Do you ever wonder why the prices keep increasing when you go to the grocery store, gas station or even to fill a bottle of water. Its not that everything is getting more expensive its that the currency your using is getting weaker. As long as governments keep borrowing money and banks keep printing your currency it will decrease in value. The worst tax on human society is inflation just see Venezuela. Everyone works hard for there money to have it stolen by inflation it should be a crime. Just leaving your money in the banks you lose 2% a year to inflation plus the fees they charge to hold your money on top of that they get bailed out by the government with our tax money. Bitcoin solve this issue with no middleman only 21 million coins will be minted because the lack of supply and the trust with the community authenticating every transaction that is why the price will keep rising. It only going down because the bankers on wall-street see this a threat to there business model and are shorting Bitcoin and buying it on its lows pretty smart. There is a lots of benefits to Bitcoin one is that converting Dollars to Bitcoin and transferring overseas then from Bitcoin to Euros instant and cheap 365/24/7. I will link another article below if your interested. The key to all society’s is to keep us in the chains of debit look at the word ‘mortgage’ literally means ‘death pledge’. This is what governments and banks want and bitcoin frees us from banks and funding wars for governments in country’s we will never go to. In closing I agree there might be other currency’s maybe even better, but Bitcoin is the first and the only one we know that has no multiplication in the code. I can not say that for those that follow and also Bitcoin is the main exchange for all other currency’s.
See george washington Blog on average life expectancy for fiat Currency