Lesson 4: Digital Economy: Bitcoin Halving
Critical Thinking Responses:
1.) The thoughts I have about investing in bitcoin are simple. It seems like a very solid investment and a good strategy to create an income stream that will allow myself to create assets that I will be able to use in the future. As far as specific percentages of total assets into the Bitcoin markets are concerned I believe that Bitcoin is showing a huge increase in stability and that is why people are investing as they are in the market lately. Since Mr. Trump was elected and his willingness to back the market publicly people are seeing that this is a market even a billionaire believes in. So of course it is going to do well. The question is for how long, and at some point I would be interested in diversifying my investment portfolio. In my opinion it can be very dangerous to invest all your money in one market…
2.)In my opinion having a finite supply of coins is going to continue to increase the price of the coin. I say that only if the currency can remain an acceptable form of payment that people can utilize as consumers, or unless it became a privately traded commodity.
3.) I believe that at some point the government will not necessarily try to regulate the market but instead will create it’s own market to rival the Bitcoin. This system has already been created and the patent is held by Bill Gates. The patent was issued, to the best of my recollection, in March of ’21 or ’22. At some point the bitcoin will have to do something to continue to stay viable in its ability to remain a strong market.
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