In 2009 Bitcoin (BTC) and cryptocurrency was virtually non-existent… Fast forward to a little over a decade later, to 2022; according to Bank of America, 91% of consumers are interested in Bitcoin and Crypto (Cryptocurrency). Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control.
As of February 2018, there were over 1,500 different cryptocurrencies in existence; Including Dogecoin, Ethereum, and of course Bitcoin, which is the most recognized and the first ever created. Invented in 2009 by Satoshi Nakamoto, Bitcoin, reached unimaginable growth, popularity, and value. In February of 2011, BTC reached $1.00USD, achieving parity with the U.S. dollar for the first time. However, in November 2021, Bitcoin (BTC) reached an all-time high of over $68,000USD, drawing the attention and interest of people worldwide!
With such unprecedented growth, many people are looking to cash in, and invest in bitcoin, or other cryptocurrencies. While (as of this writing) currently at just over $20,000, which is significantly lower than last year’s high, BTC continues to gain a lot of traction. Last year the country of El Salvador, became the first country to declare BTC as legal tender; And just this April, Central African Republic, followed suit. According to a report by Deloitte, 85% of merchants say crypto payments will be a norm by 2026. As countries begin to legalize BTC, merchants should continue to adopt crypto payments.
However, please do your research and be careful. Remember, it is still an investment, and with all investments there is always a risk of losing out. In the United States, you may even have to pay taxes on any earnings. Yes, cryptocurrencies are a fairly new and innovative way of conducting transactions. While some people may have doubts because of their volatility, one thing is becoming certainly clear.
This technology is here to stay!
One company that has been taking advantage of the Bitcoin and Crypto trend is SFI (Strong Future International). For almost six years now, they have not only taught me how to make money online; But they have also taught me how to grow and mentor my own team of affiliates, for successful online growth. I am now happy to announce that I have partnered with SFI, to be able bring to you: 1000 FREE Bitcoin Sats when you join my SFI team (plus the opportunity to earn thousands more free every week)! Even better, you can get started with no cost and never any obligation.