Many countries around the world have started legalizing Bitcoin and other cryptocurrencies. If leading countries like the USA, Europe, and India sees the value of cryptocurrencies, there must be something in there, right? US regulators have green-lighted banks for cryptocurrency custody while the Supreme court of India has also lifted the ban on banks dealing with cryptocurrencies imposed by the Reserve bank of India.
If we start gathering such official news, it would take an entire day. But your time is valuable and instead of wasting it on finding sources, it would be wise to initiate the accumulation of cryptocurrencies including Bitcoin. Why would someone prefer investing in Bitcoin over a well-established stock market? Well, that’s a good question indeed.
Should you invest in Bitcoins? Why?
1. A real-life usage. (Not a Ponzi scheme)
Cross-border payment has become a kid thing where recipients get payment in a matter of minutes instead of days. The sender needs to pay in cents which he or she used to pay in hundreds or even thousands. Besides the more usage it has, the better its value. On top of that, they have a huge potential for industrial partnerships to make a short time gain.
2. It is still in the early phase.