Bitcoin has always been a popular word in the financial field. In fact, in the past few years, Bitcoin has exploded on the scene, and many people and many big companies are now jumping in the trend of bitcoin or cryptocurrency and want to act in part.
People are always asking new questions about cryptocurrency. “What is real Bitcoin?”
For starters, bitcoin is actually a digital currency and is not controlled by the federal government. It is used worldwide and can be used to buy food, beverages, real estate and other items, cars and other things
Why is bitcoin so important?
Bitcoin is not subject to government control and foreign currency fluctuations. Bitcoin is backed by (you) personal total conviction, and it is strictly point-to-point.
This means that anyone who uses bitcoin to complete a transaction, the first thing they realize is to use a lot less money from the bank to the bank than to try to bitcoin latest news today send it or use any other services that need to send and receive funds internationally
For example, if I wanted to send money to China or Japan, I would have to charge the bank for a fee. This cost takes hours or even days to get there
If I use Bitcoin, I can easily get it from me the purse or phone or computer is easily completed without any cost. If I want to send gold and silver, this will require a lot of security personnel, which takes a lot of time and a lot of money to move the gold.
Why do people want to use Bitcoin?
The main reason is because Bitcoin is an answer to these unstable governments and funds that are no longer valuable. Now we have the money; the paper money in our wallet is worthless, and it will be worth less a year later.
We have even seen large companies show interest in blockchain technology. A few weeks ago, a survey took place on a few Amazon customers, regardless of whether they were interested in using cryptocurrencies (if Amazon created them). This shows that many people are very interested in this. Starbucks even hinted at the use of blockchain mobile apps. Walmart even applied for a “smart packaging” patent that will use blockchain technology to track and verify packaging.
Throughout our life cycle, we have seen many changes taking place in the way we shop, the way we watch movies, the way we listen to music, read books, buy cars, find housing, and now how we spend money and Bank business. Cryptocurrency stays here. If you haven’t already, anyone should fully research the cryptocurrency and learn how to make full use of this trend. This trend will continue to flourish.