Bitcoin will be a profitable investment even during the financial crisis

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2018-08-12 16:15:06

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Bitcoin will be a profitable investment even during the financial crisis

Bitcoin and other cryptocurrencies will significantly increase the efficiency of the global financial system. According to a study by Infiniti Research, digital assets are a great alternative to money in countries with unstable economies. About it writes .

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How crypto currencies affect the field of Finance

A Study by Infiniti Research «the Top-4 types of digital currencies and their impact on the field of Finance» proves that despite the still low level of adoption, the crypt has a noticeable effect on international payments. According to analysts, in the future, the massive use of Bitcoin will lead to a fall in the value of cross-border transactions.

Moreover, due to the use of the blockchain cryptocurrency save a lot of time on remittances. If banks can take advantage of this technology, other payment systems «you may receive a very strong competitor».

In the example, the researchers cited the news from Venezuela. For the people of this country Bitcoin became a salvation in a time of severe economic crisis.

Even if cryptocurrency is not yet used in large quantities, we can see what is happening in Venezuela, where Bitcoin has more stability than the national currencies. This is another proof that in the future, the crypt will be an effective alternative to Fiat.

Now, not only the Venezuelan Bolivar is experiencing not the best times. The Turkish Lira was also under threat of collapse because of new sanctions from the United States.

In Order not to miss out on the best investment tips, be sure to visit our cozy .

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