Wednesday 24 May 2017



Bitcoin keep growing

  For a few years the cryptocurrency has been getting more value every day. But many people around the world are not convinced of the digital currency system.

     Bitcoin is growing every day. Reaching the value of up to 1600 Euros. A rather fast pace not seen before. Just in 2014 it seemed to emerge with the interest of large global companies like Microsoft, Expedia, and Dell. Even PayPal has acquired the digital currency for its users to make transactions.

     The digital currency is still struggling to be accepted by millions of people and businesses around the world. The users of Bitcoin guarantee that the cryptocoin has a great impact in the world thanks to the different transactions that can realize. Buying and selling bitcoins allows many people to achieve a stable economy.

     Thanks to the protection provided by Bitcoin users have been able to exchange bitcoins with different users around the world without having to reveal their identity. This may seem like an advantage for hackers or black market leaders, however. The cryptocurrency guarantees the security of its users with blockchain, thus allowing transactions to be recorded and the authorities can trace where the money goes and capture the offender in case of fraud.

     Anonymity also powers other users of Bitcoin and other digital coins. For example bookmakers, online casinos that allows the use of cryptocurrency to allow them to play from different parts of the world and with tax improvements in each country.

     Despite the rejection in some countries, the digital currency is growing in other places in the world, as in Spain, where there are at least more than 80 establishments where they accept cryptocurrency as a form of payment, located in generally in urban concentrations or tourist zones of Beach. As for their acceptance in web portals already exist a large number of pages that accept the currency for online transactions.

     Some governments allowed the use of bitcoins as a form of payment. In Japan, rulers decided to place it within a few steps of the official currency, the Yen. There are about 260,000 businesses that already accept the currency and it is expected that this figure will expand further.

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