People purchase BTC for different reasons. First of all, this is an advanced money system, which is much better than the one we’ve used for ages. It is entirely fair, since it depends not on the central authority but on the mathematical formulas embedded in the code.
Cryptocurrency has been in the news for quite a while now and more and more people are dabbling in this digital currency. However, the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, listed in the Winter Session of Parliament, seeks to prohibit all private cryptocurrencies in India. But it allows for certain exceptions.
No doubt, you have heard of people that managed to make a fortune on mining BTC or speculating on its price fluctuations. But there are many other earning opportunities that are left unnoticed. So, we decided to change this situation and describe all available methods of making profits on these digital coins.
American cryptocurrency exchange Coinbase is quite well known among digital coin holders. There are free crypto wallets and a full-fledged exchange for profitable cryptocurrency investments.
As of today, Bitcoin is the most widely-used and influential crypto. So, it is not surprising that its rate increases year after year. Still, there are experts that claim that it will burst like a bubble one day. That makes many potential investors refrain from buying it, which means missed profits. Want to form your own well-weighed opinion?
When a trader decides to invest in crypto, the first choice is usually Bitcoin as it is the most commonly used. Yet, to feel confident about such a purchase, one needs to have at least a rough idea of how this asset works. We will explain that to you in simple words in our guide.
Some analysts point out that the price of Bitcoin could double in value to $100,000 by early 2022 and that Ethereum could reach $35,000 in the long term.
With WhatsApp and Twitter’s questionable policies, there is a likelihood of customers shifting to block chain technology. This is used in Bitcoins and could give better privacy protection due to its encryption technology.
Pharma companies, which keep valuable data, are vulnerable to cyber attacks as these can be monetised by criminals. Once India passes the Personal Data Protection Bill such breaches should be fewer.