The Best Thing With Bitcoin Current Price Is When You Remember That We Are Still So EarlyIf you are a Bitcoin HODLer, your best days are ahead of you. Illustration by Sylvain Saurel
I am writing this story on October 31, 2020. This is a special day for all Bitcoiners. Indeed, it is exactly twelve years since Satoshi Nakamoto published the Bitcoin white paper.
The Great Reset, which the International Monetary Fund (IMF) is now calling for, was announced on October 31, 2008. Its real beginning corresponds to the official launch of the Bitcoin network that will have taken place on January 3, 2009.
Twelve years after Satoshi Nakamoto made public his incredible idea of a decentralized electronic payment system, Bitcoin has come a long way. As I write this, the Bitcoin price is $13.8K.
Bitcoin’s market cap exceeds $255 billion.Perception of Bitcoin is changing at high speed
More and more former opponents are realizing one after another that the Bitcoin revolution is here to stay. All those who ignored and then denigrated Bitcoin during its early years will eventually adopt Bitcoin.
It is only a matter of time.
In 2020, more and more institutional investors are coming to Bitcoin. The success of the fund dedicated to Bitcoin by Grayscale Investments is there to testify to this. Grayscale Investments currently holds more than 468,000 BTC for its clients.
Major companies have started to come to the Bitcoin world. History will remember that it all began on August 11, 2020. That was the day Michael J. Saylor chose to announce that MicroStrategy was making Bitcoin its primary treasury reserve asset.
Michael J. Saylor’s choice was not opportunistic. It was a real move to find the best asset to deal with the great monetary inflation we are experiencing in 2020. Bitcoin stands out as the best hedge.
Square then followed MicroStrategy’s lead in early October 2020. This move confirms his CEO’s commitment...