Bitcoin is about the utility, not the price and Milton Friedman predicted this a decade before Bitcoin was even created.
- Decentralized out of the control of anyone person or government as long your hold your private keys in your wallet, not an exchange.
- Ability to transfer any amount of currency worldwide within 10 min a minimal fee 365 days a year.
- Production of bitcoins reward will decrease causing an inflation rate every 4 years called Halving next one is in April 2020.
- Bitcoin is a currency and a payment processer all in one this has never be done in history before.
- Bitcoin does not discriminate it’s borderless and permissionless.
Milton Friedman passed away in 2006 unfortunately, he never saw the rise of Bitcoin in 2009 may he rest in peace.
Bitcoin yearly lows update:
2020: $3,700…..Still in an uptrend!