Kiana Danial reviewed Bitcoin on FOX Business recently. During the review, she pointed to the fact that we are getting 100,000 predictions and she stated, “Please don’t buy Bitcoin by the 100,000 predictions.” Further, she also pointed to how the 2017 reputation of BTC need not be the reason for why someone has to buy Bitcoin.
The positive prediction by many Bitcoin activists including Kiana Danial is mainly based on the reason that Bitcoin is only ever going to be 21 billion BTC. This is purely math. And, truly BTC is going to go higher and higher. From the price action point of view, Bitcoin does have a tendency to add more zeros with time.
It is widely accepted that Math is always built in to the equation. Also, it is a major news from PayPal which led to greater acceptance of Bitcoin. PayPal is one of the major reasons for why it is taking off again.
When it comes to acknowledging BTC as a money, it is important for enough people to have it, merchants must have it and the society must trust it to be valuable enough and it truly should remain valuable.
PayPal has absolutely added to the brand image of BTC in a way making it possible for people to accept BTC as being reliable. May be there was a hype back in 2017, but that is not the only thing that makes it. Many people are actually using it for their payments internationally, people are storing it and it is now possible to buy Christmas Gifts with it.
Bitcoin The Definition of 2.0
Kiana Danial stated that Bitcoin definitely has become the definition of 2.0 and it is actually more valuable than gold as we never know how much more gold we can find under the sea or in the future, but with Bitcoin it is always going to be the 21 billion.
There is no denying that every Bitcoin investor right now are just smiling at the price of bitcoin as it is held strong and indeed valuable enough to generating good ROI. More of people are making more money with Bitcoin.
In this regard, Sydney Ifergan, the crypto expert tweeted: “It is now becoming more important to invest than save as it is very important to achieve financial freedom.”
It is never safe to deny the skeptics. Here is a skeptic’s view of Bitcoin: If the governments decide to centralize the database (blockchain) they can control, track, tax every transaction. It is amazing how idiots do not have a clue about what they are promoting. Bitcoin is truly in a hyper bubble when it pops it is going to be like seeing fireworks. Also, it is important to remember that cryptocurrencies need blockchain. And, blockchain does not need cryptos. Blockchain is a free and open source on the dark web.
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