Nationality: German
Residence: Bad Vilbel
Field of study: Bachelor Professional
University: Martin-Luther-King-Schule
Work experience: Senior Financial Accountant
Current affiliation: Arelion Germany GmbH
Current position: Senior Financial Accountant
Why is Bitcoin interesting? Bitcoin is like digital gold, unique because it doesn’t need a bank or government to work. Imagine sending money to a friend without having to go through a bank, using just your phone. That’s Bitcoin. It’s special because it’s the first of its kind, using technology called blockchain that makes sure every transaction is safe and visible to everyone, kind of like a public notebook that can’t be erased or changed. What also makes Bitcoin stand out is that there are only 21 million Bitcoins that can ever exist, making them rare and valuable, much like precious metals. In short, Bitcoin is a new, secure way of handling money that belongs to everyone and no one at the same time, changing how we think about and use money in our digital world.
My touchpoints with Bitcoin so far: My interactions with Bitcoin have primarily revolved around its role as an investment vehicle. Many people view Bitcoin as a digital asset that can potentially offer high returns, thanks to its volatility and historical price increases. Investors often buy Bitcoin hoping its value will rise over time, treating it much like stocks or real estate. This perspective has led to widespread discussions on portfolio diversification, with Bitcoin being considered an alternative investment to hedge against inflation or currency devaluation. My knowledge also covers how Bitcoin’s market sentiment, global economic events, and regulatory news can significantly impact its price movements, making it a fascinating yet risky investment choice.
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