BitcoinBeliever

#BitcoinVsBrics2025
1️⃣ Decentralization and Neutrality:
Bitcoin is a decentralized, borderless currency that operates without the control of any government or political bloc, making it a true global financial tool. In contrast, BRICS nations, despite advocating for de-dollarization, are creating centralized systems, such as a shared BRICS currency or CBDCs, that maintain state control. These systems are prone to political manipulation and may replicate the same power imbalances they aim to eliminate. Bitcoin, by design, is free from such manipulation.
2️⃣ Transparency and Security:
Bitcoin's blockchain is transparent and immutable, ensuring trust among users. BRICS initiatives, particularly CBDCs, could introduce privacy risks as they allow governments to monitor and control financial transactions. This surveillance undermines individual freedom and financial privacy, both of which are fundamental to Bitcoin's ethos.
3️⃣ Resistance to Inflation:
Bitcoin's capped supply of 21 million coins makes it a robust hedge against inflation, unlike fiat currencies that can be devalued by central banks through excessive printing. BRICS currencies, despite their push for independence from the U.S. dollar, could suffer from the same inflationary pressures if economic policies falter. Countries in the bloc with historically weak currencies, such as South Africa or Brazil, may find Bitcoin a better store of value than any BRICS currency.
4️⃣ Inclusivity and Accessibility:
Bitcoin is open to anyone with internet access, empowering individuals in developing countries to participate in global trade and store wealth securely. BRICS currencies or payment systems may remain limited to member nations, reinforcing exclusivity and sidelining smaller economies or individuals outside the bloc's influence.
5️⃣ Resistance to Political Risks:
BRICS nations are often characterized by political instability or competing interests among members (e.g., India-China tensions). A BRICS currency or financial system might struggle to maintain cohesion in the long run. Bitcoin, on the other hand, is immune to geopolitical conflicts, offering a stable alternative for global users regardless of regional disputes.

🛑Against BRICS Financial Strategies
1️⃣ Centralized Control:
The BRICS push for a common currency or CBDCs mirrors the centralized control they criticize in the U.S. dollar system. Centralization makes these systems vulnerable to government overreach, sanctions, and internal conflicts among member nations.
2️⃣ Lack of Trust Among Members:
The BRICS bloc is an uneasy alliance, with differing economic goals and political systems. For instance, India and China have unresolved border disputes, which could undermine trust and cooperation in a shared financial system.
3️⃣ Limited Global Appeal:
A BRICS currency is unlikely to gain significant global adoption outside the bloc due to regional focus and the dominance of established global financial networks. Bitcoin, in contrast, has a universal appeal, already adopted by millions worldwide as a store of value and medium of exchange.
4️⃣ Potential for Economic Dependence:
Smaller BRICS nations could become overly dependent on larger economies like China and Russia within the bloc's financial ecosystem. This dynamic could replicate the inequalities seen in the current dollar-dominated system.
🛑Conclusion
Bitcoin represents a truly independent and democratic financial alternative, free from the risks of centralized control, geopolitical conflict, and inflation. While BRICS' efforts to challenge dollar dominance are notable, they risk creating a new centralized system with similar flaws. Bitcoin, with its decentralized, neutral, and inclusive design, is better positioned to serve as a global financial tool in an increasingly interconnected world.#CryptoUsersHit18M #BTCReclaims101K #BitcoinBeliever #BRICSDigitalCurrency

