Investing in Bitcoin: The Growth Potential is Huge
Judging by the news about possible strategic reserves of BTC in the USA and Switzerland, proposals in the State Duma of the Russian Federation, corporate discussions (for example, at Microsoft and Amazon), and statements from world leaders about Bitcoin, it becomes clear: cryptocurrency has not yet exhausted its possibilities.
Initially, I believed that this cycle would be the last with such a sharp increase. However, given the current situation, it is hard to imagine how the unrealized investment potential can be realized in the remaining few months before the expected peak in spring.
What lies ahead:
Countries will start actively competing to accumulate Bitcoins.
Pension and insurance funds, banks will move towards large-scale investments in cryptocurrencies.
The largest corporations and stores will accept cryptocurrency as a means of payment.
Governments will start actively engaging in mining, as Bhutan does.
The recognition of Bitcoin as an official currency will become a common phenomenon rather than an exception, as in El Salvador.
Bitcoin could surpass gold in capitalization, strengthening its status as a safe-haven asset.
The potential for further growth is enormous.
