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The curious case of Personal Finance
January 28, 2021
How Long Do You Want Your Money Work for You
January 28, 2021
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What Crypto Investors Have Realized That Others Have Not

Published by Aeon Flux on January 28, 2021
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There is a reason why the more people read up on crypto, the more they believe in it and it is not a fluke.Photo by Thought Catalog on UnsplashThere is a thought that the people involved in cryptocurrencies are out of their depth and will lose their money because it is not trustworthy. That might be the feeling of someone who believes everything will remain the same as it is now, but for others, it is clear to see that there is a change about to happen. Let’s take a look at some factors that will play a part in the markets going forward.Bitcoin is becoming more standardizedIt is evident that something is happening in the Bitcoin network, and I doubt that the recent price action has passed by anyone. However, for the readers that might not be familiar with what the fuss is about bitcoin except for its volatile price, it is an electronic cash system that is built on blockchain and doesn’t need a third-party involved to transfer funds between peers. To explain it shortly, you can basically send money to another person swiftly with low transactional cost while you won’t have to wait 2–3 bank days. Instead, it is as quick as an email. Bill Gates did not call it a “Techno Tour de Force” for nothing.There are clear examples of this that people have not paid attention to, first of all, hundreds of corporations are accepting bitcoin as a payment and this includes corporations such as Microsoft, Shopify, Pizza Hut, etc. Meanwhile, large corporations such as Blackrock and Grayscale hold Bitcoin in their portfolio, and this will only grow in scale as time goes on.The banking system is not as safe as you would like to believeHow can your money not be safe in a bank…

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