Bitcoin is no longer the new and virtually unknown asset that it was just twelve years ago. On the contrary, today the cryptocurrency created by Satoshi Nakamoto is one of the most important financial products in the world. Attracting millions of people from around the world to its ecosystem. That is why, at a time when banks, companies and individuals are entering the crypto market en masse, Samson Mow wonders in the Tweet of the day if it’s time for Bitcoin:
Just a few years ago, if you had asked any serious analyst about the possible uses of Bitcoin, the answer would have been disappointing. And it is that, until very recently, no one in the traditional economy believed that the cryptocurrency was nothing more than a speculative product that would eventually fall.
Today, the landscape is totally different for the crypto world. Well, after several years proving its usefulness and technical capabilities, traditional companies are beginning to pay attention to Bitcoin. Thanks to this, nowadays traditional banks consider the launch of cryptocurrency exchanges. While several top-tier companies begin to seek to save in virtual currency.
To make matters worse, Bitcoin’s strong performance in recent months compared to fiat money has also raised the profile of BTC as an asset store of value. Especially in the uncertain times we are currently going through. Something that seems to be reflected in the price of the cryptocurrency, which has reached all-time highs. While crypto influencer Samson Mow suggests that Bitcoin’s time may have come on his Twitter account:
«Banks prepare to launch cryptocurrency exchanges, companies are discussing their $ BTC reserves on a quarterly basis, and #Bitcoin has delisted from gold and stocks.«.
Thus, Mow conveys the feeling that we could be starting a new era in the world economy. In which, the beginning of the hour of Bitcoin will increase the relevance of the cryptocurrency in companies and organizations around the planet.