Chances are that you will be reading this article after the latest frenzy of Bitcoin value jump that saw it just shy of the $20,000 mark. Now you are searching for reasons to purchase this cryptocurrency and the blockchain technology. Here are some of the reasons you should:

MORE TO COME

The first thing many people think, if they hear of the current price, is that they are too late and people that are still buying Bitcoin are simply jumping the bandwagon. In truth, with years of mining ahead and the currency continues to be in infancy (more like teenage years), the worthiness of it is still to go up and it is an audio investment.

AUTOMATED TECHNOLOGY

Blockchain is not just about cryptocurrency. Aerodrome finance is the future of supply chain and fighting counterfeiting. Super smart protocols such a DAO (Decentralized Autonomous Organization) and Smart Contracts certainly are a few things to stem from blockchain that automate workings of a business and transaction of money.

SECURE

Every day people are robbed and bank heists are done. Bitcoin and Blockchain means that the money stored in your digital wallet is at a security level that is extremely safe than the virtual number depicting your money in your local bank.

SAVING MONEY

Ever endured the bad experience where you need to send some money to the other side of the planet and the amount of costs for currency conversion, opening Letter of Credits, banking charges etc. made you cringe? Bitcoin eliminates all that. Since there is no banking system in terms of cryptocurrencies, there is absolutely no intermediary like a bank. It is possible to avoid each one of these excessive charges by sending money directly to the intended recipient.

TIME IS MONEY

Did we mention it is possible to send the amount of money directly yourself? That saves you the time since you don’t need to complete forms and applications. Just require the receiver’s public address and click away the required amount.

NO INFLATION

Since Bitcoins are limited in number (only 21 million will ever be produced), the worthiness of this cryptocurrency cannot be devaluated as the limited supply but an increasing demand means that it is self-floating currency. No inflation means an excellent investment.

YOUR OWN