New Research — Bitcoin can be seen as a “Safe Heaven Asset” that will improve finance — another good study it seems
Source: https://bitcoinist.com/bitcoin-is-a-safe-haven-asset-that-will-improve-finance-new-research-suggests/
https://www.infinitiresearch.com/thoughts/digital-currency-financial-industry
Slowly but surely it appears the “worm is turning” in favor of cryptos.
For years, bitcoin and crypto enthusiasts promoted the benefits of cryptos vs the present financial system touting very practical applications.
One clear example : Money Remittance (Western Union)... vs crypto is an easy comparison :
- Faster
- Cost less in fees
- delivered to the person home or cell phone — no need to leave
- Safler if you are receiving money at a store in public
The above is just one example of the many that have been espoused for years...and now it appears that people and the financial industry can no longer ignore (or they have their system built out).
Even in the financial industry — banks are using: Argentinian Bank to use Bitcoin as a “cross border payment solution”
Source: https://coinpedia.org/news/argentinian-bank-bitcoin-cross-border-payment/
Visa even to use for cross border payments
Source: https://www.pymnts.com/news/cross-border-commerce/2016/cross-border-blockchain/
It’s just a matter of time that adoption is in our face in such a way that all the mechanism for safety , ease of use and general adoption will be seen in every day life.
It's been doing well compared to altcoins
I think people are selling their altcoins to buy Bitcoin in some cases.
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Sounds good then...have you been buying??? Sold my dgb then bought back😆
Yes and also waiting a tad longer and my guess is a late Sept lift off :-)
End of Sept cool! Fingers crossed. What have you been hoarding? I was told to get btc☺
End of Sept to Mid Oct you will see it. BTC will definitely see benefit. But what happens is that BTC moves first the hardest and then the Alt coins move harder with larger % gains (at least from past experience). We will see let’s watch BTC vs LTC vs DGB from now thru year end :-)
Oh am definitely watching all of them..on who moons 1st😁😅😃
Lol...who moons first....BTC will moon first is my guess but it won’t moon the most :-)
Well. ive used most of my btc for alts so...alts it is!
@floridanow You can read ....
It is obvious of course, but with prices down, people are concerned. We bring up good stories that show another side. Good progress coming.