Not up to twenty-four hours ago, Bitcoin reached the $50,000 milestone and now one Bitcoin is worth a whopping $51,200. This is a new all-time high and experts say that the value of Bitcoin will continue to rise and predict that in a very short time, with the rate at which it is growing, it will get to $70,000 sooner than we all can imagine, definitely before the middle of the year. Bitcoin is the world’s most popular cryptocurrency and was invented in 2008 by an unknown entity that uses the name Satoshi Nakamoto. It is a decentralized kind of currency and does not need the interference of a single administrator or a central bank. Bitcoin can easily be sent from one person to another without any form of middleman or intermediary.
Bitcoin will continue to dominate the cryptocurrency industry and continue prove to be one of the best ways to invest in this time. Bitcoin is easy to use, easy to save and invest with, free from the hazards of middle men or a centralized system and totally takes away costs that arise from transactions. Experts say Bitcoin will continue to beat every expectation set out for it, so there will never be too late of a time to invest in it.
Ibhadojemu Lucky Emmanuel is a graduate of Education and Economics from the University of Benin. He has a passion for tech and business and has been writing professionally for over a period of five years. He's written across various topics and segments and knew tech-business was it when he first stumbled on it. He has a great passion for music and arts, and wants to visit as many countries as he can someday.
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