Rethinking Money- How Bitcoin Could Help Developing Countries – THISDAYLIVE

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Rethinking Money- How Bitcoin Could Help Developing Countries Bitcoin is changing the way we view and think about money. When COVID-19 forced many governments to adopt stringent lockdown policies, many businesses

Bitcoin is changing the way we view and think about money. When COVID-19 forced many governments to adopt stringent lockdown policies, many businesses turned to digital currency. More people started using Bitcoin to pay for goods and services. On the other hand, many companies started accepting Bitcoin payments. Trading crypto has never been this easy with online trading platformBitcoin is digital money. It is money that only exists virtually.

Bitcoin is also a digital asset for trading. Like people trade in stock, bonds, and gold, Bitcoin provides investors with a new way to invest. Trading Bitcoin is not rocket science.One of the reasons for developing countries increasingly adopting Bitcoin is because of the potential benefits that it offers. The potential benefits of Bitcoin vary from providing an alternative payment alternative to enabling faster, safer, and cheaper transactions.

 

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