A developer crafted Bitcoin after the global financial system collapsed in 2009 and governments started printing fiat currency.
This was a perfect substitute as no bank will have control over the BTC trading, and it is the decentralized ledger that will keep the accounting of who owns how much.
Although BTC protected your coins from hackers, it maintained trade secrecy, giving way to money laundering and terrorist funding.
Bitcoin started garnering the attention of hedge fund investors in November 2020 when the governments stalled the pandemic crash with fiat money, understandably.
Isn’t it absurd that Dogecoin multiplied the very thing BTC tried to prevent ? A developer created Dogecoin in 2013 as a spoof to BTC.
And anything remotely crypto around Musk is that his company Tesla has invested US$1.5 billion in BTC as an alternative investment.
Remember, Dogecoin is unlimited and gives tremendous power to influencers like Musk and Bezos, destroying the very purpose of an alternative to fiat currency.
You can’t buy BTC through your Tax-Free Savings Account , but you can buy the Purpose Bitcoin ETF from this account.
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