AS AN INVESTOR, WHY DO I CARE ABOUT BITCOIN?
For the first time since the advent of the credit card in the 1960s, we have
a technology that radically modernizes money. Bitcoin the digital currency
and its clearing network are open source, mobile, peer-to-peer, cryptographically protected, privacy-oriented, and native to the Internet. The fusion of
these technologies allows for a level of security and efficiency unprecedented in the world of money, banking, and finance—thus strengthening
Bitcoin’s potential as a disruptive technology, which could first disturb and
then displace its predecessors.
To illustrate, these are some of the areas in which Bitcoin technology can
directly compete with the existing infrastructure:
• $2 trillion annual market for electronic payments
• $1 trillion annual e-commerce market
• $514 billion annual remittance market
• $2.3 trillion hedge fund market
• $7 trillion gold market
• $4.5 trillion cash market
• $16.7 trillion offshore deposit market
Bitcoin investors are in the company of top venture capital brass such as
Marc Andreessen, Reid Hoffman, Fred Wilson, and PayPal co-founder Peter
Thiel; by billionaires such as Jeffrey Skoll (eBay co-founder) and Li Ka-shing
(the richest person in Asia); of iconic executives such as Vikram Pandit
(Citigroup), Blythe Masters (JPMorgan Chase), and Tom Glocer (Reuters);
and most recently, by large cap companies such as Google, Qualcomm, New
York Stock Exchange, NASDAQ, USAA (American bank and insurer), and NTT
DOCOMO ($75B Japanese phone operator).
Indeed, its potential as ‘money in the cloud’ and ‘gold 2.0’ has made Bitcoin
the sector with the fastest growing volume in startup investments worldwide. VC investments are on a run rate for over $900 million in 2015 (double
that of 2014), and the Bitcoin market cap has exploded from $1.4 million in
2011 to $4 billion early this year.
There are four prominent risks associated with Bitcoin: a better digital currency emerging and stealing the market lead, an undetected bug in the system, a hard fork (when some nodes in the network upgrade to software that
is incompatible with previous versions) causing the Bitcoin payment network to split in two, and a sustained attack by an organization with substantial financial resources (such as a government).
Though a better currency is possible, disruptive protocols—such as TCP/IP
for the Internet—have proven to be resilient once adopted by a critical mass
of the population, as Bitcoin has when compared with altcoins (we cover
this in more detail later in this report). With any software application, undiscovered bugs may destabilize the system, but Bitcoin’s open-source nature
allows for anyone to contribute security patches and structural improvement to the code. A hard fork creates competition between two versions of
Bitcoin, and after a period of fear and doubt, eventually the value will flow
to the version deemed most useful by its users. Lastly, an organized attack is
possible but extremely expensive, and there are many defense mechanisms
in place that make the attack more difficult to execute.
In closing, given how enormous the potential future value of the Bitcoin
network is if successful, we maintain that the risk-reward ratio for Bitcoin
the currency is currently the most favorable of any investment in the world.
After thorough research and planning (of which this report will hopefully be
of assistance), Bitcoin can be a valuable addition to your portfolio.
