Lately, crypto currency’s business is busy talking about. Yes, after the splash with the Forex trading, now the people of the world splashed again with crypto currency Bitcoin business.
Perhaps many do not know what is Bitcoin or just first heard it. Bitcoin is one of the virtual currencies developed in 2009 and developed by a person named Satoshi Nakamoto.
Although the form of virtual currency, but in Bitcoin currency has the same value as the rupiah and dollar that exists only exists in the digital world. Conceptually, crypto currency bitcoin is similar to e-Gold which in reality both businesses are different. Some people also consider this bitcoin similar to Forex when both of these things are different.
Currently, buying bitcoin and reselling it is becoming a thing of interest to the public especially for those lovers of digital trading. Moreover, the more here, the higher the crypto currency bitcoin selling value. The benefits you can get from selling and buying bitcoin will be higher. Crypto Edge System is the best software to provide the tool to improve the profits.
Although now bitcoin much loved, it is better for beginners who want to join the business crypto currency and play bitcoin before knowing in advance the advantages and disadvantages. https://www.mylinkspage.com is the recommended site to get the information.
This will be very useful to anticipate the existence of things that are not desirable to your money. For that, here are some advantages and disadvantages of crypto currency bitcoin that must be known before you start.
Bitcoin is not owned by any Country
If you are asking that crypto currency bitcoin business with this virtual money comes from, then the answer is bitcoin not owned by any Country. Of course, this is an advantage for bitcoin players. The reason the State will not be responsible or will not go down will go down directly to handle bitcoin that you will run. In contrast to real money handled directly by the State where the rate is influenced and stipulated by the government. And the government is in charge of the management of the money in circulation.
Developed with idealism
The government will not intervene in bitcoin trading, so the business of cryptocurrency bitcoin is developed with the science of idealism. People who have bitcoin accounts and bitcoin balances will become more idealistic people. This is because he is required to analyze his own bitcoin currency. This idealist becomes a weakness and excess bitcoin, because the more one becomes idealistic, the better the character of the person.
The advantage of that idealism lies in the bitcoin currency that is not controlled by the government or central bank. Many weaknesses will get when money is controlled by the government and central bank, for example, easy to experience a financial crisis. This proves that the government is negligent to always maintain economic stability.
One of the advantages and advantages crypto currency bitcoin can also be viewed in terms of security. Indeed, bitcoin is safe from counterfeiting because of virtual currency until whenever cannot be forged because it is not tangible.
What is dangerous here is that, if your bitcoin crypto currency is exposed to malware, then the bitcoin in the wallet can be hacked by irresponsible people. The risk of accidental erasure is also vulnerable to be experienced by the owners of bitcoin so that when it happens it cannot be traced to where the loss.
As a global currency
Having bitcoin money is like having global money. This is because the bitcoin players are not only limited in just one country but almost all over the world. So, having a bitcoin currency balance makes you have a global currency.
Protector of inflation
Bitcoin currencies are not affected by things like politics or governments in different countries. So, it can be said that this bitcoin is not affected by anything. Another advantage of crypto currency bitcoin business is to protect from inflation as a process of price increases continuously. Similarly, gold is used as a protector of inflation so that it can be used as an excessive inflation rate suppressor.