• Bitcoin is on the rise, with many consumer-grade tools coming out to make it easier to use.
• El Salvador is leading the way in its adoption, showing the power of Bitcoin as a currency of peace, as opposed to fiat currencies that are connected to violent regimes.
• The stage is now set for Bitcoin to replace fiat as the main way people spend, as more and more people wake up to its advantages.
The Bitcoin revolution is picking up steam. After years of development and a political struggle against the forces of “Democracy”, the Bitcoin network is now stronger than ever and is slowly but surely replacing fiat currency as the main way people spend.
Consumer-grade Bitcoin tools are popping up all over the place, making it easier than ever to use the network. Wallet of Satoshi, Samourai Wallet, Breez, Muun, Phoenix, Pine, and BlueWallet are just a few of the mobile phone-based tools that are helping to make Bitcoin more accessible. These applications are paving the way for a new sector of Bitcoin-based applications – Consumer Bitcoin.
Consumer Bitcoin is set to have an enormous impact on the way the world works. Fiat currencies are often linked to violent regimes, and as more people become aware of this, they are increasingly turning to Bitcoin as a currency of peace. One of the most prominent examples of this is El Salvador, which has become something of a market leader in its adoption of Bitcoin.
The stage is now set for Bitcoin to become the main way people spend online and offline. As people become aware of the advantages of Bitcoin – and the disadvantages of fiat currencies – the use of Bitcoin is sure to grow. With the development of consumer-grade tools for using the network, the switch from fiat to Bitcoin is becoming easier and faster than ever.