Why People Invest In Bitcoin?

The number one reason why people are investing in Bitcoin is because they want to make money. We human want to make money for a lot of different reasons that I am not able to fully explain.

In order to make money, the asset must be able to bring comparatively more values to its owners than its price!

These are the values that Bitcoin provide for the owners:

1. The freedom to carry it anywhere, anytime with lesser risk.

2. The capability to store a huge amount of wealth.

3. The feeling of evolution and involvement.

Freedom of Choice:

As the world has never been more connected in the last 100 years. People all over the globe are exchanging information and even cultures. We are more united than ever before, and we want to explore more, understand more and experience more. The mindset of settling down forever in one place has gradually been replaced by the global movement. And when they move, assets should be carried along with them. Bitcoin is the most optimal solution for this. Not only individual but companies and big firms also need it to expand their businesses, and in the worst cases, to protect theirs.

With the available financial system, such as real estate, gold, stocks or SWIFT, the process is sooo complicated and the transaction fee is such a pain when comparing to Bitcoin.

Store Of Value:

This is what I have learnt from my Investing Guru. The total amount of money in the world is huge. The asset must has certain characteristics to be able to carry all those money. That is why iPhone, Rolex, Roll-Royce, Air-Force-One can never be considered as a store-of-value asset. Some can argue Bitcoin also cannot be such thing, but one cannot deny the fact that there is just a small basket of assets that can be used to store over 2.1 Billion USD, which Bitcoin has proven very successfully, not to mention how liquid it is compared to the other assets.

The amount of money around the globe is huge. Take look that this report of UBS Global Wealth Report 2024 for Global Savings:

The total Savings globally is around 284,564 Billion USD. If only 10% of these savings poured into Bitcoin, the price would reach as high as 1.4 Million USD.

Evolution and Involvement:

For those who has not yet been convinced by these two values, this is more likely to be a spiritual side value of Bitcoin. As far as I discover how actually the world is, the more I know it can be, and should be better. Even when the current financial system has been doing a great job, it does not mean that there is no room for an update. Bitcoin appears to be not as a threat but a complementary instrument to make it even better. This is the first time in our history when we - human have the power to unify and collectively push for a change in a globally-affecting system.

Money continues to be printed endlessly, political systems consistently fail to serve the people, inequality remains deeply rooted, and the threat of war still looms. Bitcoin may not be the solution to these problems, but it shines a light on the broken systems that blindly driving us toward an uncertain and darker future.