Bitcoin has traditionally been seen as the realm of nerds and hackers. But the fact is that businesses can get a lot of benefits by accepting Bitcoin in return for providing their goods and services. Here are a few of the reasons why businesses should start accepting Bitcoin.
Bitcoin first appeared in 2009 as a novelty. It wasn't long before it became a toy. Then hedge funds and serious investors began to take notice. More and more often, the applications of Bitcoin take on a maturity that makes its previous lives seem very quaint. Where does the world stand on the adoption of Bitcoin?
The Census Note is a hardware cold wallet that supports all major cryptocurrencies. The Census Note is a card made of durable plastic that contains a secure chip. This chip stores the private key that secures access to the funds.
Many view Bitcoin as the currency of the future. Some also view it as a hedge against inflation, as gold has traditionally been seen. Is it fair to compare Bitcoin with gold? Or is this comparison based on faulty premises that simply do not hold up?
We all know Bitcoin and cryptocurrency hold vast promise for liberating the unbanked and others who are not well-served by the traditional financial infrastructure. But something that is often overlooked is the benefits that come from running a Bitcoin node. Running a Bitcoin node helps the Bitcoin community as a whole, but it also offers tremendous benefits for the node owner as well.
Bitcoin revolutionizes the financial system like never before. The ability to process a payment transaction has never been easy, with almost low to no fees at all. Bitcoin does not require a third party to process transactions and does not rely on trust or to anyone with central control as it is decentralized in nature.
When a recession hits, it can have devastating consequences not only for business owners and their employees, but anyone with a nest egg or even a little savings out away. How can you preserve your wealth in a time of economic upheaval?
Money has been an expression of value divisible in nature, durable, transportable, and scarce. Any object that carries these attributes can be called as money when used as a medium of exchange.
2020 was not the year many were expecting when the clock struck midnight on New Year’s Day. The effects of the COVID-19 pandemic have changed so many things that it almost feels as though many years have passed in the course of a few months.
In Part One of this series we compared Bitcoin’s stock-to-flow ratio with that of gold, the world’s traditional safe haven. We have seen that Bitcoin’s scarcity by design is one of the main reasons why it could develop into a safe haven for investors in the near future.