How Bitcoin, Ethereum and other cryptocurrencies are better than some countries currency
How Bitcoin, Ethereum and other cryptocurrencies are better than some countries currency – Cryptocurrency has reawakened the hope of people especially, Bitcoin and Ethereum. Their value as it stands is even better than some countries currency. Notwithstanding the daily increase of the price of bitcoin and ethereum, there are other vital values of cryptocurrency.
How Bitcoin, Ethereum and other cryptocurrencies are better than some countries currency
The value of some countries currency is not a match to some countries. You would know that the value of the highest denomination of some countries could not afford what the least denomination of some countries can afford.
Let’s take this scenario as an instance to proof this fact; the value of one US dollar is N360 of Nigerian currency. Nigeria is even better when compared to some countries whose currency value are nothing when compared to the worth of Nigeria currency.
Having a cryptocurrency will help you know your match and remain stable even when you leave for other countries whose worth of money are higher. One Bitcoin and Ethereum worth can purchase whatever you can’t imagine.
Saving your countries currency in any banking institution hardly increase – addition of interest notwithstanding that your money is used for business. This is not so with Bitcoin (BTC) or Ethereum as it appreciates almost every day for the benefit of all that has a possession of it.
With Bitcoin or Ethereum, you can still live a simple life and no one will suspect you. Even if armed robbers visit you, there is no way they could get anything from you as your bank account will be left with little or no money. This is not same when you have money saved in your bank account with your country currency. Arm robbers and fraudsters can easily move all your money in a day – we all knows what happens this time.
More Values of Bitcoin over physical cash
It will be very difficult to frozen account having bitcoin or ethereum when government or any institution is getting suspicion of too many cash possession.
Bitcoin and ethereum makes travelling to any country of your choice easy as the stress of changing your money to the country you are traveling to be reduced. We know at the process of converting to another currency, most at times, the value reduces.
With Bitcoin and ethereum you have created generational possession that would never dry. Bitcoin and ethereum are like an ocean that never dries.
You can trade with it and never go hungry with your first hit. BTC, Bitcoin has great value that some countries currency…