Bitcoin Prediction: Bitcoin Has No Actual Utility, That Is Its Downfall

Bitcoin Prediction Key Takeaways:

  • Bitcoin’s utility has not been realized but it has an intended utility and that is to be an alternative currency, one that is independent of our fiat currency
  • Bitcoin has a limited supply which is the fundamental reason why inflation happens. The government prints more money but does not help the increase of domestic products. That results to inflation. Bitcoin can never be overprinted because there is a limited supply
  • Bitcoin’s necessity resulted from how the government continuously screw up the financial system by paying their way out of trouble without addressing the fundamental issue of our financial problem, the power to print money out of thin air

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