Home Bitcoin News Bitcoin BTC Gaining Attention From Investors Gradually Accumulating Satoshis

Bitcoin BTC Gaining Attention From Investors Gradually Accumulating Satoshis

bitcoin btc satochis

Pierre Rochard tweeted:  “Bitcoin is a global phenomenon with millions of participants. You can’t know what moved, is moving, or will move the price day today; it’s too complex. Just focus on gradually accumulating satoshis (1 bitcoin is divisible into 100,000,000 satoshis) and learning about Bitcoin.”

All the countries are printing money. One of the tweets narrates and exaggerates, stating, “Federal Reserve just printed $3.4T. European Central Bank just printed $1.3T. People’s Bank of China just printed $455B. Bank of England just printed $345B. Bank of Brazil just printed $233B. Bank of Japan just printed $190B.” 

The printing of money by different countries now makes it clear as to why Bitcoin was created in the first place. And, now it is possible to buy Bitcoin with money! A lot of money coming from different countries. The good thing is Bitcoin does not print, and it is scarce. The Bitcoin thing is beginning to catch up.

The theory of money without masters, rules without rulers, and freedom without fiat is coming to put itself to test. This was a situation that many were looking forward to. Some consider Bitcoin developers to be rulers.  And, some considers the whales to be masters.  Whatever the critics or promoters have to say, the situation has come for testing the very purpose for which Bitcoin was created.

Sydney Ifergan, the crypto expert, tweeted:  “Investors are buying Bitcoin BTC with what they can afford.  And, they are selling it when they see that the value has gone a few hundred dollars up.”

Some kind of momentum has hit the bitcoin market.

Bitcoin – Will it destroy the Monopoly on Money?

The internet has put an end to the monopoly on information.  And, we will know very soon if the Bitcoin will end the monopoly on money.

Exchanges are also now getting pumpers and bashers trying to influence the market direction. Someone is making a proposal of the idea that if the Bitcoin will exist for 20 years, then that it will create a great degree of universal confidence. And also that it will be available forever.  This is because, people have started to believe that the internet is a significant feature in the modern world.

The Federal Reserve System seems to be completely broken down.  They have announced the establishment of a temporary FIMA Repo Facility to help support the smoother functioning of the financial markets.

Whether everyone will start using BTC to buy anything and everything like stocks, bonds, mutual funds is a different thing, but one thing is sure a Paradigm shift is coming.  

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Steven Anderson

Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9

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