Before viewing these exciting educational videos and articles on the prospects for bitcoin, ponder this thought from the book THE MAGIC OF THINKING BIG:
"Successful people are just ordinary folks who have developed belief in themselves and what they do. Never--yes, never--sell yourself short...the size of your success is determined by the size of your belief."
Now even if you end up not being interested in bitcoin and cryptoassets as a potential wealth builder, I suggest you always remember this quote!
It also important to mention the extreme importance of critical thinking - in this day-and-age of social media where anybody can present ideas regardless of their truthfulness, it is an imperative that you think for yourself! (If you want a good book on this topic check out ELEMENTS OF CRITICAL THINKING: A Fundamental Guide to Effective Decision Making, Deep Analysis, Intelligent Reasoning, and Independent Thinking).
All right let's begin. Here is a short article from bitcoinist.com that is good to begin with, as it makes some great points in a concise manner.
Bitcoin (Not Gold) Remains Best Bet Against Debt-Based Fiat Ponzi Scheme
This article mentions "the debt-based Ponzi scheme central banks run with printed fiat currencies" that is one of the arguments put forth to explain the eventual mass adoption of bitcoin i.e. it will be the solution to this problem that all of this intractable debt is leading to.
An intriguing quote from this article for you to ponder:
"We believe bitcoin will be one of, if not the, largest network on the planet. We are in the middle of the greatest wealth opportunity … It’s beyond any of our imaginations"
Next a series of videos:
Will Bitcoin Reach 1 Million Dollars? Yes Here is Why!
Can Bitcoin Hit $1 Million ? - Realistically
Will Bitcoin Reach $1 Million Dollars? - Guarantee Almost
Will Bitcoin Reach $1 Million Dollars? Mainstream News Supports Bitcoin Fundamentals!
One would think that in order for bitcoin to increase in value it would become more and more "mainstream" as a source of payment and thus value. Here is the type of article that I find interesting in that regard: BitPay Says It Processed Over $1 Billion in Crypto Payments Last Year. Now while $1 billion is a lot of money, that number would likely need to go much higher (trillions perhaps) in order for bitcoin to be mainstream. But as the CEO of BitPay said, "“To process over a $1 billion for a second year in a row despite bitcoin’s large price drop shows that bitcoin is being used to solve real pain points around the world" Perhaps the trend is there...
Here is a very interesting article from a bitcoin veteran, who has seen the ups and downs and says: I'm As Certain As Ever, Bitcoins Revolution Is Only Just Beginning
"There are many parallels between bitcoin now and the internet in 1994. In 1994, the internet was just for hobbyists and hackers. I remember when I first used the Internet, the only things I could do were to buy diamonds and try to break into NORAD. There were very few uses. It took many years for the internet to become mainstream, but when it did, it transformed industries.
The long-term vision for bitcoin is to give the world economic emancipation. The potential if bitcoin is only limited by the imaginations of the entrepreneurs who work to drive this new virtual economy. To monitor and keep it honest, I believe that the community of users will ultimately self-regulate, possibly eclipsing or obviating the need for the various governments to regulate the crypto world.
I’ve been through the ups and downs with bitcoin, and I am as certain as ever that the bitcoin revolution is coming.
It is here to bank the unbanked, to democratize economic opportunity and to reevaluate governance. I expect that it will change everything from the banks and the financial system to healthcare, to democracy, even the government."
Definitely worth thinking about, wouldn't you say?