BITCOIN, THE METAMODERNISM CURRENCY
CRYPTOCURRENCY IS THE NEW GOLD…EVENTUALLY
By: Joseph Warren
In our metamodern world, one thing we have learned is that the individual is in charge and no where is it clearer than in bitcoin, the metamodernism currency.
It is not governmentally regulated, yet it is global. You, as the individual hold the power of your own account and your own transactions. You may invest in bitcoin, as you do with gold and many are perceiving bitcoin as the new gold. In a way, many are right. It is respected, yet many are skeptical because you cannot hold it, yet, you can store it. You are in charge of your own account. There are no fees, no middleman, no statement print-outs. You, as an individual are completely in charge and responsible.
If you store it incorrectly, you may be hacked; like gold, if you store it in your couch, your couch could be sold with your gold in it.
Bitcoin and gold are marketable commodities, and each makes for a great investment. One must understand its volatility. One must understand and appreciate its impressive rise in the cryptocurrency market as well as as the currency market.
As a digital guru or as a financial guru, one must understand that there is still no real stability in it; yet as it grows as a democratic platform, so too will its popularity and uptake.
So realiable and consistently monitored is gold, that many expect bitcoin to be the same; one day it very well may be. If the Central Banking and Financial powers have any say it, uptake will be common and bitcoin will no longer be simply for the digitally-minded, but for the common investor, also.
Living in a global society allows for change, and one of our greatest changes in global finance is cryptocurrency.
Bitcoin is digitally tangible, and the only person in charge is, you, the individual.