We’ve talked about Bitcoin before, outlining the benefits that the cryptocurrency has when compared to the traditional currencies that we’re used to. Leaving aside the fact that it provides a transparent network where transactions can be carried out, the currency also provides people from all around the world with a platform which offers anonymity. However, what truly makes the cryptocurrency shine is the fact that it cannot be regulated by governments, reason why it is also called decentralized.
In the last couple of years, Bitcoin has been constantly growing, and I personally believe that we’re soon going to expect a revolution in the price of the currency, but also that more and more people will begin using it in areas from all around the world.
Today, we’ve got our hands on an interesting infographic, showing just about everything you need to know about Bitcoin, courtesy of Coupofy.com.
With everything that has been outlined in the infographic in mind, what do you personally think about the continuous evolution of Bitcoin and other cryptocurrencies? Will these change the financial system that we’re all used to? Let us know your thoughts in the comment section below.
Ravinder dande says
Hi Daniel I heard of bit coin before two year ago . That time Bit coin was new for common people .But today if we talk about very easy way of transaction then Bit coins seems very good option. I think We can say bit coin as digital currency. Digital currency simply means exchange money virtually via online whenever anyone want or no need to carry Notes or coins . As mentioned above in picture that top
Gaints companies and countries like USA and Germany are investing or purchasing in bit coins indicates that bit coins will in upcoming days will be easier way for any one than carry bank notes .