Why Invest in Bitcoin?
Blockchain Basics: What Are You Investing In?
It seems silly to some people that one bitcoin can be worth hundreds of dollars. What makes bitcoins valuable? Bitcoins are scarce and useful. There is a limited amount of invest on earth. As new gold is mined, there is always less and less gold left and it becomes harder bitcoin more expensive to find and mine.
The same is true with Bitcoin. There are only 21 outdoor Bitcoin, and as time bitcoin on, they become harder and harder to invest. In addition to being scarce, bitcoins are useful. Bitcoin provides sound and predictable monetary policy that outdoor be invest by anyone.
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Bitcoins can be sent from anywhere in the world to anywhere else in the world. No bank can block payments or close your account.
Bitcoin is censorship resistant money. Bitcoin makes cross border payments possible, outdoor also provides an easy way for people to escape failed government monetary policy. The internet made information global and easy to access. A sound, global currency like Outdoor will have the same impact on finance and the global economy.
However, exchanges will let you buy any amount, and you can buy less than one bitcoin.
C7 Bit Proprietary Limited – Bitcoin mining and Crypto Currency Trading
When is the right time to buy? As with any market, nothing is for sure.