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Since its launch back in 2015, Ethereum has become the world’s second most popular cryptocurrency – which is no small feat.

Right now, it’s just behind Bitcoin in terms of value, but this could soon change in the future. Crypto analysts and traders are keeping a close eye on the situation, with many of them predicting that Ethereum could overtake Bitcoin as the highest-value crypto.

Plus, with Ethereum 2.0 (an update to the Ethereum blockchain) coming soon, this seems more likely than ever.

With this inmind, it’s to be expected that millions of people are interested in Ethereum. Specifically, they want to invest. If you’re one of these people, you’ve come to the right place.

Below are some steps you should follow to get started with Ethereum.

Step 1: Select a Cryptocurrency Exchange

Before anything else, you need to select a cryptocurrency exchange, as this is how most cryptocurrencies are purchased in 2022. Remember, you can’t purchase cryptocurrency through banks because crypto doesn’t have a central regulator, which is something that banks don’t like.

There are plenty of crypto exchanges that you can choose from across the internet, like Coinbase and Bitstamp. The one you go with is entirely up to you – however, you should only choose one of the trusted and reliable platforms.

After joining a crypto exchange, you can then purchase Ethereum as well as various other types of cryptocurrencies. Before doing this, though, you should know the Ethereum current price at okx.com. The value of a cryptocurrency is determined by market interest. So, if Ethereum was to ever suddenly go up in value, then that’s a strong indicator that it’s a good time to invest.

Select 2: Make the Trade

Once your account is verified and ready, you can then start to trade your dollars (or other currency) for Ethereum. Ethereum’s digital currency is known as Ether (ETC), so the amount you purchase will be shown as the percentage of an Ether coin.

For example, today, the cost of a single Ethereum coin in US dollars is $1,641.25. Tomorrow, this could go upwards or downwards – it’s entirely dependent on market activity.

Let’s say that your first move as a new account holder on a crypto exchange is to trade $100 for Ethereum. Today, this would return you 0.063495 Ethereum.

Step 3: Decide on Your Storage Method

When it comes to storing Ethereum (or any type of crypto), you have several options.

If you want to, you can store it directly through the exchange that you purchased it from.

Or, if you want an extra layer of security, you can transfer your crypto to a hot wallet or cold wallet, which is your personal wallet.

Cold wallets are generally seen as the safest option because they are offline wallets. This means that they aren’t connected to the internet, making it impossible for cybercriminals to hack and steal from them.

After storing your ETH, you can then use it for whatever purpose you like, such as buying goods and services online. Or, you can adopt the classic trading tactic of ‘buying low and selling high’, which is when you sell your ETH during market value increase periods.

Image by Pete Linforth from Pixabay

Grabbing an opportunity to earn free money is not something new. People save in banks to earn interest and always go for sign-up bonuses. Similarly, the cryptocurrency sector has several options for people to earn. According to Dave Abner, who is the global development head at the Gemini cryptocurrency exchange, the first 6 months of 2021 have seen a breakthrough in crypto innovations.

Currently, joint efforts are in place in Washington DC and all over the world to develop laws and regulations to increase safety for crypto investors, according to an article by NextAdvisor magazine.

Undoubtedly, cryptocurrency has become the trendiest way to make money these days. Advertisements about how to make money with crypto are all over the news and even tech and finance websites. Whichever page you open or whoever you talk to, whether friends or family, this is the topic. The attention on crypto is great, and because of this demand, obtaining digital currencies is expensive.

With this widespread interest comes many ways crypto investors can use to get free crypto. Unbelievable, right? Well, if you don’t believe it, try one of these six options to earn free crypto.

Crypto Credit Card Rewards

For the past few years, the crypto and fintech worlds have begun to merge. Every other month, we see an innovative startup that offers a debit or credit card that gives cashback rewards in the form of crypto. These crypto rewards are free. Isn’t that what we all want to hear?

With a more traditional bank credit card, you would get, for example, 2% back on purchases using a credit card. Crypto rewards work the same way; all you need is to use a crypto credit card to charge for your purchases, and they will give you cashback rewards in the form of a percentage. For instance, crypto. com gives 10% back on Airbnb. Furthermore, you may get other benefits including no annual fee and zero ATM withdrawal fees, according to the same website.

