What is Bitcoin & why is cryptocurrence so popular?

Bitcoin was the word buzz in the financial area. In fact, Bitcoin exploded the scene in recent years and many large companies and many large companies now jump on the Bitcoin or Cryptocurrence band-band who want a piece of action.

People are new total in the cryptocurrence space are constantly asking this question. “What is Bitcoin really really?”

Well, for Starters Bitcoin is actually a digital currency of control of any federal government, it is used around the world and can be used to buy things like your food, drinks, real estate, cars and other things.

Why is Bitcoin so important?

Bitcoin is not sensitive to things like government control and fluctuations in foreign currencies. Bitcoin is supported by all the faith of (you) the individual and it’s strictly even-pair.

This means that anyone who completes transactions with Bitcoin, the first thing they realize is that it’s much cheaper to use than trying to send money from the bank to the bank or to use other services that require sending and receipt of international funds.

For example, if I wanted to send money to Sayons China or Japan, I should have an incentive of a bank’s fees and that it would take hours or even days for this amount to get there.

If I use Bitcoin, I can easily do my portfolio or mobile phone or a computer instantly without any of these fees. If I wanted to send, for example, gold and money, it would require many guards that it would take a lot of time and a lot of money to move from point ingots to another. Bitcoin can redo it with a touch of finger.

Why do people want to use Bitcoin?

The main reason is that Bitcoin is the answer to these governments and destabilized situations where money is no longer as valuable as it is. The money we have now; The currency of Fiat paper that is in our portfolios is worthless and a year from now, this will be worth even less.

We have even seen big companies that show interests in blocking block technology. A few weeks ago, a survey was brought to a handful of Amazon customers, whether they are interested in using a cryptocurrence if Amazon creates one. The results of these have shown that many were very interested. Starbucks has even referred to using a Blockchain mobile application. Walmart even asked a patent on a “smart package” that will use blocking technology to track and authenticate packages.

During our lives, we found that many changes take place since the way we buy, the way we look at movies, the way we listen to music, reading books, buy cars, look for houses , now how we spend money and the bank. Cryptocurrence is there to stay. If you have not already done so, it’s time for anyone to completely study cryptocurrence and learn to take full advantage of this trend that will continue to prosper over time.

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