Why You Should Use Bitcoin

Bitcoin is a private currency created as an opposition to the problematic currency system currently in place. So why use it? For these reasons here:


1) Bitcoin is free from banker/government influence

Inflation and currency shortages are often caused by outside influence. Typically the government trying to move resources in a direction it believes favorable or by bankers trying to slowly steal it without notice. Bitcoin is free from that and the currency addition is only 25 bitcoins per ten minutes. A ghost in comparison to the U.S. currency quantity change.

2) Transaction fees are lower

Often currency includes a transaction fee that gives you a constant small burden. Bitcoin's smaller transaction fee will lighten that burden.

3) Black Markets will accept your money

Bitcoin is international and black markets accept it. The government has a harder time following bitcoin exchanges than their own currency.

4) It is Volatile

One day a bitcoin is worth practically nothing and the next they are worth a few thousand. If it becomes more popular then the few bitcoins you have now may skyrocket in worth. Since the beginning of last year it has been an upward slope and no sign of it dropping back down.

A few dollars worth of bitcoin is worth the investment. And maybe one day currency will be free from government corruption and bleeding.

No comments:

Post a Comment

Comment here on how awesome this post was! Then share it so your friends can see your comment too!