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A Chinese media outlet, PANews recently carried out a survey in which it evaluated the responses of 4,200 people. The survey was regarding their inclination towards crypto assets and was routed through a crypto-friendly media outlet 8BTC.
Following the survey, it concludes that 98.22% of those surveyed were aware of cryptocurrency technology. Among the respondents, 40% have expressed that they are willing to invest in cryptocurrencies sometime in the future. Meanwhile, some of them also indicated a skeptical vibe regarding the cryptos. The survey shows that 63 percent of the population said that that there was no requirement for crypto in terms of payment.
Plus, only 22.2 percent of the individuals have heard about the concept of blockchain-powered tokens. While 14.6% of those surveyed have made a capital allocation within the crypto space.
Reportedly, the lack of infrastructure in China might be the reason behind the skepticism regarding crypto. Chinese consumers seem hesitant to step into the crypto market perhaps due to the rise of China’s social credit system, which punishes those for breaking laws, however civil or criminal. Also, the majority Chinese respondent didn’t consider cryptocurrencies as a viable medium of payment.
Interestingly, most of the crypto buyers were in the 19-28 age range, who were investing anywhere between 10,000 to 100,000 yuan. Notably, the Chinese government recently published its latest ranking of cryptocurrencies. In the ranking, Bitcoin positioned at 18th place and EOS at the top. Ethereum holds the second place, being the third largest cryptocurrency.
Back in November, former United States Congressman, Ron Paul conducted a survey on Twitter, in which 94,894 votes were counted favoring Bitcoin over more traditional forms of money. One more survey occurred in Germany that unveiled that over-one third of big German businesses consider blockchain as revolutionary as the internet. The Chinese government has recently become stricter against the crypto space, increasing scrutiny over this technology. On this, a Hong Kong-based trader, Charles stated that while the government’s step to ban crypto-related social media channels and physical events may sound harsh, especially considering free speech rights, in reality, China remains one of the world’s most liquid OTC-based cryptocurrency markets.
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Crypto market has interested many investors looking at the returns. However, it is an extremely volatile and uncertain industry. To avail its benefits while avoiding hacks and frauds, clarity and regulations are a must.
Late last year, South Korea intended to impose a ban on cryptocurrency operations. But, now the country is taking active steps to regulate the crypto space. Recently, South Korea’s top financial regulator has shared information regarding six cryptocurrency-related bills that have been submitted to the National Assembly. Reportedly, the recent bill is designed to protect the rights of crypto owners and to provide safety and reliability of crypto transactions.
A spokesperson for the regulator stated, “There are six proposals made by the National Assembly members … [however] there is no crypto-related bill submitted by the FSC to the National Assembly.” The bill has different proposals for crypto regulation, all of them are addressing user protection clauses such as damage compensation, prohibition of money laundering and market manipulation, use of nonpublic information, and disclosure requirements.
As of now, no follow-up measures have been announced. The first bill is an amendment to the Electronic Financial Transactions Act which was introduced in July last year. The bill recommends definitions for the virtual currency, and all the terms related to it. The bill also proposes a few steps to protect crypto users including restricting transaction methods.
The next two bills state that it is required to have approval from the Financial Services Commission for a virtual currency entity. The other bill proposes to regulate cryptocurrency transactions, and also seeks the FSC registration of those involved in the transactions.
Further, the fourth bill is the Act on the Reporting and Utilization of Specified Financial Transaction Information. The sixth bill is called the Digital Asset Trade Promotion Act. The bill states, “The purpose of this law is to protect the rights of digital asset owners and to ensure the safety and reliability of digital asset transactions and to contribute to the development of the national economy by stipulating matters concerning the transactions of digital assets.
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What is blockchain technology? Since blockchain technology was conceived in 2008, it has slowly but surely evolved into something much more complicated. For many people, perhaps yourself included, the big question is what blockchain exactly is. It’s easy to assume that blockchain innovation and Bitcoin are synonymous with each other.
However, it’s important to understand that Bitcoin is a digital currency that is part of a much larger system. The advantage of this innovation is that you don’t need to know how it works to utilize it. However, having a broad understanding of blockchain innovation will help you to understand why it is widely thought of as revolutionary. This thorough blockchain technology guide describes what blockchain technology is and how it came to be. Check out on for more information about blockchain innovation.
