Bitcoin Shaping Our World

There has been much upheaval in the world of financial affairs since the advent of cryptocurrencies in 2013. Bitcoin made anonymous, untraceable and immutable transfers possible. With it came a wave of innovations that eroded the firmly-set belief that traditional banks with their imperfect structures are the uncontestable masters of economies. Bitcoin became a shining light of opportunity for beleaguered economies and an instrument that has already changed our world for the better over the last few years, despite its volatile rate dynamics.

Bitcoin is more than a cryptocurrency, as it is now an instrument of political importance. The fact that it is not controlled by any states or banks makes it an ideal instrument for storing value. Given its relatively stable rate and prospects of price increases over the coming years, Bitcoin has become a potential lifeboat for millions of people seeking to escape the yoke of uncertainty that their national economies are subject to. With the dwindling trust in the US dollar throughout the world and the effects of the infamous and utterly counterproductive sanctions becoming evident, many subjects of economies, such as those of Iran, Turkey and Venezuela have resorted to using Bitcoin as a tool for saving their assets from depreciation and inflation.

Bitcoin also prevents banks from controlling the economy, as it provides an alternative to the financial system the world is used to. With its near instantaneous transaction speeds and immutable nature, the cryptocurrency is not subject to any external economic factors and offers a means of bypassing the many bureaucratic hurdles that plague traditional banking systems and restrict access to financial services to the unbanked and millions of other people deprived of education and basic integration into economic activities. In addition to its high speeds, Bitcoin also eliminates the need for intermediaries, thereby minimizing commissions and reducing costs for businesses that would otherwise have faced fraud, delays, negotiation risks other expenses.

But there is only one real way of obtaining Bitcoins, and that way is the original way. The genesis of blocks through mining and the ensuing rewards in Bitcoins is still the most certain way of generating the cryptocurrency and reaping the rewards.

It is because of the sound nature of Bitcoin that the Astra cloud mining pool has decided to focus its attention on it as the core of its activities. And given its immense combined mining power, fully transparent mode of operation, low entry thresholds and favorable contracts, Astra is aimed at becoming the leader in Bitcoin generation and a reliable source of income for its clients.