Should I Invest in Bitcoin and Blockchain Technology? - Technopweb

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Should I Invest in Bitcoin and Blockchain Technology?

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Bitcoin is a computer based currency, since the year 2009. The main attraction is the lack of an official, such as the Federal Reserve and other central banks who raise the issue of dollars, yen and euro, and encourage those who increase or increase the supply of money, believe the economy or inflation That would be better to leave everything in the free market.

Bitcoin, the controversial digital currency, has become hot this year, more than $ 7,000 in recent month, in January around $ 1,000. Is this the next big thing, or will it have to do the bitwork?


 
Blockchain, the technique behind Bitcoin? Companies are scrambling to find new uses for BlackChann Technology, which allows participants to enter transactions or other information without having to trust a clearing house like a central bank. Whether investors are looking for companies that develop new uses for Blockchain

There are mixed ideas on both issues of experts - which are understandable because the predictions of Biltcoin and Blockbains are stagnant in prices when futures are available. For now, it is certain that technology does not make any difference, it is betting bet that should be kept by investors only, which can lead to significant losses.
Gabriel Ducel, co-founder of Adel Ecosystem Ltd., said, "The market is definitely unstable and not for the unconscious heart, but the long-term potential for cryptokurk is bright," Douglas, Isle of Man.

Clim Chambers, author of the upcoming book "Trading Cratoconucleans: A Beginner's Guide - Bitcoin, Ethraym, Light Coin", says, "Risk bitoke can be a trick and after all, the posture can not be."
"Risk has been banned," says Chambers, "Bitcoin also has a security risk, such as any other kind of cash, so you have to be careful not to lose it or be stolen."

For example, International Business Machine Corp. (NYSE: IBM) is a TV advertisement to record each stage blocking, so that the product can be taken from the field to the supermarket so that the user can be sure that the product is safe. Blockchain can be used to store financial or medical records, keep track of shipments and other types of supply chains or to do unplanned items so far.
eChambers, while careful about bitcoin, thinks that the blocking technology is here to stay. They say, "In my opinion intercept is a big revolution in the form of the Internet." "Keeping this record will have the scope of scope in many areas, which is the need of productivity in the original driver of prosperity."
The Las Vegas firm, using the blockchain to record legal marijuana transactions, CEO of The Tokas Platform, says that technology is valuable to users who do not rely on others in their market, or other data recording The systems are very slow.
He says, "Such an area is in financial instrument business settlement and chain-custody tracking." "Where equity businesses today take three days to reflect in the brokerage account, the block-chain settlement is permanent and it can be completed in minutes. Real estate transactions can be made available to another area in the right area of ​​custody. , Can be documented publicly on blockkain, ownership, these are not just deceitful but rather innovative technological advances They are. "
Wagner says that blockchains can also be used for "smart contracts" in which the system will know whether the parties have met the necessary conditions, so that the need for mediators has been eliminated.
Experts estimate that many blocking enterprises will be founders.
"It is not enough to wrap an old app in a new coat and it is called a blackchain app," says Dixil.

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