Bitcoin: Established Currency of the Digital Age

in #bitcoin5 years ago

As we approach 2019, and are one year closer to what I so vividly recall as the "future" as a child, 2020, Bitcoin has without a doubt established itself as the modern day financial instrument. Made possible thanks in part to technical adoption of computers and the proliferation of INTERNET.  More importantly though adoption has be the key to the tremendous value growth we have seen and will, in my opinion, continue to be seen.

Bitcoin has been established and in use for almost a decade now. It paints the headlines daily now and you can even purchase it via the commodity of countless of platforms, depending on your country of origin of course. As this financial instrument becomes more established and matures as a regulated asset its value will undoubtedly continue to climb. The script is simple: there will only ever be 21 million Bitcoins in existence, the smallest unit of trade for this currency however is 1 satoshi which is 1 100,000,000 millionth of a Bitcoin. In other words we have 2.1 quadrillion units to work with. There are certainly more than enough value in todays monetary markets to put the digital currency to good work.

Bitcoin however will not be the end all be all for cryptocurrency. Eventually there will come a time when other tools, likely technological advancements, will provide features we've yet to think of.


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