Blockchain innovation existed as a computer system science idea long before it found its way into the world of cryptocurrency. The concepts of information structures and cryptography form the basis for this technology. The earliest kind of blockchain was the hash tree which is likewise referred to as the Merkle Tree. The data structure run by confirming and managing information in between different computer system systems. In a typical peer-to-peer computer network, establishing data was crucial to ensure that absolutely nothing was changed during the transfer. Information verification and recognition also made sure that incorrect data wasn’t sent over the network.
The Merkle tree became the basis for “guaranteed chain of blocks” in the early 1990s. That led to the production of the very first blockchain. In 2008, Satoshi Nakamoto conceptualized the idea of a dispersed blockchain. The brand-new blockchain would be managed autonomously with no central authority. The blockchain would likewise contain a protected history of all exchanges, validate each transaction, and also utilize a peer-to-peer network to time stamp each exchange.
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Mizuho is launching its new stablecoin pegged to the Japanese Yen in 1:1 ration that will promote the spread of cashless digital systems in the country.
Japan’s second-largest banking institution Mizuho bank is currently preparing the infrastructure to launch its stablecoin by March 2019, reports Asian Nikkei Review. The report suggests that the stablecoin will be pegged to the Japanese Yen. Furthermore, the stablecoin will also facilitate making cashless payments with no-fee transfers among its users.
The stablecoin aims at improving services for low-cost cross-border transfers and remittances. Mizuho’s digital currency service will provide direct competition to Japan’s local credit card companies. This will further help to promote more digital payments in the country while moving towards a cashless society.
Mizuho is also talking to 60 other regional banks to collaborate and support the liquidity for the stablecoin. Earlier in 2017, Mizuho Group chairman Yasuhiro Sato initially termed this as the “J-Coin” project. This project started by Mizuho bank included other regional banks, Japan post bank, and other Japanese “megabanks”. If things go as per the plans, this project will see the first instance of stablecoin mass adoption by banks, financial corporations, and retail users.
Cashless Payments to be Made Possible Using Simple QR Codes
Ahead of the 2020 Tokyo Olympics, Japan is planning to spearhead its cashless economy. In this regard, the Japanese government has introduced subsidies and tax breaks to encourage businesses to accept online payments.
The purported J-Coin project involving Mizuho’s stablecoin will have a simple QR code at vendor outlets to make cashless payments. The QR code could also be easily accessed through a dedicated smartphone application supporting the stablecoin. The Mizuho stablecoin will be pegged to the Japanese Yen in 1:1 ratio.
In addition to the Mizuho Bank, the Mitsubishi UFJ Financial Group also launched its MUFG stablecoin in April 2018. The financial group plans the nation-wide rollout of the MUFG stablecoin by 2020.
In future, the Mizuho stablecoin can also be used to give salary payments to the bank’s employees. It will also team up with China’s huge online payment platform Alipay which allows payments using QR codes. This will also allow foreigners to easily make payments in Japan.
During his interview with The Yomiuri Shimbun, Mizuho Financial Group President Tatsufumi Sakai said:
“The business of financial settlements has become more important and is expected to continue to grow. So we have to take a serious approach.”
The president also said that it will leverage the data from new payment services for its future businesses. Mizuho is currently pursuing cross-industry alliances with several other IT companies.
“We’ll do business with other companies if we have the opportunity. Timing and speed are very important. There is a limit to how much we as a financial institution can develop just through our conventional businesses. We’re focusing on new technology,” Sakai said.
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Given that the next generation of investors will come of age having been immersed in the digital world from infancy, many Crypto advocates believe that bitcoin or another cryptocurrency asset could one day function as “digital gold,” providing people with an easy-to-access hedge against market uncertainty and central banking malfeasance.
Gold Sees Resurgence as Crypto, Stocks Falter
But though bitcoin — this year’s crash notwithstanding — ranks as one of the top performing assets of the past several years, it remains firmly in the price discovery phase and consequently serves primarily as a speculative financial instrument rather than a true store of value.
Bitcoin (blue) has provided long-term hodlers with astronomical returns over the past half-decade, but it has also been wildly volatile relative to gold (red), as demonstrated by its performance in 2018.
Today’s investors, much like their ancestors, still turn to gold and other precious metals when faced with economic uncertainty. Google search data reveals that this remains the case, even as a growing cohort of investors signal that bitcoin is their asset of choice for long-term hodling.
Both Google searches for “gold” and the gold price itself have increased throughout the fourth quarter amid mounting concern over the near-term direction of the stock market following a prolonged bull run that may be finally running out of steam. Stocks made a historic recovery on Wednesday, but futures slipped after the market close, suggesting that investors haven’t seen the last of the downturn yet.
