Bitcoin or traditional money?
by, 10-23-2020 at 02:39 AM (332 Views)
What's Best for Business?
Business is multifaceted now. It is no secret. Some may sell food, and some may sell phones. And all these things are necessary anywhere in our world. From Asia to America. And that's great, entrepreneurs can make a lot of money. The only disadvantage for a business is the problem of different payment methods. For example, Visa and MasterCard work well in the European market. But POLi works well for the Australian market. And how to be?
And this is not all the problems for businessmen. Since now cryptocurrency is gaining popularity. Of the many, the most popular are Bitcoin and Ethereum.
Everyone says it's better from a security point of view. They say: “money cannot be stolen, it is well encrypted”. But let's look at it from a different angle:
1. All the money is kept in your equipment. Which is already an unreliable applicator. You can forget all the passwords and it will break or simply be stolen.
2. Cryptocurrencies are increasing inflation. This is because they carry the full function of money.
Let's take a look at the cons of regular money. We all know enough about him, so we won't talk a lot about it:
1. They carry viruses. (Now this item is very relevant)
2. You can easily destroy them (tear, drown, etc.)
3. They are easier to steal.
Of course, you can say: "people invented electronic money a long time ago." And I completely agree with you. This solves a lot of problems. But he leaves one, they are still easier to steal than cryptocurrency.
Looking to the future, I'm sure there will be the only cryptocurrency. She will solve all her problems and will solve many of the problems that now exist.
It's hard for me to say how quickly this will happen. Many people will be afraid of her for a long time, as this is something new and incomprehensible for them. But this will pass over time.
You can read more information about this payment systems.