What is Bitcoin?
Bitcoin is the first and most popular cryptocurrency in the world, created in 2008 in response to the global financial crisis and uncontrolled money printing by governments. It is a decentralized digital asset that operates on blockchain technology, which ensures transparency, security and protection against counterfeiting. Unlike traditional currencies (euro, dollar), which are issued by central banks and can be printed without limits, Bitcoin has a limited supply of only 21 million coins, which makes it digital gold and protects against inflation.
How secure is Bitcoin?
The security of Bitcoin is based on several important factors:
1. Blockchain technology – all transactions are recorded in a public, immutable register that cannot be falsified or deleted.
2. Decentralization – Bitcoin is not controlled by a central bank or government, which means it cannot be manipulated for political or economic reasons.
3. Cryptography – The Bitcoin network uses strong encryption techniques, making it virtually unbreakable.
4. Limited Supply – Unlike fiat currencies (euro, dollar), which can be printed indefinitely, the amount of Bitcoin is strictly limited, which protects against devaluation.
Why is Bitcoin safer in the long run than Euros or Dollars?
1. Protection against inflation
• Central banks (ECB, FED) continuously increase the money supply, which leads to a fall in the value of currencies.
• Bitcoin supply is fixed (21 million coins), so it maintains and even increases its value in the long term.
2. The sovereign's control over his own funds
• Banks can freeze accounts, governments can impose sanctions and confiscate assets, but Bitcoin is a sovereign asset that cannot be confiscated or blocked if properly stored (for example, in cold wallets - hardware wallets).
3. Global accessibility and neutral money
• Bitcoin can be used in any country and does not depend on a particular government policy or economic condition.
• The euro and the dollar depend on the political and economic decisions of the European Union and the United States, which can be unpredictable.
4. Long-term price growth potential
• Over the past 10 years, Bitcoin has been the most profitable asset in the world, beating stock markets, real estate and gold.
• As demand for Bitcoin continues to grow but supply is limited, the price will likely continue to rise for decades to come.
Conclusion
Bitcoin is safer in the long term than euros and dollars because it is not subject to inflation, government manipulation and central bank control. If the goal is to preserve and grow wealth over the next 10-20 years, Bitcoin is one of the best alternatives to traditional money.
