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The boom has already been presented for a few years ago (remember that at the beginning this issue of encrypted money was not so important), the boom and take in large amounts of bitcoins or other is thanks to the capacity of deflation, revaluation and avoidance of constant regulations, this boom is born and caused by the characteristics that I just mentioned. For example, if you see the case of Venezuela, you realize that the boom is becoming more exponential thanks to the fact that with the cryptocurrencies the people of that society repel and take care of the constant exponential inflation they experience each year, as well as in Argentina. Adopting a digital asset for such a long time makes your 100% adaptation become more than 1000% a conceptual issue of boom.

In recent years, within the world of cryptocurrencies, some concepts have been coined around certain events, in this case I come to discuss what is known as "The Bitcoin effect", which is basically defined as the result of the adoption of the Bitcoin by any company or institutional organization. It began with the most recent case, that of PayPal, a company that decided to venture into the crypto market last October and launched its platform during November, it was rumored that Paypal was buying 95% of the recently mined Bitcoin at a price between 17,800. and 18,300 dollars, this event in general caused that Paypal will increase its prices on the New York Stock Exchange, each share going from 180 dollars to 223 dollars, a historical maximum for the company and it is estimated that in this fiscal semester it earned 40 % more than in the past due to your investment. Another case is MicroStrategy, which invested a total of 250 million dollars, thus acquiring 20,000 Bitcoin's each at $ 12,500, its shares rallied 12% immediately, and today the company's earnings are above of the 150 million dollars in less than 4 months Many call this the Bitcoin effect. What is your opinion about it, do you agree?

Big news for adoption of cryptocurrencies are coming from S&P Dow Jones Indices (a division of S&P Global), one of the major index providers. This company has recently announced its plans to launch cryptocurrency indexing services in 2021 for more than 550 of the top traded cryptocurrencies. These indices are planned to use data from the crypto data firm Lukka to measure the performance of top 500 cryptocurrencies by market capitalization. This is intended to provide reliable pricing data, reducing risks associated with high volatility, hence making it easier for investors to access cryptocurrencies. Clients will be then able to work with S&P to create customized indices. Interestingly, this move is expected to give cryptocurrencies the status of “mainstream investment”, as the companies involved consider the cryptocurrency market is "at a point of institutional interest in maturity". This is just another sign of the burgeoning interest that large financial institutions and big corporations have been lately showing in Bitcoin and the cryptocurrency market in general. Famous examples include Japanese investment bank Nomura Holdings and PayPal. I see the following significant implications of this latest trend: Legitimization and credibility of the cryptocurrency market, leading to mass adoption. Bridging the existing gap between cryptocurrency ecosystem and traditional finances. More institutional investors following this trend, with obvious consequences in the price. As always, I'm glad to read your thoughts, feel free to share them below at any time.

This topic deals with whether is it convenient to invest in Bitcoin now, based on its current level of adoption. From electricity to internet and smartphones, the adoption of pretty much every technological development from the 19th century, interestingly fits in a "curve of adoption", which indicates an exponential rate in a "S" shape. In simple terms, the lower part of the "S" curve represents the initial phase of adoption of a new technology, which is naturally slow. The middle portion of the curve, is when adoption rapidly accelerates upwards to culminate in the upper portion of the "S", which marks the point where a new technology has been massively adopted. Where is Bitcoin in its adoption curve? Data by financial consultants Cornerstone Advisors have revealed that Bitcoin has reached a 15 % of adoption in the US (image below) since its launch in 2009. This is a somewhat significant point because according to this concepts this is the precise point of the curve when adoption rate begins to accelerate towards 100 %, which according to Brian Estes (Off The Chain Capital) could possibly occur within ten years. Overall, this data would indicate that this is the right time to invest in Bitcoin rather than when its adoption rate experiences a rapid increase. Even though these concepts indeed make some sense and Bitcoin apparently is fitting the curve so far (image below), we all now about the unpredictability of Bitcoin. Then the question is whether you would take an investment decision based on this kind of data?