More than two decades, we are witnesses of how internet changer our lives, from everyday habits like talking and chatting to each other, to business where we today very often have situation that people are working from their home, without going to theirs company. Internet and technology are making our lives easier. In the past all of countries currency was backgrounded in gold. As everything is improving their level, people expected something that will make their financial lives easier. Bitcoin and other cryptocurrencies are made with that idea, making financial businesses easier without third party. Very often Bitcoin is compared to gold and that is only one fact why people are still believe in Bitcoin. Cryptocurrencies are the future and that is the fact.
Digital currencies are threat to the traditional financial system. Here is explanation why. Every national currency is controlled by the central bank, government and other institution. Bitcoin is complete opposite to this, there is no institution or central bank that have control over the value, volume and the number of coins in the circulation. Bitcoin is decentralized network developed with the idea to make financial transaction easier and deflationary. Besides these facts price and the way how people can earn good profit makes people to have faith in Bitcoin.
Those people how invested or still investing in Bitcoin, are people who believe in Bitcoin, but they are mostly people without technology knowledge and they are not professional investors. There are also people from the other side, experts who have knowledge about cryptocurrencies, blockchain technology and security protocols. These people are giving to the other\'s people sense of legitimacy.