🛑 Is Bitcoin a “Scam”? Understand this calculation first! 🧮
Many people call Bitcoin a fraud, but they do not know the most basic difference between “money” and “Bitcoin”. Let’s understand it in very simple words today.
🟠 Bitcoin: 1 = 1 (forever)
10 years from now, 100 years or 1,000 years from now… 1 Bitcoin will always be 1 Bitcoin.
Why? Because only a maximum of 21 million (21 million) Bitcoins can be created in the world. It is impossible to create even one more. This is a fixed limit.
💵 Dollar or Rupee: 1 ≠ 1 (less over time)
But will the 1 dollar or 100 rupee note in your pocket always be as powerful? No!
Governments can print as many new notes as they want, whenever they want. There is no limit to this.
As new notes are printed, the market becomes flooded with notes and the value of the old notes you have decreases.
Today’s $1 is not the same as tomorrow’s $1, because inflation will have increased tomorrow.
💡 Conclusion
If someone calls Bitcoin a “fraud” but doesn’t know that the number of Bitcoins is fixed while paper notes are unlimited, then sorry… they haven’t done their research properly yet.
The purpose of Bitcoin is not to get rich overnight, but to protect your hard-earned money from a system where the value of your money is decreasing every day.
Do you think that “limited” things will be more valuable in the future or “unlimited” things? Tell us in the comments!