5 major effects Bitcoin will have on 5 big impacts Bitcoin will have on your life
Will bitcoin really change your life? Yes, absolutely — I’m 100% certain of it. And no I don’t have a crystal ball… I have something better: Foresight. History. Facts.
Just like the Internet changed soooooo much about our lives… bitcoin is being called ‘The Internet of Money’.
That is: The global money game is changing. And the power is now with the people!
More equality, more wealth, more choice
If you’ve ever given charity… or ever tried to save money… or ever wanted to make a good investment… or been frustrated with banks or governments… then you’re going to LOVE what bitcoin can do for you, your loved ones, everyone.
Bitcoin is more than just ‘digital money’. It’s about equality, access, and a more open framework for society.
Let’s take a quick look at five big impacts that bitcoin will have on our lives in the coming months and years.
BIG Impact 1: Fairness
Certain banks, governments and financial service companies have taken full advantage of their monopoly on money.
Citizens of Greece, India and Venezuela, for example, have been trapped in recent times by political corruption and economic experiments that have devastated their economies.
With bitcoin in the global picture, governments and financial companies must act more fairly and more responsibly, for two key reasons:
Bitcoin money transfers are relatively low cost compared to international bank transfers. Sending money abroad using bitcoin (or other cryptocurrencies) can be done without using the banking system.
Bitcoin can not be created or devalued by national governments and is therefore immune from inflation. Citizens of impoverished countries can buy bitcoin to protect their money from the decline in value of their national currencies. The same applies to dollars, pounds and euro.
(Bitcoin Monetary Inflation)
(BTC/EUR – Historical Chart)
Bitcoin is levelling the playing field for everyone. Fair fees, currency values through peer-to-peer transfers and global competition.
Even some politicians seem to agree:
“I’m a big fan of Bitcoin. Regulation of money supply needs to be depoliticized.”
– Al Gore, former US Vice-President and winner of Nobel Peace Prize
Big Impact 2: Wealth
Even the best stock market investors are considered a big success if they can make 20% profit on their money in a year. But banks pay us how much interest? 0.5% per year?
Bitcoin has rocketed over 53000% since 2009 when the first block (“genesis block”) was created.
And the future of bitcoin value is very bright. Only 21 million bitcoins can ever be produced based on its distributed computer code (and 16 million are already in circulation) which means that bitcoin is in very limited supply.
Experts and famous business icons predict STUNNING growth in the value of bitcoin:
“Virgin Galactic is a bold entrepreneurial technology. It’s driving a revolution and Bitcoin is doing just the same when it comes to inventing a new currency.”
– Sir Richard Branson, Founder of Virgin Records, Virgin Galactic, and 400+ other businesses
“You can’t stop things like Bitcoin. It will be everywhere and the world will have to readjust. World governments will have to readjust”
– John McAfee, Founder of McAfee
“Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value”
– Eric Schmidt, CEO of Google
If you’ve ever wanted a lucky break, or a way to invest in a world changing idea, look into bitcoin.
Side Note: That’s not ‘financial advice’. It’s just my opinion. Do your own research… but don’t delay, do it now.
Why now?
Because if the predictions prove to be right, you’ll never have a better time to get started buying bitcoin.
Big Impact 3: Access
Bitcoin has the potential to make personal finance easy for everyone. Available at the tip of your fingers via your mobile phone 24/7, anywhere in the world.
It’s even changing the lives of the very poor. Two billion people around the world are unable to get a bank account because they don’t live near one! Or they don’t earn enough money to be considered ‘eligible’ for banking. Or various other reasons…
Now they don’t even need one at all, as Wirex bitcoin payment services give them a low-cost solution for storing and transferring money via bitcoin from their mobile phone.
This is opening up new micro-economies in remote parts of the world and will surely lead to a better quality of life for all.
With more people using Wirex, more can be invested back into providing low-cost or even zero-cost personal banking solutions to impoverished people around the world, giving access to a wide range of economic benefits that raise the standard of living for everyone.
Big Impact 4: Ease
Wirex is proving that ‘bitcoin is simple’ with easy-to-use payment services, including debit cards, international transfers, and currency exchange.
Instead of using pocket change, or a high street bank card, you can instantly pay a bill with your mobile wallet (similar to Apple Pay), or use a plastic or virtual debit card, in any store or any website where Visa is accepted. It’s that easy.
And once you get started with bitcoin, you’ll begin to notice just how many locations already have orange signs that say ‘bitcoin accepted here’. For example, if you took a holiday in Bali during the end of 2016 (as I did), you’ll have seen ‘bitcoin accepted here’ signs everywhere! And the bitcoin craze has only just begun.
bitcoin acceptance
It’s good for travellers, freelancers, investors, savvy mobile users, impoverished people in the 3rd world, and yes — even gamblers.
I happen to have seen the Wirex company plans for future developments, making it THE go-to place for cutting-edge personal finance — both now and in the future.
