Several new investors are wondering what is so good about Bitcoin.  They don’t have a clue as to why BTC matters. For those who are new and do not know what they should be studying about to understand Bitcoin, this can come handy.

Jeff Kirdeikis shared: Why Bitcoin Matters?

Inflation, Predictability, Conservation of Value, Taxation, Access to Banking, Anti-War, Immutable, Incorruptible, Transparency, Fiscal Responsibility, Freedom, Global Inter connectivity, Transactional Ease, Self-Sovereignty & More.

INFLATION:  The reported rate of inflation in the USA is 7%; Unless you received a 7% raise this year, you are now making less; Unless your savings grew by 7%, you have fewer savings.  About 40%+ of all USD in history was printed in the last 18 months.

Bitcoin has a fixed supply of 21M.  Although the reported rate of inflation is 7%, it’s likely much higher.  Within the last year: Gas: 49.6% Bacon: 18% Eggs: 11% Furniture 14% Used cars: 37% Car rentals: 37%

Bitcoin’s supply is predictable, transparent, and immutable.  It is an asset and not a gamble.  Like gold, Bitcoin is an asset, not a company.  It does not rely on “revenue” or a CEO to continue growing in value.  You don’t have to guess which company will outperform the S&P500.  You don’t have to adjust your portfolio quarter by quarter.  Just HOLD.

AN OPTIMAL STORE OF VALUE:  Gold’s market supply is decided by corporations; You can’t send gold across the world instantly or for free; You can’t travel with large amounts of gold; You can’t easily divide the gold; You can’t use gold to pay for goods or services – With Bitcoin, you can.

If the US Dollar was a cryptocurrency, it would be the worst option available:  Infinite supply, Founders get 25% of all transactions, Amount of annual inflation is a secret, Inflation goes to the founders; your account can be frozen at any time, Policy changes at any time.

TAX:  If you’re not going to gamble on a company, and the supply of gold is manipulated, then store your money in real estate, right? RE is subjected to heavy taxes and repair costs every single year; Bitcoin costs 0 to hold; You only pay taxes if you sell.

IMMUTABLE AND INCORRUPTIBLE:  Since day one, the rules of Bitcoin have been set in stone.  The growth of the supply is open and transparent.  Bitcoin is the first currency in human history to be fully incorruptible and provably constant.

ANTI-WAR:  Governments continually print money to fund war, corruption, and violence.  Using Bitcoin is the way to opt out of this violent system.  Bitcoin is a vote for peace.

FISCAL RESPONSIBILITY & TRANSPARENCY:  The USA is 29 trillion dollars in debt.  That means each citizen owes ~88,000 dollars.  On September 10^th, 2001, they announced 2.3 trillion went “missing”.  Bitcoin offers a publicly audible trail to eliminate corruption and incompetence.

FREEDOM:  As governments, currencies and nations collapse, their citizens are left in ruins.  No banking, no assets, no home.  Carrying or sending whatever wealth they have left with to a new country is incredibly difficult. Bitcoin makes it easy.

GLOBAL:  Sending currency across borders usually takes 3-4 business days to settle, costs 40 dollars in fees, and requires you to physically go to the bank, spending 30 minutes of your time. Bit coin’s Lightning Network allows for nearly free and instant global transactions.

MERCHANTS:  The fee for merchants to use the average credit card service is ~2%. In addition, they run an incredibly high risk of charge backs. Bit coin’s Lightning Network costs pennies, and settlement is instant.

THE BITCOIN NETWORK (NOT BITCOIN):  Don’t want to hold or be paid in Bitcoin?  No problem.   1. Send your USD.  2. Instantly converted to BTC.  3. Sent to receiver.  4. Converted into the currency of receiver’s choice.  Instant and free.

CONSERVATION OF ENERGY:  When you work, you are rewarded with money.  If that money continues to be printed ad infinitum, your work-energy continually depletes.  Money needs to be able to retain energy as effectively as possible.  The most effective method is Bitcoin.

TRUE VALUE:  Bitcoin is freedom of association. Government currencies are forced on citizens, propped up by military threats and secret trade deals. Bitcoin’s value comes from the value of the network itself, where people are free to come and go as they please.

SELF-SOVEREIGNTY:  Bitcoin is the money of the free man.  The government can’t confiscate your Bitcoin.  They can’t freeze your account, or drain your funds.  They can’t stop you from taking it to another country or limit your purchases.  Bitcoin is Freedom!