Is Bitcoin safe?

Bitcoin is reportedly rolling into restricted areas as it creates a series of controversies among “high” society and smart digital investors. These digital retailers are trying to gain their share of the $ 1 billion digital cake a day, while corporate society is trying to reduce the spiraling increase in the value of what appears to be a “monetary threat.” Some who seek to exploit the poor and vulnerable do not have this as they try to vaccinate the masses in an attempt to stifle this growing “digital monster”.

These seemingly corporate fraudsters continue to stifle how the less fortunate spend their money as they try to build financial cartels around the world, but thanks to digital technology, bitcoins have revolutionized money control in the 21st!

The Cons

Despite the growth of digital currencies such as bitcoins, it would be wrong not to discover the shortcomings of these virtual currencies. Due to the fact that their digital prints are encrypted, they cannot be traced online. While you enjoy privacy and security when trading, it provides another approach to hiding and conducting illegal transactions.

When that happens, drug dealers, terrorists and other suspected perpetrators will continue to engage in their illegal trade without revealing when they use bitcoins.

The Pros

However, in the midst of monetary chaos, Bitcoins offer everyone huge investment opportunities and growth potential. No one controls the virtual currency because the public can access it in cyberspace and the value continues to grow as society stumbles over the remnants of inflation.

The common man on the street can buy, save, trade, invest, and increase his chances of becoming financially successful without interfering with government restrictions, controls, and fiduciary regulations; hence spiraling inflation is a thing of the past.

Many truly believe that the number one problem in our society is the establishment of financial monopolies. When a corporation decides to control foreign exchange, gold and fuel, it uses its power to dictate how money should be spent.

Regulations set by large and wealthy multi-corporations are only aimed at adding more wealth and power to their portfolio, not to the benefit of borrowers seeking financial assistance. Plus, those at the top are trying to drain the swamp so others can depend on them until they can get richer, but they can’t control the digital currency!

The brighter side of the coin

The time has come to open the eyes of the world and that is what Bitcoin is all about. Those who are trying to control the world are threatened by this Frankenstein, but I doubt they can stop or decide. Currently, 1 Bitcoin is worth $ 844099.07 from Jamaica or $ 6895.80. The price for 1 Bitcoin in 2009 was $ 0.05!