2022-07-19 13:39:26
Why do you need bitcoin?
Ability to pay for goods or services without intermediaries
Almost any purchase is now controlled by a bank or financial institution, unless you pay for something in cash.
Bitcoin allows you to pay for any goods and services without intermediaries, for example: buying air tickets, booking hotels, paying for goods, buying gift cards, and the like. In El Salvador, you can use Bitcoin instead of the dollar and pay for any goods or services.
Send funds anywhere in the world
If you have ever sent money abroad, you will realize how difficult it is: each country has its own nuances and restrictions, and commissions and sending speed are a separate pain.
With Bitcoin, you can send money anywhere in the world instantly and almost free of charge. All you need is a smartphone and an internet connection.
Long-term potential of cryptocurrencies
The crypto market is constantly growing and developing: initially it was supported only by enthusiasts, and now the largest funds, companies, institutional investors, banks, payment systems and even countries are interested in it.
Bitcoin is the locomotive of the crypto market, so those who believe in the potential of cryptocurrencies in general are investing in it.
Protection against inflation
Inflation is the constant depreciation of money. Every year you can buy less and less goods for the same amount.
To protect themselves from inflation, investors invest in defensive stocks, bonds, precious metals, and Bitcoin — these assets maintain their value over time or increase in value.
The value of Bitcoin is constantly growing, because it is similar to gold and even surpasses it in some ways: Bitcoin is easier to store, share and transfer. And decentralization makes it a unique asset, unlike others.
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