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Rise Of Bitcoin: Not Until Merchant Adoption

Simple users and investors like Bitcoin since it is out of reach of a standard system. Bitcoin as well as other similar cryptocurrencies are decentralized assets that are controlled not by one individual or government etc., it is controlled by all users of a blockchain.
Not to mention that cryptocurrency won’t be devalued like any other currency might be. Since there is only a certain number of bitcoins which means that no one can create more bitcoins, so it won’t drop in value drastically.
These are only some of those reasons why investing in Bitcoin or other cryptocurrencies is preferred by so many people throughout the world. But as for becoming a true rival of a traditional monetary system, do Bitcoin or other cryptocurrencies have this potential? Yes, they do have the potential, but it’s not as simple as people might hope.

Category: Altcoins
Date: 08.07.2020 11:19
Chainalysis Adds Real-Time Transaction Monitoring for 4 More Cryptos
Blockchain compliance startup Chainalysis has added four more cryptocurrencies to its real-time transaction monitoring tool.
Category: Altcoins
Date: 29.04.2019 08:19
BC Group Unveils Insured Custody Offering for Asia-Based Crypto Investors
Hong Kong trading and asset management firm Branding China Group (BC Group) is launching an insured custody service for cryptocurrencies.
Category: Altcoins
Date: 03.04.2019 08:26
Swiss Exchange to List XRP Exchange-Traded Investment Product
Switzerland’s primary stock exchange SIX could soon list another cryptocurrency-based exchange-traded product (ETP), which will track the price of XRP, the third largest crypto asset by market capitalization.
Category: Altcoins
Date: 12.03.2019 08:06
Bitspark Launches Hong Kong Dollar (HKD) Stablecoin
Bitspark,a cryptocurrency money transfer platform, has launched Sparkdex.
Category: Altcoins
Date: 31.01.2019 11:57
South Korea Report: Major Exchanges Join Forces to Combat Money Laundering
Four major South Korean cryptocurrency exchanges have reportedly joined their forces in order to combat money laundering
Category: Altcoins
Date: 29.01.2019 10:19
Max Keiser Says Bitcoin Will become Global Reserve Currency
More specifically, the well-known American broadcaster Max Keiser has now started 2019 by predicting Bitcoin will dethrone the US dollar as the world’s reserve currency.
Category: Altcoins
Date: 07.01.2019 09:23
Litecoin Takes to the UFC Octagon in New Sponsorship Deal
The Litecoin Foundation has partnered with Ultimate Fighting Championship (UFC)
Category: Altcoins
Date: 28.12.2018 08:04
India Evaluating Cryptocurrency Legalization Under Strong Regulation
The committee charged with providing recommendations for the regulatory framework surrounding cryptocurrencies in India is reportedly evaluating the legalization of the asset class under strong regulation.
Category: Altcoins
Date: 27.12.2018 16:56
Almost 1 of Every 3 Freelancers Would Accept Cryptocurrencies as Payment
According to a study published by Human Network, about 29% of more than 1100 freelancers registered on the platform would accept crypto as financial compensation for their services.
Category: Altcoins
Date: 10.12.2018 16:00

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