Since its inception, some 12 years ago, \u201cWhat is Bitcoin?\u201d has become one of, if not the, most notorious questions in the financial world. Retail investors & financiers alike have been drawn to the nascent technology, plowing enormous amounts of money & time into Bitcoin. But why?The most popular is easily understandable layman’s explanation is the narrative of Bitcoin is Gold 2.0. Gold has historically been associated with the storing of value. Since Bitcoin\u2019s greatest purpose is the storage of value, equating it to gold makes the most sense (especially to the older generations). Bitcoin gets the 2.0 in that narrative because it is more portable, divisible, & arguably secure than gold. This narrative may be easier to understand but it is also not exciting enough to spark the same financial interest in the younger generations.Sure Bitcoin being Gold 2.0 does some justice, but it does not capture the entirety of it. Gold has a supply that is constantly expanding & we now know exists in abundance throughout space. Bitcoin, on the other hand, we definitively know its supply at any given moment & that there will only ever be a total maximum of 21,000,000 Bitcoin units. This limited availability is where another narrative begins to take over; Digital Financial Real Estate.Imagine the Bitcoin network as a web that covers the earth. If we were to plot the amount of land-acre\/total amount of bitcoin, then we see that for 1BTC=~6,000 acres of land. There can only be 21,000,000 people that own 6,000 acres of land. Wouldn\u2019t it seem like a powerful position to be in? Once everybody owns the land\/BTC, then the only way to get that land\/BTC is by hoping somebody will sell theirs. Typically this means at a huge premium that makes the investment of the previous owner\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Since its inception, some 12 years ago, \u201cWhat is Bitcoin?\u201d has become one of, if not the, most notorious questions in the financial world. Retail investors [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/3823"}],"collection":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/comments?post=3823"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/3823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/media?parent=3823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/categories?post=3823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/tags?post=3823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}