Why Bitcoin

The biggest risk this century is not owning Bitcoin. The perpetual cycle of excessive money printing by Governments which results in inflation and devaluation is why you should save in Bitcoin. Bitcoin just like Gold is a hedge against the economic inevitability of currency depreciation and inflation. While gold is not easily accessible, Bitcoin is easier to own and more divisible. For the last century, Gold has served as the panacea to hyperinflation and currency debasement, Bitcoin now exists as an alternative. This is why Bitcoin is referred to as digital gold by many. Bitcoin is often compared to gold because it has similar characteristics; limited supply, rarity, durability. Beyond this, Bitcoin has a few other important features which improve upon gold's monetary properties like it is portable, easier to move around unlike Gold which is heavy(think moving $1m in Gold vs BTC). Think of a scenario where a big family has to flee a warzone and their savings are in Gold, it will be near-impossible to flee with millions of gold in such emergencies. With Bitcoin all they need is their private keys. Bitcoin is also easily verifiable as there is nothing like fake Bitcoin since every transaction is publicly authenticated and verified. Bitcoin has a limited supply of 21 million bitcoin and a fixed emission schedule. Every four years, Bitcoin’s inflation rate is cut in half, and it will eventually be reduced to zero in the year 2140. As long as one understands that when more money is printed by Governments, it causes inevitable inflation, you understand better why Bitcoin. So back to the question, Why Bitcoin; Bitcoin as an asset class is financial security in the midst of economic uncertainty. Bitcoin is an incorruptible monetary system in a very corrupt world. Bitcoin is a deflationary asset in a system that is inflationary by design. You should think of Bitcoin with a long-term perspective, something you save and accumulate to gift over to your kids as an inheritance or a pension saving scheme.