Sign-up Bonuses

Many crypto exchanges give sign-up bonuses for using their services. This is purely to entice potential clients and beat the tough competition. If this sounds appealing to you, it is advisable to pay attention to all the terms and conditions because sometimes you might be asked to give personal information to get the bonuses, which can be risky. Experts encourage caution because even fraudsters and insecure websites will attempt to lure you with very attractive sign-up bonuses.

According to Hustler Money Blog, almost every crypto platform has a sign-up bonus for new clients. Lolli has a $10 sign-up bonus on any coin, while crypto. com gives a $50 welcome offer. BlockFi offers $10 for joining, and Celsius has a $20 welcome offer in Bitcoin, to mention a few. New investors who are eager to join reputable platforms get the best sign-up bonuses.

Crypto Staking

Staking is the process through which different kinds of cryptocurrencies are put to work. The investors in staking are rewarded in return. Crypto investors stake applicable coins like ETH, Cosmos, and Tezos on the new ETH2 upgrade.

According to the article ‘’What Is Staking?’’ on coinbase.com, the crypto earns rewards for investors once the blockchain puts it to work through a process called proof of stake, which is a “consensus mechanism.” Simply put, this is a method for verification without the involvement of a payment processor or a bank as a broker.

The proof of work is only available with some cryptos such as Ethereum. However, there are many additional coins that qualify, so investors need to check if their coin qualifies for a staking program.

Saving Crypto to Earn Interest

Yield farming is becoming a lucrative option to earn cryptocurrency passively. From a crypto professional’s point of view, the crypto savings platforms are competing to give a high annual percentage yield (APY) to attract more investors. For instance, YouHodler gives up to 12% APY on Bitcoin, altcoins, and stablecoins, while BlockFi, Gemini, and Binance also have competitive rates as well.

Investors are required to open an account with a crypto savings platform of their choice, deposit the crypto they would like to save, and start earning immediately. As seen on different websites, the payouts are done differently. Some pay anytime, while others pay weekly or monthly. According to experts, these are some of the considerations to make on top of the APY rate.

Airdrop Projects

Airdrops offer a very attractive way to earn crypto. You will regularly hear about them on different cryptocurrency websites. So, how does it work? According to many airdrop websites, the method involves giving away the website’s native crypto to help in forming a community of users to boost awareness and adoption.

There are many ways to earn big money with airdrops according to the Airdrop Alert website. These methods include joining as many airdrop projects as possible, participating in holder airdrops, and doing airdrop referrals among others. Experts strongly believe that airdrop projects will grow in the coming years due to their effectiveness in promoting upcoming cryptos and increasing the availability of willing participants.

Receive Crypto Donations

Sometimes, it is good to be creative especially when you are dealing with cryptocurrency. Creating something like an innovative donation page or maybe a facility on your blog or website will entice people to donate a few USDs worth of Bitcoin, Ethereum, or USDC among other cryptos.

If you have a good reason such as creating helpful text and video content on crypto, big platforms can help you set up a donation checkout page. Coinbase, for instance, lets you create a donation checkout page that you can share with friends, relatives, clients, and crypto enthusiasts to receive donations.


Many crypto enthusiasts have earned good money through these crypto-earning opportunities, and undoubtedly, you can too. Everyone would like to get free cryptocurrency. It does not take much to get crypto using these methods; this is why they are being referred to as free. Use options like airdrops, credit card rewards, staking, and more, and watch as your cryptocurrency grows.


In plain dollar for dollar terms, Bitcoin moved more in terms of price in 2021 alone than its entire history before it. The cryptocurrency closed the year in 2020 with a new high over $20,000, but from the start of 2021 to the high of the year, Bitcoin grew another $45,000 per coin.

It has since dropped more than 50% of that all-time high price, leaving crypto market participants wondering why the crash happened, and if the bull run is over. But before that can be understood, we have to first understand what caused the spike in Bitcoin price in the first place.

Getting an in-depth look at all the factors that prompted the uptrend can help shed light on if the rally is over for good and a new bear market here, of it this is merely a pause before another leg up and more all-time highs.

Why People Invest In Bitcoin And Cryptocurrencies

Time and time again, it has been proven that Bitcoin can be a worthwhile investment and a great, uncorrelated addition to a savvy investor’s portfolio. In fact, it is among the best performing investments in history, despite still being considered a dangerous and sometimes risky asset class. The risk is associated with the cryptocurrency’s volatility which is amplified by being a speculative asset. Speculative assets are highly susceptible to changes in sentiment, making the resulting changes in price action that much more powerful.

