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 purchase this cryptocurrency and the blockchain technology. Here are a few of the reasons you should:
MORE TO COME
The first thing many people think, if 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 ahead and the currency is still in infancy (similar to teenage years), the worthiness of it is still to go up and it is a sound investment.
AUTOMATED TECHNOLOGY
Blockchain is not just about cryptocurrency. It is the future of supply chain and fighting counterfeiting. Super smart protocols such a 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.
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 compared to the virtual number depicting your cash in your local bank.
SAVING MONEY
Ever had the bad experience where you will need to send some money to the other side of the planet and the amount of charges for currency conversion, opening Letter of Credits, banking charges etc. made you cringe? zircuit staking does away with all that. While there is no banking system when it comes to cryptocurrencies, there is 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 amount of money directly yourself? That saves you enough time since you do not have to complete forms and applications. Just ask for the receiver’s public address and click away the required amount.
NO INFLATION
Since Bitcoins are limited in number (only 21 million will ever be produced), the worthiness 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 translates to an excellent investment.
YOUR OWN