a toilet paper when you run out. However, it is possible that crypto could soon replace digital toilet paper known as the USD. If a crash of the traditional asset market comes, crypto will win. If we eventually move into space, crypto will win. Crypto is the ideal value transfer system for a space borne civilization. :-)
I am agree with you.Crypto will win this fight sooner or later,but it must be a long long way.