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The United States-based cryptocurrency exchange Kraken has added Bitcoin Cash and Ripple to its margin trading services. Margin trading function allows the users to trade with the funds which they do not actually possess. Margin trading leverage the users’ accounts. It can not only lead to greater profits but also can amplify losses.
The exchange is already offering margin trading services to six cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Monero (XMR), Augur (REP), and Tether (USDT). After adding Bitcoin Cash (BCH) and Ripple (XRP) the service will be available for total eight cryptocurrencies. According to the exchange,
The borrowing limit will depend on the verification level of the account. Yesterday the exchange posted a blog on its website regarding the details of the new launch. According to the blog, for different currency pairs, the available leverage amount is different. You can check the details in the blog. Margins open fee is 0.02% while rollover fee is 0.02% / 4 hours.
In the blog, the exchange also warned its users about the danger of high-risk margin trading. According to the exchange, if unrealized losses are huge, the margin positions can be forcibly closed to protect the funds which users have borrowed to open the positions. It means the users can be forced to take a large loss on trade rather than waiting for a much favorable price. The exchange recommended maintaining a healthy account balance to back margins.
The exchange also requested the users to take time to fully understand the margin trading and how it works so that the users can know about the risk involved with margin trading. The users can also clear their doubts via Kraken’s knowledge base or support center.
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Although cryptocurrency has lost 85 percent of its market value this year, the number of investors and traders have been on rise. While Bitcoin (BTC), reached its all-time high at the end of last year, the other top coins such as Ripple (XRP) and Ethereum( ETH) also experienced their all-time highs at the start of this year. And as we talk about the worldwide cryptocurrency adoption, one of the most untapped places in the whole world is Africa. The blockchain experts in Nigeria have demanded crypto regulation in Africa to strengthen the market and boost the economy. Experts believe that the crypto sector in Africa needs ruling guidance for the betterment of the society.
The whole crypto market has shedded almost 85 percent with Bitcoin losing 83 percent of its total value. Other coins also lost over ninety percent of their value. However, these facts are not enough to determine the development of the crypto market. For instance, a study report published by the Cambridge Centre for Alternative Finance declares that in spite of the terrible bear market this year, the onboarding of new traders and the crypto adoption has increased worldwide.
Blockchain Experts of Nigeria at the Meet
Some of the most qualified crypto experts in Africa gathered at the recent Luno Meet titled ‘Building Trust in the Nigerian Cryptocurrency Market’. This meet was held in Nigeria. During the meet, they discussed the best way forward for the blockchain industry in Nigeria and all over the continent.
Lucky Uwakwe, the COO (Chief Operating Officer) of Blockchain Solutions Ltd.,said crypto is on on all time rise worldwide. Currently, 65 percent of people in Nigeria are aware of crypto.
Uwakwe said that 25 percent of people as per the study currently possess crypto in some or other form. He further added 51 percent of people considered crypto as an investment and sixteen percent used it for online shopping. Whereas, nineteen percent used crypto for payments.
However, the stats and study looked a bit fabricated. The major issue that Lucky was trying to highlight is that cryptocurrency and its adoption is on the rise. And that said Nigeria needs to accelerate or it will be left far behind in the race.
Making Africa Crypto Friendly
Owenize Odia, a Nigerian blockchain expert, and the Country Manager during the Luno Meet discussed that how legislation is an important issue. It can aid in strengthening trust in the African and Nigerian crypto industries.
He also discussed the other aspects of cryptocurrency adoption and explained how decentralization can drive the Nigerian economy.
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Intercontinental Exchange, parent of the New York Stock Exchange, could soon be launching the first futures contract to be paid in cryptocurrency.
According to a report published by Wall Street Journal (via Bitcoinist) on Thursday, the BTC contract will be produced by the Intercontinental Exchange-backed Bakkt, which is currently working with the United States Commodity Futures Trading Commission to ensure the contract complies with official standards.
The plan had previously been postponed to 2019, with the last date set being January 24. Yet, still, the approval process has been slow-moving, meaning the contract will likely be delayed again while the company goes through its security procedures and protection against cybercrime.
An internal source told Coindesk that the delay might not be huge, however, stating that it would still be “plausible” to release the contract on 30 January.
