Bitcoin: Why You Need It - News Summed Up

Bitcoin: Why You Need It


This may well be the future for Bitcoin so to start a list of reasons why you should hold some Bitcoin must start with:1) A lottery ticket to a ride that some see having a 1,000% upside. You can buy things with bitcoin, and with bitcoin debit cards you can use it to buy things anywhere that takes Visa/Mastercard. Bitcoin is also a useful currency for B2B and while currently niche, bitcoin use for international payments is quickly expanding when products need to be bought quickly and the vendor needs to establish transfer of funds fast to cut out delays. For large sums bitcoin beats credit cards hands down as a bitcoin transaction can’t be reversed unlike a credit card payment that is always vulnerable to charge backs. That is still true but these days, you need to hold a little crypto, because it is a new positive sum financial instrument.


Source: Forbes December 06, 2019 16:07 UTC



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