3‌ ‌Simple‌ ‌Reasons‌ ‌I‌ ‌Choose‌ ‌to‌ ‌Invest‌ ‌in‌ ‌Bitcoin‌ ‌over‌ ‌Coinbase‌ ‌Stock‌

Bitcoin is currently $57,982 at the time of this writing. Bitcoin started the year at $29,352. In about three months, Bitcoin rose about 100% in three months.For the past year, Bitcoin has increased 692%.The price of Coinbase could increase, but I don’t think the price will rise as dramatically as Bitcoin’s price has. Maybe over a few years, Coinbase will see huge returns but right now Bitcoin is in the range to see greater returns.Bitcoin had its halving on May 18, 2020. Every four years, Bitcoin has its halving reducing the block reward for miners. Basically, less Bitcoin is available to purchase. You can compare this to supply and demand.Since then institutional investing has joined the party and the excessive spending by the US government is strengthening the rise of Bitcoin.Since the great recession in 2008, government spending averaged $3.5 trillion for five years. Then government spending started to increase at the end of the Obama administration continuing under Trump’s administration.Then the coronavirus didn’t help. Government spending reached $4.8 trillion last year.With Biden in office, more spending could be possible. The low inflation, low-interest rates, and government stimulus is only strengthening the rise of Bitcoin. Bitcoin was created as a hedge against the US government’s financial market.