All in all:
Bitcoin is more than just ‘here to stay’.
It’s here to re-shape the economic fabric of modern society. Moving us from obsolete banking practices, inferior security measures, and a lack of empowerment for common people — into an era where you become your own central bank with multiple currency accounts right on your mobile device:
responding to fluctuations in currency prices to profit from changes in exchange rates
controlling your own financial wellbeing, security and privacy
benefiting from the latest trends in cybersecurity
while being part of a more open, fair and prosperous future for all
Is it easy to get started?
Actually yes. Register a free Wirex account and enjoy the free education that Wirex provides to get you up to speed, and keep you fully informed, on what’s hot and what’s not with all things bitcoin.
If you don’t own any bitcoin yet, it’s easy to dip your toe in the water.
Simply transfer a small amount of your traditional currency (such as dollars or euro) into your secure Wirex account, and then click the magic ‘buy bitcoin’ button on your mobile app.
You can sell it back to traditional currency at any time, spend it in dozens of ways using a Wirex virtual or plastic payment card, or keep it like a savings account — and add to it over time (hint, hint).
Remember: The value of bitcoin is trending upwards and the future is very bright.
Big Impact 5: Choice
You can either ignore it for another couple of years until everyone is using it. Or you can be one of the early-birds who benefit today and help spread the word about this awesome technology that will transform the global economy; right down to how we buy our morning coffee, contribute to charitable causes, or pay for holidays.
Those who get familiar with bitcoin today will give themselves savvy lifestyle choices for the future:
Manage your digital money
Save and invest
Spend smart
Be your own ‘central bank’
Support global innovation of finance in impoverished regions
Learn about new lifestyle options available to bitcoin savvy consumers
And more
If you have questions, register for your account and you’ll have options to learn more and become a savvy bitcoin user.
Wirex — Making bitcoin simple. Join the global community of 750,000+ Wirex customers and start getting bitcoin savvy today.
I hope I’ve done the topic justice! Remember, the 5 big impacts of bitcoin on our life are:
Fairness
Access
Wealth
Ease
Choice life
Will bitcoin truly change your life? Indeed, completely — I'm 100% sure of it. What's more, no I don't have a gem ball… I have something better: Premonition. History. Actualities.
Much the same as the Web changed soooooo much about our lives… bitcoin is being called 'The Web of Cash'.
That is: The worldwide cash diversion is evolving. Furthermore, the power is presently with the general population!
Greater fairness, more riches, more decision
In the event that you've at any point given philanthropy… or ever endeavored to set aside extra cash… or ever needed to make a decent speculation… or been baffled with banks or governments… at that point you will LOVE what bitcoin can improve the situation you, your friends and family, everybody.
Bitcoin is more than simply 'computerized cash'. It's about equity, get to, and a more open structure for society.
We should investigate five major effects that bitcoin will have on our lives in the coming months and years.
Huge Effect 1: Decency
Certain banks, governments and monetary administration organizations have taken full preferred standpoint of their restraining infrastructure on cash.
Natives of Greece, India and Venezuela, for instance, have been caught as of late by political debasement and monetary examinations that have crushed their economies.
With bitcoin in the worldwide picture, governments and monetary organizations must act all the more reasonably and all the more dependably, for two key reasons:
Bitcoin cash exchanges are generally minimal effort contrasted with global bank exchanges. Sending cash to another country utilizing bitcoin (or different digital forms of money) should be possible without utilizing the managing an account framework.
Bitcoin can not be made or depreciated by national governments and is accordingly safe from expansion. Residents of ruined nations can purchase bitcoin to shield their cash from the decrease in estimation of their national monetary standards. The same applies to dollars, pounds and euro.
(Bitcoin Money related Swelling)
(BTC/EUR – Verifiable Diagram)
Bitcoin is evening the odds for everybody. Reasonable expenses, cash esteems through distributed exchanges and worldwide rivalry.
Indeed, even a few legislators appear to concur:
"I'm a major enthusiast of Bitcoin. Control of cash supply should be depoliticized."
– Al Gut, previous US VP and champ of Nobel Peace Prize
Huge Effect 2: Riches
Indeed, even the best securities exchange financial specialists are viewed as a major achievement in the event that they can make 20% benefit on their cash in a year. However, banks pay us what amount of premium? 0.5% every year?
Bitcoin has soared more than 53000% since 2009 when the main square ("beginning square") was made.
What's more, the eventual fate of bitcoin esteem is brilliant. Just 21 million bitcoins can ever be delivered in light of its appropriated PC code (and 16 million are as of now available for use) which implies that bitcoin is in exceptionally constrained supply.
Specialists and popular business symbols anticipate Shocking development in the estimation of bitcoin:
"Virgin Galactic is an intense entrepreneurial innovation. It's driving an insurgency and Bitcoin is doing only a similar with regards to designing another cash."
