In the wake of the internet era, nerds in dark basements discovered and developed cryptocurrency. Cryptocurrency is the new currency of the internet and with its growing popularity, it will sure to transcend PayPal. Cryptocurrency is the thing that you want to be in on this season. With Bitcoin, the most popular currency trading at $7,000 United States Dollars, why wouldn’t you need to get a slice of that pie?
Some are Cautious when it comes to cryptocurrency because it is not backed by anything. No gold, no oil, no actual cash behind it. Experts suggest that this money will soar over the next year and long-term predictions place Bitcoin in excess of $12,000.00.
With nothing to Back the money, you may be asking yourself why you should invest in this brave new world?
Electronic Funds are the norm in addition to the future
Ask yourself this question. When was the last time you paid for anything with money? The world is growing so digital I can’t remember the last time I used cash. Together with the fast convenient payment systems like Square or PayPal, it makes sense that the world wide web is leading the charge to a digital money age. Soon cash might even be obsolete so why not purchase some cryptocurrency and get ahead of the game. Investmib.com
It’s a tax-free currency
That is right When you buy cryptocurrency there is no tax to pay on it, and in many nations, it is seen as a possession rather than a currency. The IRS is attempting to do anything they can to find a way to tax it, so get some now while there is still a loophole. Wigmarkets.com
Cryptocurrency is anonymous
There’s not much of a paper trail for bitcoin. The currency sits in a wallet that has no name on it. You have an address where your funds are held and you’re free to exchange them with very little worry about the government or your partner knowing what you’re up to.
Cryptocurrency Is freedom from having to carry money. It is freedom from the government knowing your organization.
What are the drawbacks of Cryptocurrency?
If the money is Stolen from you it is not easily recovered. Additionally, cryptocurrency has a stigma because of its association with the dark net and what the currency is and has been used for. Some have used this kind of currency for buying assassins, drugs, and individuals. So long as you’re not engaging in illegal activity then you’ve got nothing to fear. Cryptocurrency is the future and with greater interest and support the money could find more backing. It takes brave people to initiate change, so why not get on board and buy some cryptocurrency today?