Bitcoin, the world’s first decentralized cryptocurrency, has transformed financial systems globally. Since its inception in 2009, it has not only provided a new form of digital money but has also stimulated global economic growth in several ways. Here's how Bitcoin contributes to the global economy:
1. Financial Inclusion
Bitcoin enables access to financial services for unbanked and underbanked populations worldwide.
Cross-Border Transactions: It facilitates low-cost, fast cross-border remittances, especially in developing countries.Empowerment: People without access to traditional banking can store value and transact securely using Bitcoin.Economic Participation: Increased financial inclusion boosts economic activity and growth in underserved regions.
2. Job Creation and Innovation
The Bitcoin ecosystem has spurred innovation, creating industries and jobs globally:
Mining: Bitcoin mining has created employment opportunities and boosted economies in regions like Kazakhstan and Texas.Blockchain Startups: Companies developing Bitcoin-related services (wallets, exchanges, and payment processors) have thrived, attracting venture capital and creating thousands of jobs.Technological Advancement: Blockchain technology, the foundation of Bitcoin, has inspired innovations in supply chain management, healthcare, and finance.
3. Diversification of Investment Opportunities
Bitcoin has emerged as a new asset class, offering diversification for investors and fueling economic growth:
Wealth Creation: Early adopters and investors have amassed significant wealth, driving consumption and investment.Institutional Adoption: Companies and hedge funds integrating Bitcoin into their portfolios stimulate market activity and innovation.New Financial Instruments: The rise of Bitcoin has led to the development of futures, ETFs, and other derivatives, broadening investment options.
4. Enhancing Cross-Border Trade
Bitcoin facilitates international trade by eliminating intermediaries and reducing transaction costs.
Reduced Costs: Businesses save on hefty banking fees, especially in high-value international transactions.Faster Settlements: Bitcoin transactions settle faster compared to traditional banking systems, improving efficiency in global trade. 5. A Hedge Against Inflation
Bitcoin’s deflationary nature, with its capped supply of 21 million coins, offers a hedge against inflation:
Preserving Wealth: People in countries experiencing hyperinflation (e.g., Venezuela, Argentina) turn to Bitcoin to protect their savings.Alternative Reserve Asset: Bitcoin is increasingly being considered as a digital alternative to gold, diversifying global reserve assets.
6. Encouraging Decentralized Economies
Bitcoin promotes decentralization, reducing reliance on traditional banking systems:
Peer-to-Peer Transactions: Individuals can transact directly, fostering an economy that operates outside centralized control.Economic Sovereignty: People in regions with restrictive financial systems gain autonomy over their finances.
7. Stimulating Government Action
Bitcoin’s rise has pushed governments to explore blockchain technology and digital currencies:
Central Bank Digital Currencies (CBDCs): Bitcoin has inspired countries like China and the EU to develop their own digital currencies, modernizing monetary systems.Regulatory Frameworks: Governments are creating legal and regulatory frameworks to integrate cryptocurrencies, stimulating economic reform and innovation.
Challenges to Consider
While Bitcoin stimulates economic growth, challenges remain:
Volatility: Price fluctuations deter some investors and businesses.Regulatory Uncertainty: Lack of global regulatory consensus creates barriers to widespread adoption.Energy Consumption: Bitcoin mining’s high energy use raises sustainability concerns.
Conclusion
Bitcoin is more than just a digital currency; it is a catalyst for global economic transformation. By promoting financial inclusion, creating new industries, enhancing trade, and offering a hedge against inflation, Bitcoin has demonstrated its potential to stimulate economic growth worldwide. While challenges persist, continued innovation and regulatory clarity could unlock even greater economic benefits, making Bitcoin a cornerstone of the future global economy.
#bitcoin☀️ #bitcoinnewsupdate #Bitcoinarena #BitcoinBeliever #BitcoinKeyZone
$BTC

Not a single top 100 Alt from 2021/2022 has hit a new ATH against BTC

An Alt to BTC pair tells how a crypto asset is performing against $BTC over a period of time. Perhaps the most famous alt to btc pair is ETH/BTC and although ETH is up in USD it has never hit a new ATH against Bitcoin

In fact if you purchased ETH during the ETH to BTC ATH on June 11th 2017 you'd be up ~11X in USD on your investment. But had you bought BTC instead you'd be up over 33x.

