Is It Feasible To Invest In Bitcoin?

Chances are that you will be reading this article after the latest frenzy of Bitcoin value jump that saw it just shy of the $20,000 mark. Now you are searching for reasons to purchase this cryptocurrency and the blockchain technology. Here are some of the reasons you should:


The first thing many people think, if they hear of the existing price, is that they are too late and people who 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 a sound investment.


Blockchain isn’t just about cryptocurrency. It’s the future of supply chain and fighting counterfeiting. Super smart protocols this type of DAO (Decentralized Autonomous Organization) and Smart Contracts are a few things to stem from blockchain that automate workings of an organization and transaction of money.


Every day folks are robbed and bank heists are done. Aerodrome crypto and Blockchain ensures that the money stored in your digital wallet is at a security level that is extremely safe than the virtual number depicting your cash in your local bank.


Ever had the bad experience where you need to send some cash to another side of the planet and the amount of charges 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 no intermediary like a bank. It is possible to avoid all these excessive charges by sending money directly to the intended recipient.


Did we mention it is possible to send the amount of money directly yourself? That saves you enough time since you do not have to fill in 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 can’t be devaluated as the limited supply but an increasing demand means that it is self-floating currency. No inflation translates to an excellent investment.


Leave a Comment