Community post
Why you Bought Bitcoin
Bitcoin has surged to new highs, reaching a little over $8000. Lendedu.com has provided data on why you bought Bitcoin. They surveyed 564 people: 40.78% or 230 people invested because Bitcoin is a world-changing technology, 21.81% or 123 people invested because Bitcoin is a long-term store of value, like gold or silver, 15.25% or 86 people invested because a friend or family member recommended it, 14.01% or 79 people invested because they believe the price is too low, and while 8.16% people invested because they plan on using Bitcoin as a form of payment.
The technology behind Bitcoin, blockchain, is what seems to appeal to most people. Blockchain is disrupting the financial services industry, Bank of America, Goldman Sachs, JP Morgan, and KPMG are some of the participants adopting the new technology.
- Data is provided by Lendedu.com (https://lendedu.com/blog/investing-in-bitcoin)
Replies (4)
I bought bitcoin for lambos but now holding it for technology lol 😂
Haha, I was the opposite. I loved how Bitcoin broke the current financial system and freed us from the banking cartel. I'm in it for the lambos too ;)
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