The 5 big impacts that Bitcoin will cause in your life

in #bitcoin8 years ago

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  1. Justice
    Bitcoin's cash transfers are relatively low in cost compared to international bank transfers. Sending money abroad using bitcoin (or other encryption) can be done without using the banking system. Bitcoin can not be created or devalued by national governments and therefore is immune to inflation. Citizens of impoverished countries can buy bitcoin to protect their money from the decline in the value of their national currencies. The same applies to dollars, pounds and euros.

  2. Wealth
    Bitcoin has shot up more than 53,000% since 2009, when the first block ("block of genesis") was created. And the future of bitcoin's value is very bright. Only 21 million bitcoins can be produced based on their distributed computer code (and 16 million are already in circulation), which means that Bitcoin has a very limited offer.

  3. Access
    Bitcoin has the potential to make personal finances easy for everyone. Available at your fingertips through your mobile phone every day, 24 hours, anywhere in the world.

  4. Facility
    Bitcoin's growing services are proving that bitcoin is simple with easy-to-use payment options, including debit cards, international transfers and foreign exchange.

  5. Freedom
    Those who are familiar with bitcoin today will be given smart lifestyle choices for the future:
    Manage your digital money
    Saving and investing
    Spend smartly
    Be your own 'central bank'
    Support global finance innovation in impoverished regions
    New options for lifestyle

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