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Crypto Enthusiast Arif Efendi - The Reason I Like Cryptocurrency Over Stocks
Large companies like Microsoft and Starbucks accept cryptocurrencies like Bitcoin as a method of payment. Arif Efendi who is a crypto enthusiast and humanitarian, believes that this is just the beginning.

The Beginning of Cryptocurrency
My interest in cryptocurrency started years ago. It's been a subject that has been on my radar since quite a while. However, I haven't done anything to make it happen. The concept of cryptocurrency is intriguing to me today.

What got me interested? The blockchain technology is what created the popularity of cryptocurrency. This is especially true in the case of Bitcoin and other currencies built on blockchain technology.

Naturally, my initial interest was in the blockchain itself. What can be done to keep data in a non-changeable way over time? Further studies were conducted to find the best data storage and encryption methods (which is also used in cryptography).

This is where things get really interesting. Blockchain's immutability, decentralization, and other qualities make cryptocurrency an ideal tool for voting online. Online elections can be expensive and can be dangerous, but cryptocurrency could transform that.

I also managed to locate an article about the ICO (Initial Coin Offering) of Kik through an easy Google search. It helped me see that cryptocurrency can be used in every type of business, not just financial.

The Differences Between Cryptocurrency and Stocks
A lot of people have asked me questions about the differences between cryptocurrency and stocks in the past. Although there are https://uk.linkedin.com/in/arif-efendi-4a128a3a , investing in cryptocurrency is distinct than investing in stocks. Here's a quick summary of the distinctions:

Cryptocurrency is a form of virtual money created and exchanged online.
There is a way to convert cryptocurrency to real currency. But, it usually involves a cost.
Cryptocurrency doesn't have a physical form.
The transactions involving cryptocurrency are irreversible.
Stocks are shares of ownership of companies that are traded on public markets.
When investors purchase stocks, they are purchasing an ownership stake in a business.
Why I prefer cryptocurrency over Stocks
It is now a current topic in the field of investment and finance. Many consider cryptocurrency to be an investment option that could provide high returns in the long run. Additionally, I believe that cryptocurrency is a better long-term investment than stocks.

Stocks can be extremely volatile over very short time frames. The stability of cryptocurrency makes it secure, predictable and less risky, which makes it a much better investment choice. It eliminates middlemen from international transactions.

It allows many people who cannot gain access to financial institutions due to confusing charges or minimum deposits. By using cryptocurrency, they can increase their earnings potential, increasing their income faster, even if they only deal with cryptocurrency.

Due to the excessive regulation that is enforced in times of economic recession, or crisis and stock market volatility, stocks are more volatile than cryptocurrency. It is more risky that investing in cryptocurrency.

The growing acceptance of cryptocurrency will bring new opportunities. It is now possible to conduct daily transactions using cryptocurrency through companies such as Microsoft as well as Starbucks. It makes cryptocurrency a simple option when it comes to trading one over the other, in my opinion.

Cryptocurrency is Here to Stay
Satoshi Nakamoto, a pseudonymous developer, created the very first cryptocurrency Bitcoin in the year 2009. Over 700 different cryptocurrencies are today available. There are numerous cryptocurrencies with different value. It all depends on what the people believe about them.

A few have fallen into the dust and others have gained prominence rapidly due to the development of new business models or commoditization a valuable resource. Many cryptocurrency enthusiasts believe cryptocurrency will soon become the most popular method of payment in the world. Cryptocurrency allows for fast transactions that can be useful for ecommerce.

However, cryptocurrency isn't yet achieving this. The percentage of people who use cryptocurrency is as low as 0.01 percent. But cryptocurrency has grown rapidly in the past couple of years. Many people who are interested in cryptocurrency, like myself, believe that cryptocurrency will become a major currency in the future.

Many people initially reacted skeptically to the notion that cryptocurrency was introduced through a mysterious entity. But, the growth in value of Bitcoin since its beginning has resulted in a rise in the number of people who are now fascinated by cryptocurrency.

This also explains the greater than 700 different crypto currencies currently available. This number is expected only to grow. The fact that cryptocurrency will be around for the long haul is undisputed. http://www.ispir.gov.tr/kadizade-mehmed-arif-efendi popping up everywhere, including in novelty vending machine that can offer cryptocurrency. However, cryptocurrency isn't only used for novelty devices.

The industry of cryptocurrency is growing so there are more cryptocurrency-related jobs available than ever before. It is evident why cryptocurrency is here to stay thanks to growing popularity and the increased number of cryptocurrency jobs. If you are a crypto enthusiast, prepare for some exciting times.
Homepage: https://uk.linkedin.com/in/arif-efendi-4a128a3a