Is It Feasible TO PURCHASE Bitcoin?
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 trying to find reasons to purchase this cryptocurrency and the blockchain technology. Below are a few of the reasons you need to:
MORE TO COME
The first thing many people think, when they hear of the existing price, is they are too late and people that are still buying Bitcoin are just jumping the bandwagon. In truth, with years of mining ahead and the currency continues to be in infancy (similar to teenage years), the worthiness of it is still to go up and it is an audio investment.
AUTOMATED TECHNOLOGY
Blockchain is not only about cryptocurrency. It is the future of supply chain and fighting counterfeiting. Super smart protocols this type of DAO (Decentralized Autonomous Organization) and Smart Contracts certainly are a few what to stem from blockchain that automate workings of a business and transaction of money.
SECURE
Every day folks are robbed and bank heists are done. Bitcoin and Blockchain means that the money stored in your digital wallet is at a security level that's extremely safe than the virtual number depicting your money in your local bank.
SAVING MONEY
Ever had 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 does away with all that. While there is Refundee banking system in terms of cryptocurrencies, there is absolutely no intermediary like a bank. It is possible to avoid all these excessive charges by sending money right to the intended recipient.
TIME IS MONEY
Did we mention you can send the money directly yourself? That saves you enough time since you don't need to complete forms and applications. Just ask for the receiver's public address and click away the mandatory amount.
NO INFLATION
Since Bitcoins are limited in number (only 21 million will ever be produced), the value of this cryptocurrency can't be devaluated as the limited supply but an ever increasing demand means that it really is self-floating currency. No inflation means an excellent investment.
YOUR OWN