You G continue yesterday's post for everyone!!!

What is the current position of $BTC and why is crypto essential for our lives??? 💥💥

Historically, in life, transactions for goods and services have been carried out in two main forms: direct exchange (fiat money, gold...) or online transfer + cards (using the internet). However, with the emergence of crypto, with its unique features, it has become a safer and more convenient payment channel with extremely high security and especially does not require an internet connection. Because crypto is stored in hardware wallets - a physical device, just touch it and it's done. So even in crises (natural disasters, earthquakes, wars) without the internet, it is still quite easy to conduct all transactions, big or small. Physical gold is much harder, bulkier to store, and very inconvenient for transactions with small values.

💥 With its amazing applications in life, many countries have been implementing legal frameworks to allow crypto custody like the US (You G also had a post 2 days ago); crypto will be an important investment channel like stocks but also carry the accumulated value like gold ❤️

--->> That is also the reason why BTC is called digital gold and is expected to replace physical gold. Because BTC cannot be printed more and is more convenient as You G explained above. Therefore, BTC currently has: demand > supply. Many large ETF funds and organizations have been accumulating BTC, creating upward price pressure. For the past 2 months, whales have also been transferring large amounts of BTC to cold wallets for storage, limiting transactions on exchanges. This both reduces selling pressure and is a good state for the not-so-distant future of BTC as well as crypto, you guys.

💥 Being cautious, You G always seeks to understand the root of issues, optimistic about long-term price increases is why, and has never followed the majority opinion!!!

Everyone should do the same ❤️