Are Bitcoins The New Face of Business Transactions?

International-Deal-Handshake-300x199Anyone that has been following up on economics, both at the national and international levels will tell you that the relevance of money as a unit of value has been greatly compromised. It has been proven that the value of the dollar has been falling rapidly and that what a dollar could buy a hundred years ago is 80 percent more less than it can buy right now. The problem with using money as a unit of value therefore lies in the fact that it is impossible to stop it from getting devalued or getting affected by global social, economic and political issues. This is what brought out the need to establish a currency that would operate independent of these factors. This is what the founder of Bitcoin had in mind when they were setting up the transaction method. Here are a few of the reasons the pseudo currency is taking the world by storm.
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Three Bitcoin Benefits That Should Make It A No-Brainer For Everyday Consumers To Invest In It

invest_0For those who haven’t done their research, Bitcoin is a new currency introduced in recent years that is growing in popularity and showing promise when it comes to changing the way that we exchange money. While some have been skeptical about putting their trust in a currency that hasn’t been around as long as our current system, it’s important for them to realize that Bitcoin has many features that can provide both financial and personal advantages. Here are just a few of the benefits that those who use Bitcoin can expect to reap when they use it regularly:
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Online Gaming Gets Easier With the Acceptance of Distributed Currencies

verajohnOne of the major factors that has long held back many of those who would like to gamble online has been the difficulty of getting started. Online casinos have traditionally accepted a variety of funding methods, but each of these came with their own security measures and other hassles. As most would-be gamers tend to think about gambling on the spur of the moment, these issues often proved to be stumbling blocks.
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A new era of betting

When Bitcoin appeared in 2009, it was not taken seriously at first. But nowadays, this digital currency system is very popular and that is why the number of those who turn their attention to bitcoins is constantly on the rise. There are many countries that are Bitcoin friendly and it is a trend that will definitely continue to evolve. As a result, certain game developers have already begun building games and online services where you are allowed to deposit bitcoins and the moment you are done with that, you can start placing your bets and play for huge bitcoin winnings. Read more…