Investing in Bitcoin can be Advantageous

Investing in Bitcoin can be Advantageous

Some people like to invest in stocks, real estate, or gold. There are innumerous investment strategies that can be lucrative, so long as you know the market you're working in. I like to talk about currency because currency surrounds our every day lives weather we think it does or not. Let's start with gold. Gold is as prehistoric as currency gets. When man created gold as a currency, it was aimed to create a standard in which merchants could use in a society where goods and services could be traded. The benefit of currency was the ability to trade goods knowing the trade was accurate. Because of the rarity of gold it made the gold standard stable. There is only so much gold in the world, which puts a cap on how inflated the gold currency can possibly reach. In the American economy we do not have a gold standard. We have a fiat-currency, which in other words is a currency that we solely trust as being what it's worth with no real face value. The problem with a fiat currency is that the Federal Reserve can print as much of it as it wants and it can continue to lend it out to banks with little to no regulation. The ability to simply print money causes an influx on currency into our economy and which in turn causes an endless amount of debt taken on by everyday Americans. Then came crypto-currency such as Bitcoin. Bitcoin is a digital currency that is slowly being mined. Eventually there will be a cap and no more coins will be mined. The concept of Bitcoin and other alt-coins is to have a currency that is resistant to inflation and one that also functions separate from government oversight. Bitcoin is the solution to the worlds' currency problem, yet government’s around the world speculate its authenticity and of course the media follows along. Regardless of the doubt that the media has labeled crypto-currency, we see clearly that the currency is doing well. There is a lot to learn about Bitcoin and alt-coins. If you're interested in investing in Bitcoin and mining it gain some inflow of cash, check out my other blogs. Or click this link. If you want get a discount on your investment with Genesis Mining use this code: KGl60A