It has gone from virtually worthless and of interest only to hobbyist cypherpunks to being a highly sought and scarce asset that everyone in the world wants to own a piece of. The ROI is in the hundreds of thousands, if not more, but the cryptocurrency keeps on climbing.

Knowing the asset’s potential is one of the main reasons the price spiked in 2021. Any financial market prices in all available data, including news, and even the expected future results of an asset. In fact, most assets trade at the prices they will be worth in the future, and not at their actual valuation. Crypto is no different, and possibly even more departed from its value – because no one truly knows what the value should be.

Future Price Predictions Fuel Rally

But Bitcoin is one of the few cryptocurrencies with enough price history to predict future outcomes, and almost all analysts who have looked at a Bitcoin price chart see big things in the cryptocurrency’s future.

The cryptocurrency is projected by many ranging from the likes of Max Keiser to Tim Draper and Cathie Wood to reach hundreds of thousands of dollars per coin in the next several years. With expectations like that, crypto investors are hard to break and it took a major 50% correction to get some long term holders to finally capitulate.

The spike was driven in large part by the expectation that the price of Bitcoin would rise in 2020, but the expectation itself was driven by a variety of other factors.

Digital Gold Narrative Floods Crypto Market With Trillions

The digital gold narrative was one of the primary factors in Bitcoin’s parabolic climb in 2020. The cryptocurrency was designed by the mysterious Satoshi Nakamoto to share many of the same attributes as the precious metal, such as scarcity.

Gold has long been used as a monetary standard, however, Bitcoin is better than gold in every way. The cryptocurrency can be sent across communications channels due to having no physical footprint, and requires no space to store. It is even more scarce than gold, with a fixed supply that can never be increased.

The gold market is worth more than ten trillion dollars, and even just a small amount of it coming out of precious metals and flowing into the ultra scarce, low liquid crypto market sent speculative asset prices soaring. Bitcoin reached more than $1 trillion itself, with the crypto market reaching nearly $3 trillion in total value. But then a crash happened, and the entire crypto market is now less than $2 trillion with Bitcoin included.

The Bitcoin Halving Crushes Supply When Demand Is Highest

The cryptocurrency’s hard-coded halving in May of 2020 was another major factor in causing the spike. Demand for the cryptocurrency had been rising naturally after a long bear market. When demand was at the highest in years, the supply was slashed in half by the cryptocurrency’s underlying protocol.

With less BTC flowing into the market from miners, and no more holders willing to sell, the price per Bitcoin rose exponentially, and it carried the rest of the crypto market up with it. DeFi coins exploded, and Ethereum set a new peak also. The entire market was soaring.

Capital seemed to be flowing into crypto from every angle, and it was. Which leads us to another primary factor in the cryptocurrency’s epic rise to stardom in 2021.

Stimulus Money, The Fail of Fiat, And The Future Of Bitcoin

The rise began with Black Thursday, and the massive stimulus rolled out since to save the economy and keep markets afloat. Central banks and governments have collectively added trillions of dollars to the global money supply, all while the total supply of BTC has stayed the same, and the incoming supply has dropped.

The fall of fiat currencies could soon arrive, and inflation is already running wild and causing consumer prices to skyrocket across the board. If this happens, the true value of cryptocurrency scarcity could show its hand in the coming years.

With the economy still on thin ice and unprecedented money printing failing to hold up the stock market, another big crash is imminent. If and when central banks again try to prop things up, Bitcoin will spike yet again, and the bull market will continue. Buying Bitcoin in many ways, is an insurance policy against any potential outcomes where the US dollar fails, and a new currency prevails.

The rest of the year of 2021 is bound to be an exciting one as bulls and bears collide to decide the future fate of the crypto market.

China has intensified its clampdown on cryptocurrencies, telling banks and payments platforms to stop supporting digital currency transactions.

That follows an order on June 18 to shut down Bitcoin mining operations in Sichuan province.

The price of Bitcoin slumped by more 10% on June 21 but stabilized in Asian trading on June 22.

The value of the cryptocurrency has fallen by around 50% since hitting a record high above $63,000 in April.

On June 21, China’s central bank, the People’s Bank of China (PBOC), said it had recently summoned several major banks and payments companies to call on them to take tougher action over the trading of cryptocurrencies.

In a statement, the PBOC asked banks not provide products or services such as trading, clearing and settlement for cryptocurrency transactions.