The fact is almost every single alt will be outperformed by BTC over time and although a few alts may break that trend especially in the short term. Holding alts through multiple cycles is risky at best and foolish at worst.
If we look at the top 100 Alts from 2021, not a single alt from the
top 100 in 2021 has managed to break it's 2021 or 2022 ATH against BTC.

Now you're probably thinking one of the following. So I'll preemptively address them.
"Alt season is just getting started this isn't a fair comparison""Ya But I'm up in USD on my investment""I don't want to trade because taxes are complicated""It's safer to hold and your grandchildren will thank you""Stop trying to get people to sell""I'm not a trader I make a plan and stick to it""You're a trashy BTC Maxi"

So let's break these down one by one:

1: "Alt Season is just getting started"
BTC Dominance has definitely fallen but if you're gambling on future
gains you have to first accept it's a gamble, and the current break down
could be the farthest that it goes. If you have gains it's not a bad
thing to realize gains.
2: "Ya but I'm up in USD on my investment"
If that's you, you either purchased a long time ago in a bear market
and held through a bull market, and a bear market - and you would most
likely be up even more if you just purchased BTC. Alternatively you are a
new purchaser and you got some nice gains on the breakdown of BTC
dominance.
If you held your ALT from 2021 to today you are guaranteed to be down significantly compared to just holding BTC.

3: "I don't want to trade because taxes are complicated"
Yes, Taxes are complicated but that only matters if you're in profit.
If you hold your alt to the top and back down because "you're a long
term holder", you are simply making bad investment decisions.

4: "It's safer to hold and your grandchildren will thank you"
Please STOP with this nonsense, Long term nearly every Crypto asset
will not only bleed value against BTC but also bleed value in USD. Don't
believe me check the top 100 crypto assets in 2017, 2021, and 2024 and
count how many assets from 2017 are still in the top 100 today.
5: "Stop trying to get people to sell"
I'm not trying to get people to sell, I'm trying to get people to
stop with the the nonsense where they demonize selling. You can hold
your alt of your choice just don't reinforce the mindless selling alts
is bad philosophy.

6: "I'm not a trader I make a plan and stick to it"
It's always good to stick to a plan in investments and to think
rationally but if your plan is to hold your alt for the next ten years,
just buy BTC instead.

7: "You're a trashy BTC Maxi"
I'm not a BTC Maxi I wouldn't have 45% of my crypto investments in altcoins myself if I was a BTC maxi!
-----
Another not so Fun Fact only two of the top 30 crypto assets in 2021
have hit a new USD ATH since... Solana and Tron... but both are still
down compared to their 2021 ALT to BTC ATHs.
:)

As usual, Disclaimer: This is NOT investment advice, do your OWN research as well!

#FollowBack #BitcoinBeliever

Bitcoin, often referred to as digital gold, is a decentralized cryptocurrency that was first introduced in 2008 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto.

It was created as a response to the 2008 global financial crisis, with the goal of providing an alternative to the traditional financial system, which is centralized and reliant on trust in financial institutions and governments. Bitcoin operates on a peer-to-peer network without the need for intermediaries like banks, making it a decentralized form of currency. It runs on a technology called blockchain, which is a distributed ledger that records all Bitcoin transactions across a network of computers, ensuring transparency, security, and immutability.
Bitcoin’s inception came in January 2009 when Nakamoto mined the first block of the Bitcoin blockchain, known as the "genesis block." This marked the start of the Bitcoin network. Initially, Bitcoin had no monetary value; it was used by a niche community of cryptographers and computer scientists experimenting with the technology. The first notable transaction was in 2010 when a programmer named Laszlo Hanyecz paid 10,000 BTC for two pizzas, which, at that time, amounted to about $40. This event, known as "Bitcoin Pizza Day," is now seen as the first real-world application of Bitcoin.
In the early years, Bitcoin faced significant skepticism, regulatory uncertainty, and a lack of mainstream adoption. However, it gradually gained traction as an alternative investment asset, particularly among those wary of the centralized financial system. Early adopters and tech enthusiasts were drawn to its decentralized nature, limited supply (capped at 21 million coins), and potential to disrupt traditional financial systems. Bitcoin’s price remained relatively low for the first few years, with a few spikes in response to increased media attention and growing interest from investors.
A significant turning point for Bitcoin came in 2013 when its price surged past $1,000 for the first time, fueled by growing demand from the tech community and early investors. However, this bull run was followed by a significant crash, partly due to the collapse of Mt. Gox, a major Bitcoin exchange that was hacked, resulting in the loss of hundreds of millions of dollars worth of Bitcoin. This event highlighted the risks associated with early cryptocurrency exchanges and underscored the need for improved security measures in the ecosystem.

