Skip to main content

What do you think about the long-term future of bitcoin? - Primexbt

 Hello Investor,  So - you've seen what the great minds of the world think about Bitcoin.And you also took a look at the material that we are preparing, but do you know why we are so caught up in this new monetary madness? listen to the sharing about Bitcoin of the company's analyst primexbt

Bitcoin is the Future of Money

Because Bitcoin is the future of money - and we want to be a part of it.To understand why Bitcoin is the future, it is important to understand how money has changed history and how history has changed history.The first exchanges were based on barter , exchange a dozen eggs for a hen; take cows for a wife.Some civilizations even traded goods and services for promises of payment in the future, but that was terribledifficult to track and assign an exact value to each of these credits. And so we invented money.  

Bitcoin is future


At first it was simple things - like stones or seashells. A few thousand years and we moved to precious metals and gemstones; but all of this became difficult to store and transfer.Paper money was the next big thing; your gold or silver has been exchanged for various amounts of coupons and voila!At any time, you can use this little slip to grab a hint of silver or a drop of gold.

Over time, trust in banks grew - and the governments (who controlled the banks) realized that they could print more money whenever they needed it.Debt and inflation followed soon after; a quick fix leads to quick trouble, after all.

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

This system cannot continue forever - these currencies will be eventually completely devalued. There are over 10,000 types of paper currency in the world, and all of them are subject to the whims of a government; it can be easily forged, lost, or destroyed.The world needed a new solution. And one was done. Bitcoin is the future. It's durable and divisible; it's verifiable and valuable.These are all things an ideal form of money should be, with the principles ofmathematics - the same principles that dictate our world - offering that it favors these attributes. We believe it is time to invest in a new form of money that is not controlled by countries; one that is supported by mathematics;one that is open source and understand. And so we're putting our money where our mouth is (quite literally), and opening the doors to making Bitcoin available to all. As always, we've created another infographic to guide you through this journey of money, and the future of finance.

You're familiar with our credentials - we're the leader in Primexbt, but have you ever wondered why? It's not just because of our amazing staff (and we are pretty amazing); it's not just because we've been featured in both print and digital media around the globe; and it's not just because we offer the most competitive rates for cryptocurrencies - without any of the stress of maintaining the hardware.

It's because we're open and transparent - about who we are, about what we do, and about where we mine. Transparency sets you apart in an industry that's built on the back of cryptographic ciphers and large profits. In 2016, Business Insider stopped by our main operation in Iceland, and took a few photographs

Comments

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...

Director of BIS Innovation Hub: COVID-19 reveals the value of DLT

Benoît Cœuré, director of the Innovation Hub at the Bank for International Settlements, recently said that central bank digital currencies, or CBDCs, crypto, have been “highly centralized.” amid the corona pandemic. On April 17, speaking during a webinar organized by Accenture, the Bretton Woods ReReinventing Committee and the Chamber of Digital Commerce, Cœuré said that “the crisis has revealed the value of technologies that have the potential to help the industry. economic expansion of its activities”. He also revealed that the Bank for International Settlements (BIS) is looking into tokenization or crypto as a possible solution, to restart some segments of the economy during the lockdown period because of Covid-19. Corona pandemic reduces cash consumption The head of Innovation Hub highlighted the decline of cash payments during the Covid-19 pandemic, and affirmed that the current economic situation creates a lot of discussion around CBDCs: “Central bank digital currency is being di...

Bitcoin price has plummeted but still can't break through resistance!

Currently, Bitcoin on primexbt exchange is facing a strong bearish trendline resistance. Throughout the past week, Bitcoin has failed to break above this resistance line. Just like my analysis last week, when Bitcoin first hit this downtrend line, I also predicted Bitcoin to be pushed down. Figure 1: BTCUSD, COINBASE, EASY Price Chart On the daily time frame (D) Bitcoin is still at a very strong psychological resistance price area, which is a price area that many traders are interested in. As you can see in Figure 1, Bitcoin is facing the following resistance levels: - Old support becomes new resistance - Price range of exponential moving averages EMA20 and EMA50 - Touching the downtrend line So this is still in a very strong resistance area, this price area we will analyze on 2 different points of view. 1. Bitcoin continues to plummet This week I am still basing on the Bitcoin analysis from last week to make the next analysis and prediction for this week. Looking at it objectively on...