– Sir Richard Branson, Author of Virgin Records, Virgin Galactic, and 400+ different organizations
"You can't stop things like Bitcoin. It will be all around and the world should straighten out. World governments should rearrange"
– John McAfee, Author of McAfee
"Bitcoin is a surprising cryptographic accomplishment and the capacity to make something that isn't duplicable in the computerized world has huge esteem"
– Eric Schmidt, President of Google
On the off chance that you've at any point needed a chance of a lifetime, or an approach to put resources into a world evolving thought, investigate bitcoin.
Side Note: That is not 'budgetary guidance'. It's simply my sentiment. Do your own examination… yet don't delay, do it now.
Why now?
Since if the forecasts end up being correct, you'll never have a superior time to begin purchasing bitcoin.
Huge Effect 3: Access
Bitcoin can possibly make individual back simple for everybody. Accessible at the tip of your fingers by means of your cell phone all day, every day, anyplace on the planet.
It's notwithstanding changing the lives of the plain poor. Two billion individuals around the globe can't get a financial balance since they don't live close to one! Or then again they don't procure enough cash to be viewed as 'qualified' for saving money. Or on the other hand different reasons…
Presently they don't require one by any means, as Wirex bitcoin installment administrations give them a minimal effort answer for putting away and exchanging cash through bitcoin from their cell phone.
This is opening up new smaller scale economies in remote parts of the world and will without a doubt prompt a superior personal satisfaction for all.
With more individuals utilizing Wirex, more can be put once more into giving ease or even zero-cost individual saving money answers for devastated individuals around the globe, offering access to an extensive variety of financial advantages that raise the way of life for everybody.
Enormous Effect 4: Straightforwardness
Wirex is demonstrating that 'bitcoin is straightforward' with simple to-utilize installment administrations, including platinum cards, universal exchanges, and cash trade.
Rather than utilizing pocket change, or a high road bank card, you can in a split second pay a bill with your versatile wallet (like Apple Pay), or utilize a plastic or virtual charge card, in any store or any site where Visa is acknowledged. It's that simple.
What's more, once you begin with bitcoin, you'll start to see exactly what number of areas as of now have orange signs that say 'bitcoin acknowledged here'. For instance, in the event that you took an occasion in Bali amid the finish of 2016 (as I did), you'll have seen 'bitcoin acknowledged here' signs all over the place! What's more, the bitcoin fever has just barely started.
bitcoin acknowledgment
It's useful for explorers, consultants, financial specialists, shrewd portable clients, ruined individuals in the third world, and yes — even card sharks.
I have seen the Wirex organization anticipates future advancements, making it THE go-to put for front line individual fund — both now and later on.
With everything taken into account:
Bitcoin is more than only 'setting down deep roots'.
It's here to re-shape the monetary texture of present day society. Moving us from out of date saving money hones, second rate safety efforts, and an absence of strengthening for average folks — into a period where you turn into your own particular national save money with different cash accounts ideal on your cell phone:
reacting to variances in cash costs to benefit from changes in return rates
controlling your own particular monetary prosperity, security and protection
profiting from the most recent patterns in cybersecurity
while being a piece of a more open, reasonable and prosperous future for all
Is it simple to begin?
As a matter of fact yes. Enlist a free Wirex account and appreciate the free instruction that Wirex gives to get you up to speed, and keep you completely educated, on what's hot and what's not with all things bitcoin.
In the event that you don't possess any bitcoin yet, it's anything but difficult to dunk your toe in the water.
Basically exchange a little measure of your customary money, (for example, dollars or euro) into your protected Wirex record, and afterward tap the enchantment 'purchase bitcoin' catch on your portable application.
You can offer it back to customary cash whenever, spend it in many ways utilizing a Wirex virtual or plastic installment card, or keep it like an investment account — and add to it after some time (imply, imply).
Keep in mind: The estimation of bitcoin is slanting upwards and what's to come is brilliant.
Enormous Effect 5: Decision
You can either overlook it for another couple of years until the point that everybody is utilizing it. Or then again you can be one of the brisk riser who advantage today and help spread the news about this magnificent innovation that will change the worldwide economy; directly down to how we purchase our morning espresso, add to altruistic causes, or pay for occasions.
The individuals who get comfortable with bitcoin today will give themselves canny way of life decisions for what's to come:
Deal with your computerized cash
Spare and contribute
Spend savvy
Be your own 'national bank'
Bolster worldwide advancement of fund in devastated areas
Find out about new way of life alternatives accessible to bitcoin clever purchasers
And the sky is the limit from there
On the off chance that you have questions, enroll for your record and you'll have alternatives to take in more and turn into an insightful bitcoin client.
Wirex — Making bitcoin basic. Join the worldwide network of 750,000+ Wirex clients and begin getting bitcoin insightful today.
I trust I've done the subject equity! Keep in mind, the 5 major effects of bitcoin on our life are:
Reasonableness
Access
Riches
Simplicity
Decision