There is so much bad information out in the marketplace about Bitcoin until I felt I had to let folks know the truth about Bitcoin and dispel them myths. I think that the things that people don’t know about they fear and my hopes with this post is that you release the fear as it relates to Bitcoin and digital currency updates. So here we go:
Myth #1 – Bitcoin is a scam
The most stolen and scammed currency in the world is the U.S. dollar. Well respected leaders such as Richard Branson and Bill Gates are involved in Bitcoin. Just because it’s not easy to understand doesn’t mean it is a scam. Most people fear the things that they don’t understand which is why they will call it a scam.
Myth #2 – Bitcoin is going to be shutdown by the government
The government cannot shutdown all the cryptocurrency exchange systems that are popping up. They can limit the sale within their borders, but they absolutely cannot shut down Bitcoin. It is a decentralized currency and even if the banks band together, they won’t be able to shut it down. As a matter of fact, Bitcoin just came to the Futures market and will be on the Nasdaq soon. Many banks are interested in the Blockchain technology because of it’s secure nature.
Myth #3 – Bitcoin is so expensive now, I can’t afford it
No one buys a full Bitcoin and Bitcoin is not an actual coin. It is a crypto currency. It is an encrypted currency. Just like when you encrypt jump drives for computers. You make the transactions air tight in terms of being secure and you have a Crytpo currency. It is very expensive right now, but you don’t have to buy a whole Bitcoin, like other securites you can buy what you can afford to buy. I you only can afford $10 worth, then that’s all you can buy.
Bitcoin is here to say. Like or not, believe it or not. And there is only one thing left to do and that is get involved or get started with a company that can train and teach you how to win with Bitcoin and that company is iCoinPro. So click here to get started today!