сложность monero bitcoin sec капитализация bitcoin tether обменник txid bitcoin bitcoin rpg перевести bitcoin продажа bitcoin кошельки bitcoin konvertor bitcoin bitcoin хабрахабр bitcoin green bitcoin hardware ethereum 1070
bitcoin магазины
777 bitcoin ethereum видеокарты mindgate bitcoin кран bitcoin bitcoin трейдинг
bitcoin kurs bitcoin logo bitcoin shop ad bitcoin
exchange monero
map bitcoin ropsten ethereum
tether io bitcoin биткоин ethereum contracts bitcoin future cryptocurrency tech bitcoin заработать расчет bitcoin сервисы bitcoin x2 bitcoin bitcoin компания bitcoin expanse parity ethereum xronos cryptocurrency bitcoin capitalization ethereum farm tera bitcoin bitcoin ne
hashrate bitcoin bitcoin магазин
bitcoin пример bitcoin parser ethereum вики china cryptocurrency lootool bitcoin network bitcoin ethereum coin tradingview bitcoin bitcoin cracker it bitcoin scrypt bitcoin all cryptocurrency bitcoin книга bitcoin nvidia Bitcoin Cash is a hard fork of bitcoin increasing the maximum block size. Bitcoin XT, Bitcoin Classic and Bitcoin Unlimited each supported an increase to the maximum block size. On 1 August 2017, the day when BTC forked, the BTC blockchain split into two separate blockchains: one maintained in accordance with the rules currently valid for BTC, and the other maintained in accordance with the rules currently valid for BCH. If one had coins on the BTC chain prior to the fork and has not yet moved them, one could move them on one or the other or both chains. Thus, all holders of BTC also became holders of BCH at the split time. Henceforth BTC and BCH are separate and trade at entirely independent valuations relative to each other, fiat currencies, and other assets.monero address xapo bitcoin bitcoin 1000 bitcoin иконка nodes bitcoin приложения bitcoin зарабатывать bitcoin bitcoin flapper
mercado bitcoin bitcoin криптовалюта ethereum contracts вложения bitcoin bitcoin зебра bitcoin 2020
monero nvidia bitcoin pools инвестирование bitcoin bitcoin 2020 ethereum dao node bitcoin bitcoin easy ethereum валюта работа bitcoin bitcoin mine tether верификация ethereum stratum рулетка bitcoin bitcoin рынок обновление ethereum
wikipedia ethereum bitcoin poloniex lootool bitcoin erc20 ethereum cubits bitcoin bitcoin аккаунт bitcoin apple bitcoin loto
bitcoin talk bitcoin tor компьютер bitcoin block ethereum инвестиции bitcoin bitcoin png half bitcoin кошелек ethereum bitcoin аналитика collector bitcoin stats ethereum bitcoin pdf bitcoin wm bitcoin market daily bitcoin ethereum btc обмен ethereum bitcoin change token bitcoin collector bitcoin смесители bitcoin получить bitcoin bitcoin официальный bitcoin background currency bitcoin zebra bitcoin total cryptocurrency key bitcoin lucky bitcoin bitcoin биткоин bitcoin tails bitcoin demo 60 bitcoin bitcoin реклама сложность bitcoin mmm bitcoin ethereum com алгоритм ethereum moon bitcoin bitcoin автосерфинг
ethereum browser bitcoin virus ethereum miner 99 bitcoin cryptocurrency dash arbitrage cryptocurrency bitcoin установка скрипт bitcoin solo bitcoin bitcoin registration cryptocurrency market tether usdt bitcoin обозреватель динамика bitcoin bitcoin торговля games bitcoin bitcoin banks bitcoin box bcc bitcoin
bitcoin microsoft tether 2 tether верификация bitcoin blue продать ethereum кошельки ethereum cfd bitcoin bitcoin расчет bitcoin knots прогнозы ethereum полевые bitcoin importprivkey bitcoin bitcoin trading
future bitcoin clockworkmod tether cryptocurrency dash bitcoin expanse карты bitcoin monero fr ethereum вики блог bitcoin safe bitcoin bitcoin порт bitcoin motherboard ethereum cryptocurrency de bitcoin bitcoin goldman bitcoin cranes bitcoin fpga bitcoin tm bitcoin information monero coin monero сложность usd bitcoin карты bitcoin bitcoin окупаемость bitcoin maps bitcoin get
стоимость bitcoin bitcoin инструкция monero usd bitcoin passphrase математика bitcoin инструкция bitcoin bitcoin автор компиляция bitcoin bitcoin cudaminer bitcoin ваучер multiplier bitcoin chain bitcoin
bitcoin blue monero dwarfpool
ethereum faucets bitcoin википедия For these reasons, we don’t see Ripple as a serious contender for what is tobitcoin dat bittrex bitcoin blockchain ethereum bitcoin hardfork
bitcoin lucky зарегистрироваться bitcoin bitcoin сети перевод ethereum bitcoin banking bitcoin компьютер tether криптовалюта ethereum core grayscale bitcoin обмена bitcoin avatrade bitcoin bitcoin icon bitcoin hunter word bitcoin bitcoin boxbit ethereum markets ethereum telegram bitcoin roulette получение bitcoin accept bitcoin cryptocurrency wallets
chaindata ethereum
monero майнинг bitcoin бесплатные avatrade bitcoin
магазины bitcoin отзывы ethereum bitcoin сша bitcoin реклама cryptocurrency charts