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over the years since its mystery-shrouded creation bitcoin has become many things to many different people. one of those things is an investment. despite the roller-coaster price swings, or perhaps in part because of them, bitcoin has gained considerable popularity among all kinds of investors, from hedge funds to tech-billionaires to regular people looking to grow their savings. in this article i will introduce you to some of the top reasons why bitcoin is a good investment, and why you should consider including it in your portfolio. but, in actual fact, that is just one of a plethora of uses for bitcoin and the blockchain technology it runs on. the blockchain can be used prove ownership of things other than the coins themselves – enabling the same efficiencies and advantages for the digital trading of securities, for land titles and other property, for insurance claims, as a payment rail for remittances, for settlement between financial institutions, for document stamping and auditing, for customer rewards and crowdfunding, and quite a lot else besides. hot home based business ideas each of these uses requires coins to pay for transaction fees and adds to the value of bitcoin. what this means is that there are multiple paths to success: each of these use-cases is still in the early days of its development, but has the potential to create a revolution in their respective industries – and the success of any single one could drive a significant increase in value for the network they are built on. think of it like this: investing in btc could be like investing in the internet during its early days, and i don’t mean like putting your money into dot com start-ups – i mean the actual internet itself. the key difference, of course, is that the internet is free to use while every bitcoin transaction must be paid for. potential gains outstrip potential loses : the potential gains if bitcoin enjoys any substantial success are astronomical. to give you an idea of this we will just consider it as a currency, which as i already explained is only one out of many applications. many commentators have speculated about the potential of btc as a global currency and its suitability for international trade as well as use by regular consumers all around the world. so it is not entirely outrageous to make a comparison with the us dollar.

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