Is It Feasible TO PURCHASE Bitcoin?

Chances are you are reading this article after 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 invest in this cryptocurrency and the blockchain technology. Below are a few of the reasons you should:


The first thing many people think, when they hear of the current price, is they are too late and people that are still buying Bitcoin are simply jumping the bandwagon. In truth, with years of mining to come and the currency continues to be in infancy (more like teenage years), the worthiness of it is still to rise and it is an audio investment.


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 an organization and transaction of money.


Every day people are robbed and bank heists are done. Pendle and Blockchain ensures that the money stored in your digital wallet reaches a security level that is extremely safe compared to the virtual number depicting your cash in your local bank.


Ever endured the bad experience where you will need to send some cash to the other side of the planet and the amount of costs for currency conversion, opening Letter of Credits, banking charges etc. made you cringe? Bitcoin does away with all that. Since there is no banking system when it comes to cryptocurrencies, there is absolutely no intermediary like a bank. It is possible to avoid each one of these excessive charges by sending money right to the intended recipient.


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 complete forms and applications. Just ask for the receiver’s public address and click away the mandatory amount.


Since Bitcoins are limited in number (only 21 million will ever be produced), the value of this cryptocurrency cannot 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.


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