“Unlike Gold and Silver, Bitcoin is a decentralized and deflationary system in trending technology where its value cannot be affected by outside third-party sources such as the central banking system, Gold & Silver Paper Assets within the markets, and other financial instruments which manipulate the pricing of the Precious Metals space. Bitcoin, on the other hand, operates (naturally as it should) off of the Universal Laws of Supply and Demand.
Each Bitcoin is encrypted as its own fingerprint which cannot be replicated in any particular way. In the case of Bitcoin, the actual process of mining this cryptocurrency into existence becomes more difficult to create as the algorithmic difficulty in processing the formula for each encrypted Bitcoin becomes more complex. This is referred to (within the industry) as the HASH RATE. In the same notion, because of this, the process also takes longer as time progresses and as Bitcoin is continually created each and every day.
Essentially, as the supply of Bitcoin slows in production because of this SLOWING DOWN in algorithmic processing difficulty through time as more-and-more Bitcoin is created, the DEMAND for Bitcoin enthusiastically works in our favor (at the same time). To break it down, as supply decreases and as demand increases, PRICE NATURALLY INCREASES!!! And this is exactly what is happening with Bitcoin, as it should. Once more, the value of Gold & Silver should also operate exactly within this same way but it does not!
As anticipated by Cryptocurrency Experts, in three years, Bitcoin will increase to the $10,000 arena because of this mathematical calculation which incorporates the factors (indeed) of Supply and Demand. Welcome to Bitcoin. Welcome to the Evolution of Money.”
ABOUT THE AUTHOR: Aramu Muru is a Registered Nurse, specializing in Behavioral Health and Substance Abuse Recovery, and is a proud Veteran of the United States Air Force (Operation Desert Storm/Desert Shield). Aramu is also a podcaster, an author, an alternative thinker, a controversial theorist, prolific writer, blogger, an ancient archeology and cryptocurrency enthusiast, and the executive producer and founder of one of the most highly-esteemed podcast radio networks on planet earth today!