07. 01. 2025
The Wealth Of Investors
The Impracticality of Bitcoin as the Global Currency
the hypothesis that Bitcoin will become the currency of the future for the entire world. While Bitcoin has numerous advantages, I believe this possibility is impractical and impossible for several reasons. Central banks around the world are likely to resist...
05. 01. 2025
The Wealth Of Investors
Bitcoin's Potential as a Global Reserve Currency and the Challenges It Faces
how countries around the world have allowed individuals to open bank accounts in Bitcoin, and how banks have resumed their traditional role of converting deposits into loans and creating new deposits or money through the lending process. This has led...
04. 01. 2025
The Wealth Of Investors
Can Bitcoin Become the World's Currency?
We discuss how the ability to open bank accounts with Bitcoin and the subsequent deposit creation and lending activities could significantly expand the global money supply from Bitcoin. This raises the question of whether Bitcoin could potentially become the world's...
28. 12. 2024
The Wealth Of Investors
Can Bitcoin Become the World's Currency?
the potential of Bitcoin becoming the world's currency. We explore the maximum supply of 21 million Bitcoin units, the current mining rates, and the divisibility of Bitcoin into smaller units called satoshi. We also consider the challenges of Bitcoin replacing...
25. 12. 2024
The Wealth Of Investors
The Rise of Bitcoin: Driven by Financial Crises and Changing Investment Landscape
the rapid adoption of Bitcoin, which was driven by the global financial crisis, declining interest in traditional currencies, lack of profitable investment options due to low interest rates, and the rise of speculation in high-return assets like gold.
21. 12. 2024
The Wealth Of Investors
Can Bitcoin Replace Traditional World Currencies?
whether Bitcoin could replace a traditional world currency like the US dollar. To define a world currency, it must have widespread international acceptance, sufficient availability to meet global demand, and be used as a reserve asset by central banks. The...