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Crypto Enthusiast Arif Efendi - The Reason I Prefer Cryptocurrency Over Stocks
Bitcoin and other cryptocurrency are increasing in popularity and are being accepted by major companies like Microsoft, Starbucks and Starbucks as payment methods. According to Arif Efendi an entrepreneur and crypto enthusiast as well as an philanthropist, this is just the beginning.

Cryptocurrency - The Beginning
My fascination with cryptocurrency started some time ago. It's something that's been on my list for quite some time, however, I never did anything about it, initially. I find cryptocurrency fascinating today.

https://books.google.com/books?id=hKg-rQcBNXsC&pg=PA116&lpg=PA116&dq=arif+efendi&source=bl&ots=EFE1PiM3Ai&sig=ACfU3U3oNsT3WmKjIDqIxGtl7RGXYItkHw&sa=X&ved=2ahUKEwjS0pnK_ML3AhUvg4kEHW9cC0E4ChDoAXoECCMQAw What has drawn me to cryptocurrency? https://businesscloud.co.uk/news/arif-efendi-answers-all-your-questions-about-cryptocurrency/ The blockchain technology is the reason that has made cryptocurrency so popular. This is especially true in the case where Bitcoin and other cryptocurrency are based upon blockchain technology.

Naturally, my first passion was blockchain technology. What is the best way to keep data immutable in the course of time? Arif Efendi Further studies were conducted to find the best data storage and encryption techniques (which is also used in cryptography).

This is where it gets really fascinating. Blockchain's impermanence, and its decentralization, among other features, makes it the ideal tool to cast a vote online. Online elections can be expensive and risky, however cryptocurrency could be able to alter this.

A quick Google search for cryptocurrency led me to a story about Kik's ICO (Initial Coin Offering) of messaging platform Kik. This realization made me realize that cryptocurrency is not limited to only financial business models.

Differences between stocks and cryptocurrency
Many have asked me about the differences between cryptocurrency and stocks throughout the years. Although there are some similarities investing in cryptocurrency is very different than investing in stocks. Here's a quick overview of the differences.

The cryptocurrency is intangible, virtual money that can be made online and exchanged.
It is possible to convert cryptocurrency into real currency. But, it usually requires a fee.
The cryptocurrency does not have a physical shape.
The transactions involving cryptocurrency can't be reversed.
Stocks are the shares owned by shareholders in corporations which trade on the market for public trading.
Arif Efendi When an investor buys shares, he is buying equity (ownership) within a company.
Why I Choose Cryptocurrency Over Stocks
Cryptocurrency is a very popular subject in the investment and finance world. Many people see cryptocurrency as an excellent investment that will provide high returns in the long-term. Also, I think cryptocurrency is a more long-term investment option than stocks.

https://books.google.com/books?id=hKg-rQcBNXsC&pg=PA116&lpg=PA116&dq=arif+efendi&source=bl&ots=EFE1PiM3zl&sig=ACfU3U0taqiPz0ckve0PPDyMbQPLp16JAA&sa=X&ved=2ahUKEwie2ZHH_ML3AhVIq3IEHSC2AQEQ6AF6BAgnEAM Arif Efendi Stocks can be volatile for short periods of time. However, cryptocurrency is much more reliable, stable and safer that makes it an excellent investment choice in my opinion. It is possible to eliminate middlemen in international transactions by using cryptocurrency.

This makes it simpler for those who are unable to get financial institutions to accept their clients due to factors like incomprehensible charges or excessive minimum deposits. Cryptocurrency can be used to increase your earnings.

However, they are more volatile than cryptocurrency because of the regulations that increase during an economic crisis or recession. Therefore the investment in stocks can be more risky than investing in crypto.

The widespread acceptance of cryptocurrency will open new opportunities. Businesses like Starbucks, Microsoft and others have begun accepting cryptocurrency. This makes cryptocurrency accessible even in everyday transactions. I think this allows cryptocurrency to be a viable option for trading.

Cryptocurrency is Here to Stay
Satoshi Nakamoto, a pseudonymous creator, developed the first cryptocurrency Bitcoin in 2009. Over 700 kinds of cryptocurrency are available now. There are a variety of cryptocurrencies that have different values. It is all dependent on what the people believe about them.

Certain of them are now in decline and others have experienced rapid growth in popularity due to the development of innovative business models. A lot of cryptocurrency fans believe that cryptocurrency will soon become the most popular form of money worldwide, as it allows for fast transactions that can be completed online.

The problem is that cryptocurrency hasn't yet reached this point. A mere 0.1 percent is thought to be the rate of adoption. Arif Efendi But, it is clear that cryptocurrency has seen a rapid growth in recent years. This is why a lot of cryptocurrency enthusiasts, like me believe that it is likely to become the dominant currency within the next few years.

Many people were initially skeptical of the concept of cryptocurrency coming from an unknown entity. They were unsure of the mechanism behind it. But, the growth in the value of Bitcoin since its beginning has led to the fact that more people are now fascinated by cryptocurrency.

Arif Efendi This is the reason there are more than 700 cryptocurrency. The number of cryptocurrencies available is predicted to increase. It's obvious that cryptocurrency is going to be around for the long run. It's appearing everywhere, including in novelty vending machines that offer cryptocurrency. Yet, cryptocurrency is not exclusively for the novelty market.

The cryptocurrency market is growing which means that there are more jobs for cryptocurrency than ever before. There are more cryptocurrency jobs than there have ever been, and that's why there is an increase in interest. If you are a crypto enthusiast, prepare for some wild times.
My Website: https://www.instagram.com/arifefendi165/