the phenomenon of digital currency
for the first time in human history, Bitcoin, a virtual currency successfully challenges any government to reconsider the flat currency we know as dollars, dollars and so on in its transaction activity.
soaring bit exchange rates at the end of November 2013 in which 1 bitcoin is priced at US $ 1016 dollars in equity as a sign of widespread use of virtual currency in real trading. Certainly flat currency that we know today will not be abandoned because of the name bitcoin it will also be exchanged into real currency but the existence of virtual currency like bitcoin this become a separate phenomenon for people to change the paradigm thinking make bitcoin as currency in the world trading.
it must be acknowledged that the presence of bitcoin and other crypto currencies is a historic "paradigm shift" phenomenon in the currency. Once people realize the benefits, they will switch to using crypto currency and "stop" using fiat currency wherever possible.
and we can imagine a world in which we live. You can buy anything privately. No bank. There are no administrative fees. No fear of inflation that makes the value of the currency further eroded. This is what digital currency, bitcoin promised. "It could be an alternative currency outside of the US dollar, and bitcoin is what it means," said former US Congressman Ron Paul, as quoted by CNN, Friday (6/12/2013).
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According to him, "if a wide audience starts using bitcoin, it is very likely that it will be able to drown the history of the US dollar that has been considered a universal currency worldwide."
a paradigm shift to crypto currency would have taken some time, but the first battle had been won by Bitcoin. Everyone will be part of this transition, but we are fortunate enough to realize that it is happening now. Who is eared should he hear he he he.
The fact of increasing the bitcoin value.
In 2009 when bitcoin was "invented" a lot of people underestimated this currency and a few years ago, one could buy 1,000 Bitcoins for only $ 1. But slowly but surely two years later you bitcoin is increasing in value.
historic changes that occur. Do you recognize it, and whether you take action is your choice. Like most major shifts in human technology, many early adopters will become rich, while those who "arrive late" will stand up to actually lose their net worth.