For the contract to be approved, the CFTC needs to issue an exemption that will enable Bakkt to custody bitcoin for its customers in its own “warehouse,” sources familiar with discussions around the plan told Coindesk.
While there’s always a possibility the contract will not be approved by the CFTC, reports on the outcome are generally optimistic. The exemption request was passed over to the Commission on Friday, where it will stay while board members vote as to whether or not to open it up for public discussion. If that happens, public comments would be collected after 30 days and reviewed by Commission staff before deciding whether or not to grant the exemption.
Nasdaq is also looking to begin offering Bitcoin futures next year. The exchange partnered with VanEck in November, with a view to launching a “regulated crypto 2.0 futures-type contract” to its clients in 2019, reported CNBC
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WhatsApp is zeroing in on India to test a way into the cryptocurrency market…
Developments continues behind the mysterious closed doors of Facebook over a possibly cryptocurrency for the social media giant. However, one of Facebook’s companies – WhatsApp – may be bearing the first fruits of said work.
It’s now been revealed that WhatsApp is looking to introduce a new digital payments system – a posh way of saying cryptocurrency – that’s initially going to be focused on India. The aim of the currency will be to process transactions, in effect legitimizing such transactions that are already taking place to some degree on the service.
The attraction of India is that WhatsApp enjoys a very heavy userbase in the country. Furthermore, it’s also a nation that attracts a lot of digital financial transactions. It’s estimated, as per a report at Bloomberg, that people sent nearly $70bn to friends and relatives living in India, from elsewhere in the world. WhatsApp – and Facebook – want a piece of that.
The aim will then be to roll the work out into other markets that are developing, but for India to be the testing ground for the work. This all follows months of speculation after Facebook went on a blockchain staff hiring spree earlier in the year. The company is now believed to have a blockchain development team number just shy of 50 people.
Facebook hasn’t made an official announcement as to what it’s up to just yet, but the wise money is now edging towards a release for the service in 2019. We’ll keep you posted.
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Coinbase, one of the world’s largest and most widely used cryptocurrency exchanges, has made a transfer of over USD 5 billion in cryptocurrency, an amount believed to be the largest in the industry’s history.
Reports indicate that 15 million Litecoin (LTC), 8.3 million Ether (ETH), and 870,000 Bitcoin (BTC) were transferred, eclipsing what was said to be the world’s previous largest transfer of BTC 500,000 in May 2015.
The reason for the transfer was a relatively simple one, with the exchange moving its funds in cold storage to an even more secure cold storage system.
Cold storage is reputedly the safest way of storing cryptocurrency today, particularly for major high-profile investors. Typically, smaller investors continue to store their funds in offline wallets or paper wallets with access to a public and private key. Safeguarding funds has become of paramount concern after major hacking events around the globe since cryptocurrency began to gain prominence as a challenge to fiat currencies.
Hackings have seen more than USD 2 billion either stolen or mislaid. Security is the main issue with hot wallet storage which is why exchanges such as Coinbase keep the majority of their funds in cold storage with a tiny percentage in hot wallets for instant withdrawal; the Coinbase cold to hot wallet ratio is 98:2.
Coinbase maintains that the latest fourth-generation protocol is achieved by starting from a random location with two brand new laptops that have had their Wifi card and storage drives removed to a shielded power supply. Then randomly, one of the two laptops generate the private keys and Linux is booted up on the chosen laptop via a USB drive.
The private keys are generated and divided into several fragments using Shamir’s secret sharing, a method of splitting private keys that enables the full keys to be reconstructed even if some of the parts are lost. The keys are then saved as QR codes, printed, securely faulted, and subsequently, the laptops used are destroyed. Finally, the key holders are geographically dispersed until their identities are verified during the key signing protocol.
Coinbase has recently suggested it is considering adding 300 different coins to its exchange, including Ripple, but has not indicated which coins as yet, encouraging speculation that the long-awaited Ripple addition is about to ha
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A columnist from Bloomberg delved into the not-so-noticeable limbo-state of Wall Street giants in regards to cryptocurrency investments as a result of what seems to be a rout in 2018. Captioned “Goldman Sachs, Morgan Stanley and many more built it. But they didn’t come”, the column went on to highlight the simplicity of the stall by Wall Street giants towards their premature acceptance of cryptocurrencies due to the earlier 2017/2018 Bitcoin bull run.
The article describes the current stance of these institutions as “limbo”. Actions that were made by these financial giants on Wall Street who were willing to explore the business potentials of the crypto frenzy, Bitcoin especially, are now static for most while only a few are still developing trading infrastructures.
