Nationality: German
Residence: Germany
Field of study: Mechanical Engineering (M.Sc.)
University: TUM
Work experience: Student
Current affiliation: Working Student @ BMW M
Current position: Working Student
Why is Bitcoin interesting? Bitcoin is interesting because it introduces a decentralized digital currency that operates without a central authority, like a bank or government, using blockchain technology to ensure transparency and security. It also offers the potential for global transactions with relatively low fees, enabling financial inclusion for people without access to traditional banking. Its scarcity (only 21 million coins) and its deflationary nature have made it a popular store of value, akin to digital gold. Moreover, Bitcoin challenges conventional monetary systems and has sparked innovation in the broader field of cryptocurrencies.
My touchpoints with Bitcoin so far: As for my touchpoints with Bitcoin, I’ve encountered it through various discussions about its role in the financial ecosystem, its use as an investment vehicle, and the underlying blockchain technology. I’ve also seen the growing interest in Bitcoin’s potential as a hedge against inflation and its ability to disrupt traditional banking models. Its volatility and regulatory challenges have also been key topics of conversation. I haven’t directly used Bitcoin myself but keep up with its developments.
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