Post
Topic
Board Economics
Re: Why spend time in bitcoins?
by
robbietobby
on 17/09/2018, 14:05:10 UTC
We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.
Bitcoin is an easy way to earn a lot of money and that too in a short period of time.Everyone wants to get rich and bitcoin is a blessing for all of us.Many people face financial crisis and so people find ways to earn money.So people are trying their luck in bitcoin and are also getting lucky.People must try bitcoin.One should buy bitcoins and hold them for future purposes as the prices will rise definitely in the future.People say that bitcoin is a waste of time but it is the fastest way to earn.

Bitcoin is a cryptocurrency which means it is an alternate currency to our own. Bitcoin adds a new element to the world economy and it cant go through inflation. Bitcoin is supported by thousands of people "mining" for bitcoins:

  • 1. Bitcoins unlike the federal currency are not backed by federal funding and banks to make it secure, instead they have separate people making it secure.
  • 2. Bitcoin mining is where you make your computer do complicated math equations while you slowly rake it bitcoin profit by helping the security of the currency. By offering an incentive (bitcoins) for securing the currency they make people want to help, getting stronger by the day. Bitcoins are an economic revolution and their functions are useful and plentiful.