Is Bitcoin legitimate
The legitimacy of Bitcoin uncoverd
So you have your Bitcoin Wallet and you have your Bitcoin. You have done some extensenive research but still question how legitimate Bitcoin is? Or maybe you haven't completed any of these steps yet and are interested in the commodity but question how legitimate it is.
this is a tricky topic but I will do my best to explain it to you!
Firstly,
Bitcoin is a type of currency. It is not a currency like your standard USD, CAD, GBP, RR. it is a currency that you receive when you convert your standard dollar into Bitcoin which is a crypto currency. You cannot touch it or fondle it. it is strictly based on the web.
as far is its legitimacy is concerned I'm still skeptical. I hear and have seen and have personaly been successful with Bitcoin but if you research if bitcoin is legitmate you don't see much information and if you dig deep enough you will uncover some information that you may find important.
Through some extensive research this is why I found and you can decide if you will still pursure the glory of Bitcoin or back out and invest into your typical market.
Bitcoin is not regulated by major banks
some speculate that users of Bitcoin are riding on what the wealthy 1% are putting into it and once they pull out Bitcoin will crash
don't fall victim to pump and dumps
its secure but not as secure as your typical bank
what will you decide? will you still move ahead? was this helpful?
Best of you luck to you no matter where you invest!
So you have your Bitcoin Wallet and you have your Bitcoin. You have done some extensenive research but still question how legitimate Bitcoin is? Or maybe you haven't completed any of these steps yet and are interested in the commodity but question how legitimate it is.
this is a tricky topic but I will do my best to explain it to you!
Firstly,
Bitcoin is a type of currency. It is not a currency like your standard USD, CAD, GBP, RR. it is a currency that you receive when you convert your standard dollar into Bitcoin which is a crypto currency. You cannot touch it or fondle it. it is strictly based on the web.
as far is its legitimacy is concerned I'm still skeptical. I hear and have seen and have personaly been successful with Bitcoin but if you research if bitcoin is legitmate you don't see much information and if you dig deep enough you will uncover some information that you may find important.
Through some extensive research this is why I found and you can decide if you will still pursure the glory of Bitcoin or back out and invest into your typical market.
Bitcoin is not regulated by major banks
some speculate that users of Bitcoin are riding on what the wealthy 1% are putting into it and once they pull out Bitcoin will crash
don't fall victim to pump and dumps
its secure but not as secure as your typical bank
what will you decide? will you still move ahead? was this helpful?
Best of you luck to you no matter where you invest!
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