To My Facebook Friends who Haven't Bought Bitcoin Yet

in #bitcoin7 years ago (edited)

If you haven't bought any Bitcoin yet buy it now.

With the growing popularity of Bitcoin why haven't you bought any yet? I'll give you three reason why you should buy some right n ow regardless of price.

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The privacy of Bitcoin

Bitcoin has huge privacy compared to the modern banking system with oversight by governments, both can see any transaction made in your bank account except when you use cash to buy something. Now with the raise of a cashless world this is bad, governments can see every transaction and your amounts in your bank accounts, demanding more taxes (theft).
With Bitcoin only you have access to your Bitcoin with the exception if you store your coins on an exchange, in the case you store your Bitcoin in an exchange the exchange owns the Bitcoin so store your coin in a wallet (E.G. Copay, Bitpay, Electrum Jaxx). The only thing people can see is the address and amount of Bitcoin associated with that address, but what they can't see is the wallet the address is sent or revived to or from... In this case you are your own bank and isn't that cool!

It's Easy To Use

If you aren't using Bitcoin to invest and just want to use it to spend, it's easier to use than regular banking.
There are services out there like WireX, Cryptopay and Bitpay that you can link your wallet address to the debit card or load a Visa card with Bitcoin to spend.

Sending bitcoin to friends or a client is easy to, they give you their wallet address and you send bitcoin... Pretty simple.

Reviving Bitcoin is the same but reversed... Again pretty simple.

The Value of Bitcoin Down The Road

The value of Bitcoin has gone up 1000%, yes 1000% in just 2 years (January 1st 2017) and will only go up more as more people find out about Bitcoin, use and trade it. Bitcoin is based on supply and demand, the more people using it the higher the price and with a cap of 21,000,000 circulating Bitcoin with a current 16,476,637 as of this post, the demand for Bitcoin once we hit 21 million in the years to come with result in the price of Bitcoin to skyrocket.