That’s the million Dollar question, and there’s probably a ton of answers you could give yourself. Are you fascinated by money and technology? Do you want to push the boundaries of money itself and participate in one of the biggest economic experiments of the past century?
At some point, you’ll hear people say “Bitcoin is great, but you’ll never use it to buy your coffee every morning”. It’s a sign they haven’t really sat down to think about what money is, or how different people around the world use it. In fact, people are already using Bitcoin to buy their morning coffee!
Are you unserved or underserved by the current international banking system because you or your family live in an emerging economy or freelance for clients overseas? Are you under 18, or work in an industry the credit card companies or PayPal don’t approve of? Have you ever had an account frozen for some random irregularity, or had to pay over $20 in international money transfer fees just to send your funds to a friend or loved one? Bitcoin is the perfect solution to all of those issues.
If you’re a merchant – either online or brick-and-mortar – accepting Bitcoin is faster and cheaper than credit cards, and all payments are final. Fees are lower and there’s no risk of fraudulent chargebacks.
Perhaps you think the value of Bitcoin will increase in future and want to invest in it. Or maybe you’ve been reading about the existing fiat currency/central banking and international financial system, realize something’s not quite right with it and want to place control of your money back in your own hands. Bitcoin allows you to do this.