Why is Bitcoin so hard for most people to understand?

The first time I heard and researched bitcoin in 2017 I immediately understand that bitcoin is the best currency the world has ever seen

I am 49 years old and during the nineties my country located in Southeastern Europe experienced hyperinflation.My life experience with hyperinflation helped me understand bitcoin right away

With fiat currencies, due to excessive printing, there is the possibility of galloping hyperinflation caused by excessive printing of money, as the name itself suggests, it is inflation that develops rapidly, progressively, and which, even in the face of energetic attempts to contain it, ends in a complete disaster of the fiat monetary system. Therefore, fiat money is not suitable and very risky for saving

Banks go bankrupt and fiat currencies devalue

Save fiat and keep money in the bank only as much as you are willing to lose

Bitcoin is a lifeboat

Bitcoin is the first currency in the world that reliably scarce than gold and more private and transactionally efficient than modern digital banking

​

Submitted December 07, 2023 at 06:22PM by Goranbbb https://ift.tt/jp6QsV1