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Bitcoin Price Skyrockets But There Is Still A Long Way To Go

Bitcoin Acceptance

Due to the fact that no company or person own the Blockchain due to it being decentralized it has not had the marketing launch that most other products go through. It has now been in existence for nine years.

It is word of mouth advertising that has made it into the worlds leading digital currency and a serious rival to other currencies. With it now worth more than gold it is starting to get the interest of the worlds leading companies but they are still hesitant to implementing it.

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There are many different uses that businesses can utilize using the Blockchain and cryptocurrency. It is changing the way business is done and bring about a transparence never seen before. Mainstream multinational companies are still sitting on the sidelines waiting to see what happens but if they wait too long they run the risk of becoming obsolete.

It gives smaller and new companies the chance to gain market share due to the fact that they offer their customers options with cryptocurrency.

It is amazing how far the price has risen this year along without the major worldwide player getting involved. Companies such as Amazon have not yet allowed their customers the option to pay with Bitcoin. If the price trend continues it will only be a matter of time before they get onboard.

Once the big boys get involved with cryptocurrency the present price will be hugely undervalued which is why now is a great time to invest.

There have been a lot of developments in 2021 that have strengthen the price with the main one so far being Japan changing laws to allow it as a legal form of payment. Other countries are looking closely at this to see the impact. If it works well they will all follow, making it one of the world major currencies. Read the full article from Life In Quebec by visiting the link below.

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Currently, one Bitcoin is worth more than an ounce of gold. More art than currency, these Bitcoins contain a QR code that links to the cryptocurrency’s current value. Bitcoin, like most successful digital endeavors, was launched with little fanfare and great obscurity. In the nine years since its launch, […]

This post was last modified on May 14, 2021 1:12 am

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Daniel

I am the founder of Bitcoin Casino No Deposit Bonus and have been studying concurrency technology since 2013. I have been traveling South East Asia for the last 6 years and am a huge gaming fans that takes part in eSports competitions. I love relaxing on a evening watching the sun set with a cold beer and great music. I also teach other travelers how to become digital nomads so they can become free of the system.

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  • How long before the main online retailers start accepting #Bitcoin as a payment option?

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