Bitcoin Future

Dear Reader,

Bitcoin is currently developing as a means of exchange, unit of account and a store of value or the definition of money.

If not banned by governments, Bitcoin is well on the path of becoming at least a way to transfer wealth. Many crypto tokens, which are basically cryptocurrencies issued in connection with a company's project have risen in value multiple times and have proven as an excellent way to increase wealth.

Bitcoin is actually somewhat of an infrastructure for cryptocurrencies. Bitcoin was the first and remains the most popular cryptocurrency. Other crypto tokens, however, have proven as an excellent way to raise capital for companies that were considered risky even for venture capital funds. All this new money raised via crypto tokens contributed to developing  the global information technology start up system. Yes, cryptocurrencies, especially tokens, are very similar to stocks in the sense their future value depends on the fortunes of the particular company that has issued them. Bitcoin, Ethereum and other cryptocurrencies, however, serve as financial and payments infrastructure which could prove much more valuable in the long term than their ability to raise capital. Finance is changing, along with it its infrastructure. Some analysts think Bitcoin is USD 2.0 or a new global currency, independent of government interference, owned and developed by its users. If Bitcoin's volatility is stymied, Bitcoin and its other derivative cryptocurrencies could better serve as store of wealth or with other words money.

In any way, if  Bitcoin keeps itself from government interference, Bitcoin could well be the future of our present day financial system as we know it.

Disclaimer: The blogposts and comments on this blog and posts on social networks(Twitter, LinkedIn, Facebook etc.) are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is".

Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blogposts on this blog and posts on social networks.

Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blogpost and posts on social networks(Twitter, LinkedIn etc.)!

Respectfully yours,

Petar Posledovich