When it comes to online currencies, bitcoin is the first cryptocurrency to be established in 1998-2009 as so called “the pre-bitcoin years”. Then a certain Satoshi Nakamoto who introduced the peer to peer electronic cash system on bitcoin that started the craze of investing in bitcoin.
Financially successful people like billionaire Richard Branson and Asia’s richest man Li Ka-Shing were investing in bitcoin, a fact that bitcoin has become more popular in the worldwide currency. One thing that investing in bitcoin is beneficial is because it has more advantages over the dollar and other world currencies. The government or country can control the bitcoin as another good thing about investing in bitcoin. Learn more about invest in bitcoin on bitcoinvest.cc.
Why investing in bitcoin is in demand?
World currencies are being controlled by their respective government and on that note why investing in bitcoin is in demand because bitcoin has lower inflation rate. Inflation rate refers to the increase of price of goods and services. Investing in bitcoin is secure since it bitcoin has code, the protocol, and beneficial incentives.
When you buy bitcoin and investing in bitcoin at the same time, there is an assurance that bitcoin will be more valuable in the future because of a fixed supply and by the year 2050, there is an estimate that the circulation of bitcoin will cater 500 people globally.
Investing in bitcoin is in demand since it has a lower falling risk compared to other currencies because bitcoin is a global currency that does not depend on a government policy that can cause a complete failure on the currency.
Bitcoin is portable compared to current major currencies and it is difficult to carry a large amount of money and we all know that there are regulations that control the carrying of large amount of money and investing in bitcoin and transaction with bitcoin is simple, easy and cheap. It is easy to carry million dollars worth of bitcoin in a memory card.