Bitcoin’s astronomical rise is almost beyond belief. As a new digital currency and now a worldwide sensation, it has made headlines in global economies. But what if you told me this back in 2013? Would you take this Bitcoin purchase advice?
Say hello to Davinci Jeremie, an exceptional YouTube influencer. He is a Chilean who adores Bitcoin, as seen in his early faith in its promising future. It is not random because he is the CEO of a cryptocurrency firm and certainly loves all about it.
This all really was back in May 2013 – Bitcoin was largely ignored and traded at $112 on the stock exchange. At the same time, Davinci did something incredible – he uploaded a video to YouTube and urged his subscribers to buy bitcoin. Incredible, isn’t it – a dollar investment that could eventually change your life with the help of bitcoin.
In 2013, this dude on YouTube begged everyone to buy just $1 worth of bitcoin PIC.TWITTER.COM/RIK3ZVONIM
— Historic Vids (@historyinmemes) MARCH 29, 2024
Jeremie, along with other daredevils, understood the vast potential of the cryptocurrency – where the blockchain works, and the centralized control of financial institutions disappears. In fact, such transactions would cost much less. Nowadays, Bitcoin is not just an investment instrument, because it is already being used as a method of payment by many organizations. Munich Re, IDB, and Visa Inc. already use it, and by 2024/25, experts predict that the digital currency will be worth $ 90,000.
Fast forward to today, and Bitcoin’s price sits around $69,307. That’s a monumental growth compared to the $112 Davinci witnessed in 2013. This highlights Bitcoin’s financial power. It empowers unbanked populations globally, granting them access to financial services without intermediaries. Its purchasing power has also been on a sharp incline since its inception.
Think about it – you are talking about a 13.900% return on an investment of $1,000! This is the potential for change that Bitcoin has. At the same time, it is vital to remember once again that the cryptocurrency market can be very unstable. Although impressive, the previous price will not guarantee the same value in the future. The story of Davinci’s Bitcoin purchase advice is illustrative in this sense.
It is a story about one person who might have drastically changed the lives of many other individuals if he had not been endowed with greed. Nevertheless, the Bitcoin story is far from over. At this point, it has already managed to make a considerable impact on the world’s financial system.