8 Reasons to use Crytocurrency in 2019
Source: https://news.bitcoin.com/eight-reasons-to-use-cryptocurrency-payments-in-2019/
Bring on 2018...2018 has been a year of delays, drama, FUD and price declines while we HODL.
Why the reason to use crypto in 2019?
Bank fees — we all know that banks are charging more and more for less services.
Money Remittance Internationally — have you sent money via Western Union, talk about a rip off.
eCommerce — Shopify and ETSY can accept Bitcoin and Bitcoin Cash. Expect others to do the same because of credit card merchant fees.
Data Security — hacking hacking and more data hacking. Need we say more?
Mobility — mobility as a form of payment is being adopted internationally. Crypto provides users to use cell phones. Look for Blockchain phones in 2019 :-)
Growing Market — certain markets like Asia are exploding with crypto usage, wages and more. It will become a “must have” for each country.
Commercial Use — we know the banks and Wall Street infrastructure being built in 2018 will launch in 2019 —— but don’t worry Bitcoin is dead.
Other reasons the article does not say:
Fiat currency issues — many countries around the world have nasty hyperinflation as their currency crashes vs the dollar
New Asset Class — Wall Street and others need an asset class to get % returns for their clients portfolios. ETF’s and other will fill that need.
2018 launch was delayed —- many thought we would see Q4 rises. All deferred to 2019.
Major adoption by firms — Fidelity, TD Ameritrade, ICE Exchange, Bakkt, all financial firms/banks are working like busy beavers.
2019 — here we come — hold on.
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With this delay, i'mascared of the next rise.
I believe Clif High's latest chart. That the next rise will see bitcoin go no-bid. In other words, you can't give me enough cash for my bitcoin. (but, how about that wheelbarrow)
I wish we had another run up and fall, like 2017.
Now, the pressure is so great, that the runup is not going to be tradeable.
HODLers held on through the lows, and now they will have to hold on through the highs. Getting out and getting back in will be fraught with peril.
Yes, they have financialized cryptos with their tools of the fiat world. Knowing when and where that want to take it is a wild guess. The only way is to understand and limit these tools that trade without have the real coins. They can short cryptos with fiat as they wish (with not the physical coins).