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Samuel Stokes
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Samuel Stokes   My Press Releases

Easy To Understand.....Bitcoin

Published on 4/2/2018
For additional information  Click Here

                                              Easy To Understand.....Bitcoin
 
 
Why Bitcoin is Gaining Traction..
The world is becoming ever more reliant on the internet.
So, really:
It is no surprise that Bitcoin, a secure, global, and digital currency has claimed the interest of investors.
Bitcoin is open to everyone and provides an exciting opportunity to delve into an entirely new asset class.
Investing in bitcoin may seem scary, but know that it takes time and effort to understand how Bitcoin works.
Why Bitcoin is Gaining Traction
Why Invest in Bitcoin?
Bitcoin’s Price
When is the right time to buy?
How to Invest in Bitcoins and Where to Buy
How to Secure Bitcoins
Should you Invest in Bitcoin Mining?
Final Thoughts
Note: Bitcoin with a capital “B” references Bitcoin the network or Bitcoin the payment system; bitcoin with a lowercase “b” references bitcoin as a currency or bitcoin the currency unit.
Why Invest in Bitcoin?
It seems silly to some people that one bitcoin can be worth hundreds of dollars.
What makes bitcoins valuable?
Bitcoins are scarce and useful.
Let’s look to gold as an example currency. There is a limited amount of gold on earth.
As new gold is mined, there is always less and less gold left and it becomes harder and more expensive to find and mine.
The same is true with Bitcoin.
 
There are only 21 million Bitcoin, and as time goes on, they become harder and harder to mine. 
In addition to being scarce, bitcoins are useful.
Bitcoin provides sound and predictable monetary policy that can be verified by anyone.
Bitcoin’s sound monetary policy is one of its most important features. It’s possible to see when new bitcoins are created or how many bitcoins are in circulation.
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, and 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 Bitcoin will have the same impact on finance and the global economy.
If you understand the potential impact of Bitcoin, it won’t be hard to hard to understand why investing in bitcoin may be a good idea.
 
Written by
Russell Birtwistle
 
 

To Our Mutual Success in 2018,

 

Samuel Stokes
Phone #: 253.576.3570
Skype- darkstar1957
E-Mail: stokes.samuel1@gmail.com
http://www.ibourl.com/kfr

 
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