China’s third-largest lender by assets, the Agricultural Bank of China, said it was following the PBOC’s guidance and would conduct due diligence on clients to root out illegal activities involving cryptocurrency mining and transactions.

China’s Postal Savings Bank also said it would not facilitate any cryptocurrency transactions.

Mobile and online payments platform Alipay, which is owned by financial technology giant Ant Group, said it would set up a monitoring system to detect illegal cryptocurrency transactions.

The latest measure came after authorities in the southwest province of Sichuan on June 18 ordered Bitcoin mining operations to close down.

SpaceX to Launch Dogecoin Mission to Moon

In 2020, China accounted for around 65% of global Bitcoin production, with Sichuan rating as its second largest producer, according to research by the University of Cambridge.

Last month, China’s cabinet, the State Council, said it would crack down on cryptocurrency mining and trading as part of a campaign to control financial risks.

Some analysts have warned of potential further falls in the price of Bitcoin due to a price chart phenomenon known as a “death cross”, which occurs when a short-term average trendline crosses below a long-term average trendline.

Other cryptocurrencies also fell as investors worried about tougher regulation of digital currencies around the world.

Separately, the auction house Sotheby’s said that a rare pear-shaped diamond that is expected to sell for as much as $15 million can be bought at an auction next month using cryptocurrencies.

It is the first time that such a large diamond has been offered in a public sale with cryptocurrency.


Dogecoin has jumped in value by 50% after inventor Elon Musk dubbed it “the people’s crypto”.

Cryptocurrencies such as Dogecoin and Bitcoin are generated by computers. Their supposed value comes from the finite number that can be computed.

Dogecoin, a cryptocurrency which started off as a joke, uses a Shiba Inu dog as its mascot and is based on a meme featuring the animal.

The currency has risen more than 800% in the year so far.

After reaching a high of $0.058, each dogecoin is currently changing hands for about $0.046, suggesting a total value for all 128 billion coins of about $5.89 billion.

According to an interview with Vice, dogecoin was created in 2013 by a pair of software workers after one of them made a joke about the next big cryptocurrency.

However, with no intrinsic value like gold or land, and no ability to generate an income like a company or bond, cryptocurrencies are extremely volatile and can crash as fast as they rise.

This makes them hard to value and makes their prices susceptible to tips from backers or sudden panics.

Critics point out that while any given cryptocurrency may have a finite supply of units, the number of cryptocurrencies is ever-growing and potentially limitless.

People have lost large amounts of money in steep drops in the value of cryptocurrencies and in hacks and corrupted or lost hard drives.

Petro: Venezuela Launches Ethereum-Based Cryptocurrency

Bitwalking Dollar: New Crypto-Currency Generated by Human Movement

Bitcoin’s value dropped by $5,000 on January4 to about $29,000 before recovering the lost ground. On January 11, it dropped $9,000 to $32,000.

Because the cryptocurrencies can pass international borders quickly and are not regulated like cash or regular investments, investigating thefts is hard.

Last month, the Financial Conduct Authority (FCA) issued a stark warning to investors in so-called cryptoassets.

The financial watchdog said investors should be “prepared to lose all their money” should their investment’s value collapse.

Bill Gates, Elon Musk and Jeff Bezos are among many prominent figures targeted by hackers on Twitter in an apparent Bitcoin scam.

The official accounts of Barack Obama, Joe Biden and Kanye West also requested donations in the cryptocurrency.

A tweet from Bill Gates’ account said: “Everyone is asking me to give back.

“You send $1,000, I send you back $2,000.”

Twitter said it was a “co-ordinated” attack targeting its employees “with access to internal systems and tools”.

The company said in a series of tweets: “We know they [the hackers] used this access to take control of many highly-visible (including verified) accounts and Tweet on their behalf.”

Twitter added that “significant steps” were taken to limit access to such internal systems and tools while the company’s investigation was ongoing.Meanwhile, Twitter CEO Jack Dorsey tweeted: “Tough day for us at Twitter. We all feel terrible this happened.”

Twitter earlier had to take the extraordinary step of stopping many verified accounts marked with blue ticks from tweeting altogether.

Password reset requests were also being denied and some other “account functions” disabled.

By 20:30 EDT on July 15, users with verified account started to be able to send tweets again, but Twitter said it was still working on a fix.

Dmitri Alperovitch, who co-founded cyber-security company CrowdStrike, told Reuters: “This appears to be the worst hack of a major social media platform yet.”

