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Do you know? Technologies like Uber, Airbnb, and Alibaba have disrupted major industries almost overnight, and Bitcoin is poised to do the same with the monetary system. The blockchain technology upon which Bitcoin is built is revolutionary and expanding rapidly. There are now over 1,200 new cryptocurrency variations available on the market attempting to solve unique problems using the technology.
Bitcoin trading volumes are also up worldwide. Bitcoin has seen a 55% increase in transaction volume in 2018, along with 30,000 new wallets created daily. Rumors that Amazon will soon begin accepting Bitcoin are persistent. If the retail giant does begin accepting Bitcoin, the movement of cryptocurrency will be unstoppable. Bitcoin is growing in adoption across the world.
Bitcoin, however, with its innovative blockchain technology, entirely eliminates the need for a central bank by providing a way to safely transfer money directly from one individual to another. It’s fully transparent and bypasses the unnecessary fees and systematic failures from traditional banks.
As a greater number of companies recognize Bitcoin’s technology applications, we’ll likely to see a fundamental paradigm shift in the landscape. Rules that have existed for decades, even centuries, will shift.
Analysts strongly believe that these reasons will be a pivot point for Bitcoin in 2019, and savvy investors with strong volatility and risk tolerance could see explosive gains. Increase your share in the globally traded bitcoin market.
Ensure you cash in on the digital gold rush.