Some believe this is the time to add Bitcoin to your portfolioPhoto by Andrea Piacquadio from PexelsThis thing called Bitcoin quietly passed $16,000 while a few months ago the price was $4,000. Did you know Bitcoin created several millionaires and billionaires in the past decade? While you see people become rich investing in stocks and real estate, Bitcoin opened a door for others to dramatically change their life.You won\u2019t understand Bitcoin in one sitting. I wouldn\u2019t wait too long because the price continues to rise and some believe the price could reach $20,000 in a month. This would surpass the previous high Bitcoin reached in December 2017.Bitcoin is based on the idea of scarcity which helps drive the price. You can compare Bitcoin to the price of gold. The price of gold is based on scarcity.There are articles online, videos on YouTube, a Netflix documentary called Banking on Bitcoin, and others. It\u2019s time to learn as much as you can about Bitcoin as well as cryptocurrencies. This one article unfortunately won\u2019t teach you everything you need to know about Bitcoin.Many countries are working on creating their own currency based on digital currencies. Bitcoin is a form of digital currencies. This continues to get mentioned in the US government. The following video will give you a quick introduction to Bitcoin.YouTubeAt its core, Bitcoin is a smart currency, designed by very forward engineers. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, and reduces the need for lawyers in transitions al good things.Peter DiamandisHonestly, you don\u2019t need to be a programmer or engineer to understand Bitcoin. I am neither of the two and far from the most knowledgeable person to explain the intricacies of this digital currency. I can tell you, Bitcoin was created as a\u2026<\/p>","protected":false},"excerpt":{"rendered":"
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