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Bitcoin (BTC) has been around for over a decade. All the “experts” who continue to claim it will crash and disappear, have been claiming that scenario for more than a dozen years. It’s been in their own interest for BTC to fail.

The truth is the US is drowning in trillions of dollars in debt. They’ve mismanaged and squandered our money for decades. The dollar is inflated beyond belief and the piper will have to be paid at some point.

I don’t know how long it will take for that to happen, but short term BTC prices seen increasing are actually irrelevant.

Experts are predicting one Bitcoin could reach the unbelievable price of between $180,000 – $500,000 by the end of this year. Personally, I think the $500,000 mark is high, but the year-end predictions are also irrelevant. What is a certainty, is Bitcoin will not crash and will continue to increase in value when inflation begins to affect the buying power of the US Dollar.

The inflation coming isn’t the fault of Trump. It won’t be the fault of Biden. The government has been printing money and diluting its worth for decades, well before either of these men became President. It will continue to do so.

I’ve done my best to suggest family and friends move at least some of their money into Bitcoin, or Bitcoin related stocks. I’ve tried to explain my reasons as best I could, but I haven’t explained it as well as Tyler Winklevoss.

For those unfamiliar with Bitcoin and why people are buying it, I urge you to read what Mr. Winklevoss has to say about the economy, and the future of Bitcoin, by clicking HERE.

You’ll get a better understanding of why people and institutional investors are moving fiat money into the sector of cryptocurrency.

Notice: Any and all discussion of a stock or investing should not be considered financial advice and is for entertainment purposes only. I often lose my car keys and forget where I parked my car. I am not a financial advisor. Do your own analysis before investing.