Scott Debevic
Jan 17, 2023

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-Bitcoin has a limited supply, fiat is unlimited
-it’s safe and inexpensive to custody Bitcoin. Not so with fiat where you have to rely on third parties or absorb risk.
-Bitcoin can be sent worldwide in minutes for significantly less than the cost of sending fiat
-Historically fiat money loses spending power. Historically Bitcoin gains spending power.
-Bitcoin provides an option for people in countries with runaway inflation
-Bitcoin keeps a history of every transaction. It requires no middlemen or intermediary.
-Bitcoin provides the opportunity for people without access to banking to be their personal bank.
-Bitcoin provides diversity to a portfolio because of its asymmetrical upside ability.
-Bitcoin isn’t completely controlled by central banks. It relies on supply and demand.

These are just a few that come to the top of my mind. Thanks for the exercise!

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Scott Debevic
Scott Debevic

Written by Scott Debevic

My goal is growing wealth and earning passive income. Mainly focused on Bitcoin and crypto. Feel free to contact me at: scottdebevic@gmail.com

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