Why Trade Bitcoin?
While there are many reasons to start trading Bitcoin, let’s start with an obvious fact. Fiat currencies and traditional investing are coming to an end.
Things are going digital. We buy and sell things online, we study and entertain ourselves online, we purchase travel deals online.
Yet, online platforms like PayPal - once revolutionary - have also failed. With high transaction fees and slow processing times, we need better solutions.
As Peter Thiel said, “PayPal had these goals of creating a new currency. We failed at that, and we just created a new payment system. I think Bitcoin has succeeded on the level of a new currency, but the payment system is somewhat lacking. It’s very hard to use, and that’s the big challenge on the Bitcoin side.”
Solutions that the world of cryptocurrency and blockchain technology can offer! Bitcoin and other cryptocurrencies are a great alternative to traditional finances. No more hidden processing fees, no more waiting, no more leaked personal details!
Does this sound too abstract? Well, the truth is that the number of Bitcoin ATMs is rising. Only in the UK, there are hundreds of BTC machines. Bitcoin can be used as a payment method in restaurants, cafes, and retail shops. You can get a Caffe Nero gift card with BTC. How much more real can things get?
Bitcoin also brings us closer to bridging the wealth gap in today's world. Even unbanked people without a bank account can get a digital wallet and start buying Bitcoin and digital currencies. And believe it or not, Bitcoin and other digital assets can also be used as an inflation hedge and protect economies worldwide.
And for those who don't think that's enough: Bitcoin owners have the unique chance to potentially make sufficient Bitcoin cash tucked safely in their crypto wallets.