One of the dominant sites that aggregates news from the cryptocurrency world features XinFin

Discussion in 'XDC Development' started by Kavita Gupta, Dec 9, 2017.

  1. Kavita Gupta

    Kavita Gupta Active Member Staff Member

    “Forget about investing in any venture when the Bitcoin is here with surging profit on the cards.” This is how people are reacting with surging demand of the cryptocurrency. But is it really safe venture into this mysterious digital currency? Let’s explore what experts have to say.

    bitcoin picture bitgator.jpg

    Bitcoin is a virtual currency created from computer code. Unlike a real-world unit such as the US dollar or euro, it has no central bank and is not backed by any government.

    Instead, Bitcoin’s community of users control and regulate it. Advocates say this makes it an efficient alternative to traditional currencies because it is not subject to the whims of a state that may devalue its money to boost exports, for example.

    Just like other currencies, Bitcoins can be exchanged for goods and services — or for other currencies — provided the other party is willing to accept them.

    Here are six reasons, according to financial experts, that you should not blindly trust the Bitcoin and stake your hard-earned money.

    Read the full article here:

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