Despite the setback, Bitcoin continued to grow in prominence, with more exchanges, wallets, and related infrastructure being developed over the years. By 2017, Bitcoin had become a household name as it experienced an unprecedented bull run, reaching an all-time high of nearly $20,000 by December. This surge was driven by a combination of factors, including increased institutional interest, the rise of Initial Coin Offerings (ICOs), and growing awareness of cryptocurrencies among the general public. However, this rapid rise was followed by a steep correction, and Bitcoin entered a bear market throughout 2018, with its price falling by over 80%.
Throughout 2019 and 2020, Bitcoin’s price gradually recovered as it became more accepted as a legitimate asset class. Institutional investors, including hedge funds, family offices, and publicly traded companies like MicroStrategy and Tesla, began purchasing Bitcoin as a hedge against inflation and as a store of value, akin to gold. This institutional interest, along with the advent of Bitcoin futures and ETFs, helped legitimize Bitcoin in the eyes of traditional investors.
In 2021, Bitcoin reached new heights, hitting an all-time high of nearly $69,000 in November. This was largely driven by factors such as growing institutional adoption, the rise of decentralized finance (DeFi), and the increasing perception of Bitcoin as a hedge against inflation in an environment of rising government debt and unprecedented money printing by central banks in response to the COVID-19 pandemic.
However, Bitcoin’s price remains volatile, with significant price fluctuations occurring regularly. By 2022, Bitcoin entered another bear market, and its price dropped significantly from its 2021 highs. Factors such as regulatory uncertainty, concerns over environmental sustainability due to the energy-intensive nature of Bitcoin mining, and general market conditions contributed to this decline.
As of October 2023, Bitcoin’s price hovers around $27,000 to $28,000, showing signs of resilience despite the market's volatility. Bitcoin continues to be seen as a potential hedge against economic instability, and its decentralized nature makes it attractive to those seeking an alternative to traditional financial systems. It has also inspired the creation of thousands of other cryptocurrencies, often referred to as "altcoins," and the broader blockchain ecosystem, which includes applications in various sectors such as finance, supply chain management, and digital identity.
Despite the challenges it has faced over the years, Bitcoin remains the most valuable and widely recognized cryptocurrency. Its journey from an obscure digital currency used by a niche group of enthusiasts to a globally recognized asset class has been nothing short of remarkable. While the future of Bitcoin remains uncertain, its impact on the world of finance and technology is undeniable. Many see Bitcoin as a long-term store of value, while others continue to explore its potential use cases beyond just a currency, including its role in decentralized finance (DeFi), cross-border payments, and even as a tool for financial inclusion in underserved regions.
In conclusion, Bitcoin has come a long way since its inception in 2009.
From being a technological experiment to becoming a legitimate asset class, it has weathered numerous storms and continues to evolve. Its price has been subject to extreme volatility, reflecting both the potential and the uncertainty surrounding this digital currency. As of today, Bitcoin’s price remains well below its all-time high, but it continues to attract attention from investors, regulators, and technologists alike. Whether Bitcoin will fulfill its original vision of becoming a global decentralized currency or remain primarily a store of value is yet to be seen, but its impact on the world of finance is already profound.
#bitcoin #historyofbitcoin #history #BitcoinBeliever
$BTC