Safe - Haven Asset?
The Bitcoin is a protocol implemented in open-source software that allows a peer to peer network to reach consensus on the allocation of the property.
The Bitcoin protocol is decentralized, created by Satoshi Nakamoto (a pseudonym), anonymously, in 2009
The Bitcoin might be promising to the long period, it is only a matter of time before the banks to develop their own strategy on the digital currency.
There are 4 applications of Bitcoin:
- Investments (Trading - Start-Up)
- Business (Mining)
- Blockchain
- Altcoins
Bitcoin these days dropped by a value of 6,380$ to a value of 5,017$ a hard blow, but knowing that the Bitcoin is a transparent system and a resilient system, I think that the Bitcoin is a safe haven to which give confidence.
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