A question I always ask about $BTC , #bitcoin

My view:

1. Bitcoin is divisible up to the eighth decimal place (0.00000001 BTC), also called satoshi, the decimal limit.

2. Highly volatile, almost unviable on a global scale for daily trading, focused on investment and not on everyday use.

3. Example: a person goes to a store, sees the price of the product on a screen, the price varying several times per minute, at the time of purchase, the price of 1 satoshi has already increased hundreds of times, because the scarcer it is, the more volatile it becomes.

4. Modern people are more prone to dementia, such as Alzheimer's, making it easier to forget passwords, emails, places, keys, dates and important things. An analogy would be the American warehouses with high-value personal items lost in oblivion and deteriorating over time, whether they belong to living people or deceased loved ones.

5. Japan is one of the main countries that accept bitcoins. It has a problem with population decline, as it is a very antisocial and isolated people, they do not leave heirs, streets and neighborhoods are becoming deserted, because there are no heirs. By 2050, more than half of the population will be elderly. One of the reasons that will make bitcoins scarcer is that as the population ages and dies, there is less circulation of currency and extreme volatility.