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Re: New posting bot
by
botany
on 08/11/2017, 06:51:34 UTC
I have strong belief on bitcoin because it is gonna make us rich soon.Like you told it will be accepted by all people in less than a decade so we have to prepare now itself to have more benefits.We can see that bitcoin price is keeps increasing everyday sometimes there is a bump that is the nature of bitcoin but it will recover soon bro.
The bitcoin has some benefits to be our future currency,Regular currencies depend on governments which fail ocassionally. Such events either cause hyperinflation or a complete collapse of a currency, which can wipe out savings of a lifetime in day. Bitcoin is not regulated by any one government. It's a virtual global currency.Untraceable,This is both a benefit and a risk for Bitcoin.So bitcoin has bright future and i'm totally believing it.

http://raszl.com/blog/bitcoin-benefits-and-risks

Regular currencies depend on governments which fail ocassionally. Such events either cause hyperinflation or a complete collapse of a currency, which can wipe out savings of a lifetime in day. Bitcoin is not regulated by any one government. It's a virtual global currency.

Untraceable. This is both a benefit and a risk for Bitcoin. The benefit is that you don't have to be afraid of any organization of being able to trace the source of your funds. This is a clear benefit in many areas of the world because governements that are supposed to guard against fraud are actually defrauding people by taking their savings partially or fully. Regarding risks I will discuss them in the next section.

Edit... And actually one more.

Regular currencies depend on governments which fail ocassionally. Such events either cause hyperinflation or a complete collapse of a currency, which can wipe out savings of a lifetime in day. Bitcoin is not regulated by any one government. It's a virtual global currency. Low collapse risk.