Chances are that you are reading this article following the latest frenzy of Bitcoin value jump that saw it just shy of the $20,000 mark. Now you are searching for reasons to invest in this cryptocurrency and the blockchain technology. Here are a few of the reasons you need to:

MORE TO COME

The first thing many people think, if they hear of the existing price, is that they are too late and people that are still buying Bitcoin are just jumping the bandwagon. In truth, with years of mining ahead 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.

AUTOMATED TECHNOLOGY

Blockchain is not just about cryptocurrency. It is the future of supply chain and fighting counterfeiting. Aerodrome app of DAO (Decentralized Autonomous Organization) and Smart Contracts certainly are a few what to stem from blockchain that automate workings of a business and transaction of money.

SECURE

Every day people are robbed and bank heists are done. Bitcoin and Blockchain ensures that the amount of money stored in your digital wallet is at a security level that is extremely safe compared to the virtual number depicting your money 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 world and the amount of costs for currency conversion, opening Letter of Credits, banking charges etc. made you cringe? Bitcoin eliminates all that. Since there is no banking system with regards to cryptocurrencies, there is absolutely no intermediary like a bank. You can avoid all these excessive charges by sending money directly to the intended recipient.

TIME IS MONEY

Did we mention it is possible to send the amount of money directly yourself? That saves you the time since you don’t need to fill in forms and applications. Just ask for the receiver’s public address and click away the mandatory amount.

NO INFLATION

Since Bitcoins are limited in number (only 21 million will ever be produced), the value of this cryptocurrency can’t be devaluated as the limited supply but an ever increasing demand means that it is self-floating currency. No inflation translates to an excellent investment.

YOUR OWN

Is It Feasible To Invest In Bitcoin?

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