Donald Trump’s Twitter Account Down for 11 Minutes

Donald Trump Twitter account hacked

Donald Trump Sued by Seven People for Blocking Them on Twitter

On the official account of Elon Musk appeared to offer to double any Bitcoin payment sent to the address of his digital wallet “for the next 30 minutes”.

“I’m feeling generous because of Covid-19,” the tweet added, along with a Bitcoin link address.

The tweets were deleted just minutes after they were first posted.

However, as the first such tweet from Elon Musk’s account was removed, another one appeared, then a third.

Others targeted included: Kim Kardashian, Mike Bloomberg, Apple and the ride-sharing app Uber.

The Biden campaign said Twitter had “locked down the account within a few minutes of the breach and removed the related tweet”.

A spokesman for Bill Gates told AP news agency: “This appears to be part of a larger issue that Twitter is facing.”

Last year, Jack Dorsey’s account was hacked, but Twitter said it had fixed the flaw that left his account vulnerable.


The global economy is absolutely massive. Trillions and trillions of dollars are spent and earned by millions of different companies and individuals in thousands of different industries. Sure, we all know just how big the retail, food, oil and pharmaceutical industries are and how important they are.

However, what about the thousands of other different industries? These other industries are responsible for a ton of jobs and while they pale in comparison to the industries in the last paragraph, they are still bigger than you ever could have imagined! With that in mind, this article will look at a few industries that, while small, are likely way bigger than you ever thought possible.

Image result for dolar

The Hard Cider Industry

The alcohol industry is one of the largest on the planet, but there is a certain subset of the industry that is likely much bigger than you thought. Over the last few years, the hard cider industry has transformed from nothing but a gimmick, to something massive, with many different players.

The U.S market for hard cider sits at well over $400 million, and the overall global market is quite a bit bigger. However, it isn’t the size of the market that is so impressive, but the growth. The market has had an annual growth of over 30% over the last five years and look for it to continue as more and more people become interested in transitioning to ciders as their drink of choice.

The Cigar Industry

While the cigarette industry gets most of the attention for its size and the simple fact that hundreds of millions of people smoke every single day, the cigar industry is no slouch. While people don’t often smoke cigars in the same fashion they smoke cigarettes, the markets aren’t all that far off.

In fact, experts believe that that the overall global market for cigars could reach over $13 Billion by 2025, which is far more than most people might have imagined. Also, whereas all cigarettes are more or less the same in terms of flavor, cigars offer a wide range of different flavors, including this cigar here.

The Cryptocurrency Industry

Image result for bitcoin

If you think of 2017, it was largely the year of the cryptocurrency. Currencies like Bitcoin and Ethereum became household names and attracted millions of investors from all over the planet. Overall, the cryptocurrency market sits at nearly $500 Billion, and hit over $800 Billion in early 2018.

This is already incredibly impressive, but you need to understand the growth to understand the sheer magnitude of those numbers. At the start of 2017, the market was under $20 billion, which means it experienced a boom unlike anything we have seen in a very long time. As blockchain technology and cryptocurrencies continue to evolve and mature, don’t be shocked to see them only grow in popularity over the coming years.

The Pet Insurance Industry

This is one that hardly anyone thinks about, but once you do, you begin to understand it. We love our pets and most people are willing to spend whatever it costs to keep their animals healthy. So instead of paying everything out of pocket, it makes sense to purchase pet insurance.

Just as humans begin to live longer due to better diets and better healthcare, the same goes for our pets. Those are all just some of the many reasons why the pet insurance industry is likely bigger than you ever thought possible. The industry in the United States is currently valued at nearly a billion dollars and with nearly 13% annual growth over the last five years, it seems like it’s going to continue getting bigger.


Bitcoin is clearly surging right now, with its value currently reaching $17,000 USD and is looking more and more like a sure investment. Yet it’s vital for anyone looking to invest in cryptocurrencies not to get lost in all the promises and actually stay well informed about Bitcoin’s technological progress.

Prior to considering if you should buy Bitcoin (BTC), you should know the history of the technological aspect of Bitcoin as well as what the experts believe lies ahead in its future.

With the biggest value of Bitcoin being its instant and secure P2P (peer-to-peer) payment transactions, it is now more than ever looking like it’s going to become the primary cryptocurrency in the global market, with over a 1,500% increased value in 2017 alone. Or is it? Let’s see what the finance experts have to say.

Is It a Bubble or Not?

