This past week, Bitcoin hit $100,000 for the first time ever. To some, it’s just a really big number, but it represents something far deeper. This milestone isn’t just about price; it signals a major shift in how we think about money and financial systems.
Let’s take a moment to understand what’s happening. Bitcoin is moving into a new phase—one that challenges traditional banks and financial structures. It’s paving the way for a fairer, more independent, and transparent system.
A Quick Look Back at Bitcoin’s Journey
To truly appreciate where Bitcoin is now, let’s rewind a bit. Bitcoin’s story started in 2008 with a group called the Cypherpunks. They wanted to create a type of money that didn’t rely on banks or governments. In 2009, Satoshi Nakamoto launched Bitcoin, and the first steps toward a decentralized financial system began.
Over the years, Bitcoin’s adoption unfolded in phases. Early on, individuals started using it in small numbers (2011-2012). Then, professional crypto businesses began to emerge around 2014. By 2017, companies like Tesla and MicroStrategy saw the potential and started adding Bitcoin to their balance sheets. After that, hedge funds, pension funds, and other big investors joined in, culminating in the approval of Bitcoin ETFs in January of this year, viewing Bitcoin as more than just a gamble. For them, it became a way to hedge against risks in the traditional financial world.
But things didn’t stop there…
Bitcoin and Nation-States
We’re now in a phase where even countries are getting involved. El Salvador made Bitcoin legal tender, and some believe other nations may start using Bitcoin as a reserve asset. This means they would hold Bitcoin as part of their financial reserves, just like they do with gold or foreign currencies.
You might be wondering, “Why would countries, companies, and individuals all want Bitcoin?” The answer lies in what makes Bitcoin unique.
Bitcoin isn’t controlled by a central bank or politicians. Nobody can create more Bitcoin on a whim, unlike traditional money, which can be printed in large amounts and lose value through inflation. With Bitcoin’s fixed supply of 21 million coins, it offers protection against these risks. It also gives you the power to manage your own money, free from the risk of banks collapsing or governments changing the rules.
A New Type of Value
Bitcoin’s design is rooted in mathematics and scarcity. Traditional money relies on trust in institutions, but Bitcoin goes beyond that by being predictable and independent.
Some people debate whether Bitcoin has “intrinsic value.” This term usually refers to something like gold, which is valuable because of its physical properties and scarcity. Bitcoin, though, has scarcity and adds something new—features like programmability and decentralization. In a world where more of our lives are digital, these qualities can be just as valuable, if not more so.
Maybe it’s time we think about a new definition of value for digital assets. Bitcoin represents a new kind of value, exceptionally suited for the modern age.
Why $100,000 Isn’t the End
Reaching $100,000 is a big deal, but it’s not the finish line. It’s the beginning and more like a checkpoint in a much larger journey. As inflation rises and economic instability continues, Bitcoin offers a way to protect your wealth and stay independent.
Fifteen years ago, who could have guessed where we’d be today? Millions of people now own Bitcoin. Companies use it to strengthen their financial strategies. Countries are adopting it as legal money. Even major figures in traditional finance are acknowledging Bitcoin’s role, with Jerome Powell, the U.S. Federal Reserve Chair, comparing it to digital gold.
We’re not just watching a trend—we’re part of a financial shift. As Bitcoin continues its path, it’s becoming clear that the future of money doesn’t belong to banks or governments. It belongs to all of us.
Stay with us and follow us at HowToBuyBitcoin.org on this exciting journey into the future (of money).