You have no guarantee that Bitcoin will be a success. On the other hand, you can be sure that the current system is flawed and not fixable. You have to go to a better alternative, and that is Bitcoin.

Some people tell me: You have no guarantee that Bitcoin will be a success.

My answer: There is, and that's why we fight every day for the Bitcoin revolution to succeed. We have no guarantees other than those given by the Bitcoin protocol.

But the guarantees of the Bitcoin protocol are incredible:

1. There will never be more than 21 million BTC in circulation
2. 10 minutes delay on average between the issuance of each block of transactions
3. An adjustment of the mining difficulty of the Bitcoin network every 2,016 mined blocks
4. A decrease in the reward given to miners for every 210,000 blocks issued
5. A consensus algorithm based on Proof-of-Work
6. Bitcoin is the most secure decentralized network in the world
7. A permanently available network (Uptime > 99.985% since Bitcoin creation)
8. A never hacked network
9. The data of the Bitcoin Blockchain is immutable
10. The Bitcoin code is open source

If you follow me, you can see why we Bitcoiners are so excited about the Bitcoin revolution. The Bitcoin system is designed to give us hard money that cannot be censored by the powerful in the current system.

Bitcoin is a unit of wealth independent of the control of governments and central bankers. And this is where Bitcoin's potential for the future is incredible. That is why we cannot afford not to try to make the Bitcoin revolution a success.

In contrast, the current monetary and financial system is flawed by design. It is not fixable. It gives you a guarantee: that of a programmed collapse sooner or later. You can be sure that the value of fiat currencies will continue to fall over time.

Under these conditions, you owe it to yourself to find an alternative to protect the fruits of your labor and your future. And that alternative is Bitcoin.

Submitted September 26, 2022 at 11:29AM by sylsau https://ift.tt/fl1A7HC