Bitcoin, the crypto currency, has become huge in popularity over the recent years.
One of the main features i like about bitcoins is its transactions are anonymous. But that makes me wonder if a time will come when it will be banned worlwide. It has started in many countries.
Hmm, basically this question is being asked since the blockchain was produced and implemented. The thing is, all the coins are still running with more and more popularity every other day. Its in the news, governments thinking about new application in their system and private companies are already using the blockchain to help improve their systems.
By system I really mean, a regularised computing power, with secured storage, links, permanent data storage over blockchain. This is making the industries gain more trust over their techs and impress the end users. Now I dont have to mention that this is not with automobiles, or tech companies but also with medicine and Pharma sectors. Data transcription over blockchain is the new sector now.
So where does the bitcoin in this scenario ?Well, when it comes to use of blockchain then directly or indirectly customers are getting to know Bitcoin in the first place. Let us consider a scenario of curiosity and luck! They usually come and invest for sure side by side! This is indirect marketing of bitcoin through the use of blockchain.
I hope you guys are linking the whole story on how bitcoin won't die or get banned.
The use is actually rising and no one can do anything about it to the extent where it will get banned worldwide. Its pure way of making transactions and most trusted form of digital currency.
Lets agree on one thing that bitcoin is being crucified since it started but it is still running.