According to the UBS Wealth Management, they are not boarding the hype train that bitcoin is ever to become a legitimate currency. Their global chief economist, Paul Donovan, highlights that cryptocurrencies are only valuable when they are accepted as currencies. Add the fact that bitcoin can’t be used for most important transactions plus that cryptocurrency supply can only rise, which makes them a bad store of value. His report further states that there’s no economic backing for the huge increase in bitcoin prices, which almost certainly means that it’s a bubble.

More Coins Means More Value

On the other hand, co-founder of FundStrat Global Advisor, Tom Lee, believes that Bitcoin will only gain in value over the next five years. He compares the Bitcoin to a social network, stating that the more engagement it gets the more it’ll grow in value. The idea behind is that the more coins are being issued, the more people will be using bitcoin as a master ledger – which basically means that bitcoin’s value is growing with the addition of more cryptocurrencies.

An Independent Cryptocurrency

Braden Perry, a partner at Kennyhertz Perry LLC, states that the world may be ready for a currency that’s decentralized and actually controlled by the people, especially since governments are known for power abuse – now more than ever. A currency without borders that’s available to anyone who can buy it might be a solution for the world we’re stepping in. However, he also states that Bitcoin may have a long journey ahead since it still requires greater adoption and more simplicity if it’s ever going to appeal to the general public.

Some Will Get Rich, Some Will Get Burned

At the moment, selling bitcoins probably seems like a great way to quickly raise a lot of money without any questions asked. Of course, some people will get rich out of it. In fact, some already are. But what about fears of being ripped-off? That’s almost as certain, state the experts, as some people will get burned while investing in cryptocurrencies.

Peter Smith of Blockchain company, which already went through the investment period with Bitcoin, is now looking to invest in Ethereum, a new cryptocurrency with a different architecture. Still, he advises people to be cautious and know what they’re doing before they actually start investing. As any leading accounting firm can tell you, you need to understand the market before you actually start investing.

Bottom Line

While there’s certainly going to be nay-sayers when it comes to cryptocurrencies, the concept itself is almost certainly going to survive and advance in the next couple of years. And what about bitcoin? No one can tell for sure, but the fact is that even though its prices are skyrocketing at the moment – it’s still volatile and can’t be easily used for trading. The best advice anyone can give you on cryptocurrencies is to actually know why they’re gaining so much popularity. Understanding them will mean that you can make a safer decision instead of just blindly following the hype train.


Bitcoin has been shaking up the tech and finance worlds ever since it was first introduced in 2009 as the world’s first cryptocurrency created by Satoshi Nakamoto. Since then world media has been paying close attention to bitcoin’s status as a real means of value exchange, with many questions surrounding its viability and investment value still continuing to rise to the surface.

Thanks to the infographic provided by BuddyLoans, we take another look at the phenomenon of bitcoin and pick out four reasons, despite its volatile value fluctuations, why it might be worth investing in.

Decentralised Nature

Due to bitcoin’s origins and separation from any political or state affiliation, many people have seen it as an interesting investment vehicle safe from governmental manipulation. Its decentralised nature, for some, has made it appear a good form of portfolio insurance.

Couple that with the fact that bitcoin is easy to carry and store, and that it doesn’t need to be deposited or controlled by banks or other financial regulations, and it definitely makes for an interesting investment option.


Also a possible reason as for why not to invest, bitcoin’s relative youth, when compared to long-standing investment options like gold for example, raise a lot of questions. Yet even a decade-old, bitcoin’s newness makes it particularly volatile in terms of its value but also leaves room for very large profits.

If you can handle that kind of risk then bitcoin could prove a very bankable investment strategy yet.

Open Payment Network

Unlike conventional financial networks like Mastercard and Paypal that have specific company owners, the Bitcoin network is independent, uncontrolled and relatively unlimited in terms of what you could do with it.

The consequence of its open payment network throws it open to innovation that might supersede conventional payment technologies much in the same way the open web has allowed companies like Google, YouTube and Facebook to dominate. Investing in it allows you to capitalise if and when these developments come to fruition.

Bitcoin Payments and Applications

Another key reason to look into bitcoin as an investment surrounds the fact that it is resilient in the face of international money transfers and speedier than the likes of Moneygram and Western Union to boot.

What’s more are the number of bitcoin applications and start-ups in development, seeking to make payment even easier for bitcoin users and enable them to convert local currencies into the cryptocurrency.

Bitcoin is still an interesting prospect to say the least. To find out more information make sure you take a look at the following infographic.