Some of the speculators in the cryptocurrency consider Bitcoin to be as one of the most dangerous forms of investment due to its high volatility when compared to the traditional currencies. Nevertheless, the lovers will always support the fact that Bitcoin is the future of the financial world where it would replace all the other Fiat currencies with a globalized as well as a decentralized economy. If a particular cryptocurrency is to be used as a globalized economy in the future then price volatility is the key factor which can’t be neglected. The merchants and the customers who would be using the currency for the daily requirements can’t rely upon highly fluctuating Cryptocurrencies like Bitcoin hence the speculations on Bitcoin doesn’t seem to be worthless at all.
Bitcoin and other cryptocurrencies which were developed in order to rip apart the centralized financial system where the authorities had control over almost any decision in the financial world, and the worst part was that, all the decisions which were made were against the interest of the citizens. On the other hand, volatility can also be considered as a boon to the cryptocurrencies as many crypto billionaires and investors were attracted to this enchanting technology only during the price surge in December 2017. The widespread adoption was due to the volatile nature of Bitcoin. Many professionals in the field event mark the key differences and a huge gap that exists between physical and digital currencies.
When compared to the traditional Fiat currencies, as we observe they are losing their value day by day hence it is surely not a good bet. Below are some of the top video suggestions which might change your perspective towards Bitcoins.
The video goes on to explain how Bitcoin is a sign of the rise of the Antichrist. He mentions that the prophecy of Bitcoins is already mentioned in the Bible. Bitcoin prior to becoming the widespread currency in the mainstream market was the no. 1 currency used on the dark website for all kind of illicit activities. The anonymous nature of the cryptocurrencies was the main feature which was exploited by them for unlawful activities.
In The video Bitcoin is considered to be an evil currency of the future because according to Bible and the sign of the beast, the currency must be accepted worldwide, in other words, it must be globalized and mainstream. As the cryptocurrencies we know, are in their infancy stage and hence Bitcoin might be the future beast which is mentioned.
The video explains the basic functionality of a cryptocurrency especially Bitcoin and also its increase in the adoption due to the inflation of the US dollars. All the people are happy about the short-term gains but not seeing the long-term big picture. He also mentions that even if one becomes a millionaire in the cryptocurrency domain, would always be a subordinary to the elites that control the financial system in the world.
The video explains the mark of the beast and how companies around the world were forced on to jump onto the cryptocurrency bandwagon or otherwise were threatened to be left behind. He mentions Sofia, the first robot to acquire citizenship from Saudi Arabia and marks the earning potential of robots as a reason to replace humans. According to him, the cryptocurrencies are nothing but a manifestation of the artificial intelligence in the financial world.
The Video the importance of the cryptocurrencies as a medium of exchange and store of value and how it comprises all the features of currencies.
The video goes on to explain how artificial intelligence would be replacing human beings completely. In order for a robot to be deemed as a citizen must be able to generate value and hence get paid. Now the digital cryptocurrency Bitcoins is the most suitable currency for robots which apply artificial intelligence.
Speculations are always on the higher side of the spectrum when it comes to considering Bitcoin and other cryptocurrencies to mark as the sign of the beast or the Antichrist. Also, the fear of replacement of humans by artificial intelligence based superhuman robots can overtake the whole world.