Skip to main content

Bye bye, Dollar - It's time to invest Bitcoin

I will be a new series of daily emails and crypto starting you more about bitcoins in general as this is something a lot of you have been asking for some time, you want to trading. In addition to currency pairs, stocks you can now trade Bitcoin at primexbt 

Bitcoin to the Dollar: Bye Bye

The banks know it...and they can't do anything to stop it!

Time for Bitcoin

Many will try to stop it or slow it down, but the rise of cryptocurrency is the Internet money that is about to be as destructive as the global web was to many companies at the turn of the century.Also CEO of the International Monetary Fund, Christine Lagarde, admitted that “Bitcoin and cryptocurrency 

have as much of afuture as the Internet itself.” She goes on to regretfully say that “It could displace central banks,  conventional banking, and challenge the monopolies of national monies… It even puts a question mark on the fractional banking model we know today.”

This comes down to the ultimate use of money, and in every way, the  cryptocurrencies beat central banknotes.

Outside of major currencies, like the US dollar, I think billions of people would agree that they trust cryptocurrency more than their national currencies.

Remember, Bitcoin and cryptocurrency don't have to take on the dollar in 2017. They can first wipe away 90% of the other national currencies before the big title fight.

People in China, India, Venezuela, Argentina, and all throughout Africa are already making Bitcoin their medium of exchange.

This specifically includes the 2 billion unbanked people who happen to have a smart phone, which is all that's needed for a Bitcoin wallet. Cryptocurrency is already a better way for payments and transferor money. 

See more: What do you think about the long term future of bitcoin?

The blockchain self-validates, and the fees are nil compared to banking fees. This isn't going to happen overnight, but the path for cryptocurrency to dethrone, it has been around for 10 years and growing stronger day by day we will give you up to 100x leverage with BTC-USD at Primexbt.  Whatever commissions you will earn this month - you can claim similar amount in December for free and therefore Double Commissions 

central banks is certainly on the table over the next 10 years.

Comments

Post a Comment

Popular posts from this blog

Compare Bitcoin investment and Bitcoin trading at Primexbt

In recent months in 2021, bitcoin has broken out in value from $5,000 to $69,000, attracting a huge wave of interest from both professional and casual traders. When participating in this volatile bitcoin trend, the first thing you need to do is decide whether to trade or invest in this cryptocurrency.The suitability of these two options depends on many factors, ranging from a willingness to take risks to a long- or short-term investment strategy. To help you make the right decision, we've listed some characteristics of both below: Bitcoin Trading on primexbt It is possible to speculate on the price without actually owning it Leverage can be applied to open a position with a very small amount of money Can trade quickly without having to wait for the exchange It can find opportunities to sell and buy BitcoinsGreater short-term profit potential, while also higher risk Invest in Bitcoin Allows you to get the most out of your purchased bitcoin ownership Must make purchases through excha...
Post a Comment
Read more

Tron DApps Available on Samsung App Store

Tron is expanding its ecosystem of cooperation with Blockchain Samsung in a new field that incorporates Blockchain games, which will be made available on its mobile devices. The Tron (TRX) project was announced on April 27, stating that applications built with Blockchain will be available on the Samsung Galaxy store. Tron DApps Available on Samsung App Store Tron and its tokens are backed by Samsung's Blockchain Vault, which stores private keys in a secure storage box. The integration is announced alongside Bitcoin (BTC) and Ethereum (ETH). As Tron has announced, Samsung's app store will include "Blockchain apps like Cuties, Super Player, Meerkat Mining, and Timeloop." It should be noted that Blockchain Cuties is a cross-platform game, and more and more Ethereum users are participating, even though transactions mostly take place on Tron. According to Dappradar.com, Super Player is probably currently an Ethereum-specific project. The other two applications are not yet ...
Post a Comment
Read more

Japanese financial group SBI and SMFG cooperate to launch digital bank

The second largest bank in Japan will sign an agreement with SBI Holdings to provide digital banking services on smartphones. As primexbt news reported on April 27, Sumitomo Mitsui Financial Group (SMFG) and SBI have taken the first steps towards a multi-million dollar deal that will conclude discussions this week, before Japan The version takes place during the Golden Week holiday. In June, SMFG will buy a 20% stake in NeoMobile Securities, a subsidiary of SBI. By the end of this year, SBI will accept an investment from SMFG and create a new $1 billion fund to invest in digital technology companies. This new fund will seek to invest in a variety of investment areas such as financial technology, blockchain and 5G. Close relationship with Ripple SBI is known for its XRP cryptocurrency. Chief Executive Officer (CEO) Yoshitaka Kitao is a member of Ripple's board of directors. He also has a close friendship with Satoshi claimant Craig Wright - the company has considered paying dividen...
Post a Comment
Read more