Post
Topic
Board Bitcoin Discussion
Re: What you can benefit from investing in Bitcoin
by
Mr.right85
on 13/01/2024, 23:26:35 UTC
As a late investor in Bitcoin, I have come to realize some benefits from investing in this cryptocurrency which includes
I must say, the first thing I had to look out for after seeing your thread header was if you own at least some fraction of Bitcoin at all. As, one can’t go ahead talking about benefits on some commodity that you don’t possess. Of course you might find them on some piece of material somewhere but, nothing talks about benefits more than when you’ve got that commodity in your possession and experience it first hand.

Quote
1: With just your smartphone you can carry out financial services.
4: As a business owner or an entrepreneur one can accept payment in Bitcoin. 
5: When there is currency devaluation, one can use Bitcoin to protect their wealth even though there is risk of price volatility.
It’s important that you recognize the relations between volatility as to Bitcoin with regards to what inflation is to fiat so, if you know how to manage it, then you could as well know how to set your priorities.

Eventually, options one and four aren’t exactly an exclusive benefit, they are things that are shared in common with fiat and that doesn’t make it anything special. Fiats can be accepted as means of exchange, digitally or even using CBDC and it all that could be done on a smart device as well.