Chances are you read this article after the latest frenzy of the Bitcoin jump value that sees it only with a $ 20,000 sign. Now you are looking for reasons to invest in this cryptocurrency and blockchain technology. Here are some reasons you must:
Will come more
The first thing he thought about, when they heard the current price, was that they were late and people who still buy Bitcoin just jumped the bandwagon. Actually, with years of mining will come and currencies are still in infancy (more like teenagers), that value is still up and it is a healthy investment.
Blockchain is not just about cryptocurrency. This is the future of the supply chain and forces counterfeiting. Super Smart protocols such as DAO (decentralized autonomous organizations) and smart contracts are some things to be dammed from blockchains that automate organizational work and money transactions.
Every day the people are robbed and Heis Bank is done. Bitcoin and Blockchain ensure that the money stored in your digital wallet is at a very safe security level than the virtual number that describes your money in your local bank.
Ever have a bad experience where you need to send money to the other side of the world and the amount of accusations for currency conversion, opening credit letters, banking costs, etc. Make you horrified? Bitcoin eliminates all that. Because there is no banking system when it comes to cryptocurrency, there are no intermediaries like the bank. You can avoid all of these excessive charges by sending money directly to the intended recipient.
TIME IS MONEY
Do we mention you can send money directly? It saves your time because you don’t have to fill out forms and applications. Just ask for the recipient’s public address and click the required amount.
There is no inflation
Because Bitcoin is limited to the number (only 21 million to be produced), this cryptocurrency value cannot be awarded as a limited inventory but increasing demand means that it is a independent floating currency. No inflation translates into a very good investment.
Remember the Greek financial crisis where the city council was asked to hand over extra cash to the central bank? With a normal currency, the central bank is the owner, not you, and can force you to return it to them. Bitcoin is owned by anyone, but yourself for the number. No one can force it from you.