Journal Entry: Stamatina Bourret-03/07/2024-Digital Economy Course-Lesson 4

Journal Entry

Lesson 4

– The thoughts I have about putting a percentage of total assets into a specific type of asset class like Bitcoin can be a positive or a negative situation. There is always a risk involved. As long as you understand that there is a risk and you are able to watch how that asset class is doing; it can ultimately make you a pretty substantial financial impact.

– A finite supply of 21 million bitcoins would increase the price over time. It makes it an item that eventually you would not be able to purchase after the 21 million were gone. This would make it more valuable and therefore increase its worth.

– I think the government will begin to regulate Bitcoin at some point. From my perspective, once that occurs it will decrease the value. Once the government gets involved with regulations and approvals the value at that point will begin to decrease.