Typically, a currency becomes universal based on the security and trust it inspires, as is the case with the dollar. However, when it comes to implementing Bitcoin (BTC) as a universal currency, important questions arise. This is a currency that, despite its robust technology (blockchain), lacks “security or proven information” in the traditional sense and can be influenced by those who hold the largest reserves — the so-called “whales”.
Even so, I believe that Bitcoin will be the universal currency in the near future, perhaps within less than 10 years. Its adoption is growing on a global scale, both by individuals and companies and even governments, as a way to escape the limitations of fiat currencies.
Unfortunately, the “get rich with BTC” period is over for most, due to the exponential appreciation it has already experienced. However, buying Bitcoin now can be a strategic investment to be part of the future, when it will be much more expensive to acquire it.
Bitcoin is not just an investment opportunity, but a step towards a more decentralized global financial system. And, regardless of initial doubts or resistance, whoever takes the plunge today will be prepared for the changes to come.
