During the last months, the popularity of Bitcoins has been increasing and is that every time more people enter the revolutionary market of cryptocurrencies.
For example, 50 Cent was a pioneer of Bitcoins, and in 2014 he started receiving payments from his album Animal Ambition using this type of digital currency. This investment turned out so well that it generated a few million dollars.
Other stars such as Ashton Kutcher and Paris Hilton have shown their support for Bitcoins and other crypto-types. However, Facebook recently announced a new policy that prohibits ads that promote “financial products and services that are frequently associated with deceptive promotional practices,” and that included Bitcoins.
Now, here is some information you should know about Bitcoins.
Everyone loves Bitcoins because they solve many of the problems of paper currencies.
” Every form of currency that existed was created to solve the problems of the previous currency.” The paper currency, which we use now, solves the problems of using gold as a currency because you can not buy a house with a bullion truck. The purchases with regular dollars from your bank Just as paper money solves the problems of gold, cryptocurrency, and Bitcoin, they solve the many problems of paper money, “expert James Altucher told Cosmopolitan. “Bitcoin is one of the many cryptocurrencies and, unfortunately, some are scams, but those that are legitimate have incredibly valuable software and solve incredibly important problems caused by paper money such as privacy or human error or the hackers of credit card companies. Credit cards”.
He continued, “With Bitcoin, the bank’s participation is not necessary, which means that there is no possibility that your bank account will be pirated in any way or that someone will steal your credit card number.”
Soon I could be everywhere!
“Think of Bitcoin as the Internet in 1994. There was a sense, then, how oh Internet solves a lot of problems, we’ll see what happens, it’s going fast for almost 25 years and everyone in the world uses it.” The cryptocurrency is the same. and there are huge opportunities for growth, “said Altucher.
He added, “I think eventually we will see big retailers like Amazon accept Bitcoin as a valid currency, I think we’ll eventually see a country adopt a cryptocurrency as currency, I think we’ll see that more and more Fortune 500 companies are adopting Bitcoin technology. your own internal systems, then, suddenly, there will be many more opportunities in cryptocurrencies. ”
Why did Facebook ban Bitcoin ads and why is that a good thing?
” Facebook is definitely helping Bitcoin instead of hurting it, it’s a very smart idea to suppress all possible illegitimate things that happen in the cryptocurrency space, the sooner the better.” This will improve the confidence of the masses in cryptocurrencies and, finally, it will pave the way for widespread use when people understand that the companies and characters they face are trustworthy. ”