Why Bit Coin, You Ask Yourself?
Four Reasons I'm a Cryptocurrency Supporter
1. Banks Are Not Are Friends-
I'm not a fan of paying 30.00 to send a bank wire and watch banks take their sweet time in delivering it. I've had banks charge me for overdrafts where I'd prefer to hold bit coin somewhere and deal with money there. Does everyone realize a bank is capable of giving you a 35.00 overdraft fee for a five dollar purchase. What in the flying heck! Profanity censored. Maybe it would be possible to hold our bit coin somewhere one day and they pay us interest and don't ever think of charging us overdraft fees. You can imagine why I hope banks get their day of reckoning.
2. Anti Inflation-
It sure is disappointing to see governments mismanage money and hurt the people they represent. I've written quite a bit about inflation. See below:
3. Payment Processors-
I'm sure some people would vomit if they knew some of the crap processors pulled. Feel free to browse the post below:
4. Be There First
As a holder of cryptocurrency, I'd like the benefit of seeing it hit a more mainstream adoption. I'd like to say I was there first and of course reap the profits. I had the good sense of understanding how valuable it is and did my part in furthering it.