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Chances are you are reading this article following the latest frenzy of Bitcoin value jump that saw it just shy of the $20,000 mark. Now you are seeking reasons to purchase this cryptocurrency and the blockchain technology. Here are a few of the reasons you should:
MORE TO COME
The first thing many people think, if they hear of the existing price, is that they are too late and people that are still buying Bitcoin are simply jumping the bandwagon. In how to report fake forex brokers , with years of mining ahead and the currency continues to be in infancy (similar to teenage years), the worthiness of it is still to rise and it is an audio investment.
AUTOMATED TECHNOLOGY
Blockchain is not just about cryptocurrency. It is the future of supply chain and fighting counterfeiting. Super smart protocols such a DAO (Decentralized Autonomous Organization) and Smart Contracts are a few what to stem from blockchain that automate workings of a business and transaction of money.
SECURE
Every day people are robbed and bank heists are done. Bitcoin and Blockchain means that the money stored in your digital wallet reaches a security level that is extremely safe than the virtual number depicting your money in your local bank.
SAVING MONEY
Ever endured the bad experience where you need to send some money to another side of the world and the amount of charges for currency conversion, opening Letter of Credits, banking charges etc. made you cringe? Bitcoin eliminates all that. Since there is no banking system with regards to cryptocurrencies, there is no intermediary like a bank. You can avoid all these excessive charges by sending money right to the intended recipient.
TIME IS MONEY
Did we mention it is possible to send the amount of money directly yourself? That saves you the time since you do not have to fill in forms and applications. Just ask for the receiver's public address and click away the required amount.
NO INFLATION
Since Bitcoins are limited in number (only 21 million will ever be produced), the worthiness of this cryptocurrency can't be devaluated because the limited supply but an increasing demand means that it is self-floating currency. No inflation means an excellent investment.
YOUR OWN
Homepage: http://gigglyu.com/activity/p/433177/
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