You Will Find Bitcoin When You Have A Need To Know

I believe Bitcoin will continue to be the best performing financial asset in the world. As its adoption continues to grow, Bitcoin will increasingly be accepted as a viable monetary system, particularly by people of developing nations. Seekers of Bitcoin education and knowledge will pursue it because they have a need to know.

The majority of people discover Bitcoin when they have a need to know. This need often arises during crises, such as bank freezes, collapses, or country currency failures. When governments cause or fail to address failing currencies their people seek alternatives. Bitcoin’s characteristics address many of these failings, and this becomes apparent.

For example, it is no surprise that the country of El Salvador adopted Bitcoin, because their currency collapsed; they had a need to know of a good alternative. People in many developing countries without a reliable banking system, are increasingly recognising they are better off knowing about, and adopting Bitcoin. Even in the developed world, the monetary systems of countries are being questioned. With exponential debt levels and persistent inflation, the positive characteristics of Bitcoin are being recognised.

People in affluent countries, with leader who feel secure in the political standing have less of a need to about Bitcoin. In countries where there is no insecurity about the currency or banking system, there is no pressing need to understand Bitcoin. These countries will likely be slower to embrace Bitcoin or appreciate its potential as their monetary systems are functional.

There are many countries and people in the world with a need to know. For the financially disenfranchised and unbanked peoples of the world who are looking for a better future, Bitcoin serves as a great opportunity and equaliser. I believe that everyone is better off knowing about Bitcoin and what it can provide.