These Wall Street market makers’ interest in Bitcoin was seen as a sign that heralded mainstream crypto adoption at least for traditional and sophisticated investors. However, CEO of New York-based SolidX Partners Daniel H Gallancy has said that “the market had unrealistic expectations that Goldman or any of its peers could suddenly start a Bitcoin trading business”, adding that it “was top-of-the-market-hype thinking”.
According to the article, people close to the crypto developments within Goldman Sachs reportedly stated that “progress has been so slow as to be barely noticeable”, though a full year has gone by since all the hype reached its full peak. The source further reports that many in the industry now think it was “quixotic to have expected last year’s frenzy to translate into a Wall Street crypto offering”.
Although Goldman seemed to draw more attention as it was among the first to clear Bitcoin futures and its aligned sentiments with the prospects of cryptocurrency has been well known in the industry, still, the long-awaited developments are yet to bear fruit as some would expect.
The bank has yet to offer trading of crypto services and has gained little traction for its NDF product, having signed up just 20 clients, despite efforts towards investing in custodian BitGo Holdings In. that was supposed to be its custody service arm.
Justin Schmidt, an executive with the firm blamed the current stalemate on regulators position on crypto assets.
Other financial groups that were discussed included Morgan Stanley, which seemly had a good thing going when they hired alleged crypto expert Andrew Peel. They later announced in September that they were ready to offer swaps tracking Bitcoin futures but have since then not traded a single contract, according to a person familiar with the matter, reports Bloomberg.
Citigroup and Barclays have been drawn into similar conclusions of silence, with two employees of Barclays, Chris Tyrer and Matthieu Jobbe Duval, who headed the digital asset project leaving the project. Barclays currently has no plans for a crypto trading desk, and Citigroup Inc has not traded any of the products it designed for cryptocurrencies within existing regulatory structures, the source said.
However, sentiments about the move of institutional investments into crypto in 2019 are still strong and most are simply waiting for regulatory clarity before joining the wagon. Meanwhile, “proper foundations” as a result of the bear market trends are considered to be an appropriate response from many institutions in order to avoid building “infrastructure without adequate testing for fear of missing out on a gold rush” suggests Eugene Ng, a former Deutsche Bank AG trader in Singapore.
For more latest news update Cryptocurrency training Crypto trading signals & automated trading software join below given telegram channelhttps://play.google.com/store/apps/details?id=com.freecryptosignals.app Join- https://t.me/btctradingclubJoin- https://t.me/freebitmexsignalsThe effect the shutdown will have on cryptocurrencies, if any, is uncertain.Cryptocurrencies, like Bitcoin, are extra-governmental. This means that they are beyond the power of governments. While they may be banned, regulated, or otherwise monitored by national governments and the laws that they pass, true cryptocurrencies are owned by the people who use them. When the government shuts down, cryptocurrencies are not directly affected.Fake News About Direct Effects by CCNSome cryptocurrency news sites, including CCN, have reported that the forthcoming crypto trading platform Bakkt may not receive approval from the U.S. Commodity Futures Trading Commission (CFTC) to launch on January 24 as scheduled.This may very well be true. During the shutdown, a limited number of CFTC workers will be forced to continue working without pay (though they may be paid at some later time when the government reopens). With the limited number of employees, it is possible that the agency will focus on more important issues than approving Bakkt for release.Calling this possible postponement a direct effect on cryptocurrency is not only an over-exaggeration, but it is also fake news.First, Bakkt is not a cryptocurrency. It is a cryptocurrency trading platform. Thus, its postponed release is indirectly connected to cryptocurrency. Second, the effects of its release or postponement on cryptocurrency, if any at all, are undetermined. After all, there are many other cryptocurrency platforms that are functioning without approval from the U.S. government right now — and they have been unaffected by the government shutdown.Indirect Effects?Indirect effects, however, are much harder to determine. This is the third time the U.S. government has shutdown this year and the price fluctuations of Bitcoin and other cryptocurrencies during the first and third are inversely related while the second shutdown was too short for any conclusions to be drawn.The January ShutdownThe first shutdown began at midnight on January 20 and ended 60 hours later. During this period, Bitcoin suffered overall losses opening at $12,283 on the Bitfinex exchange at 12:00 A.M. on January 20 and opened at $10,462 at noon on January 22 when the government reopened.But there is no way to correlate the shutdown with these losses. After all, the shutdown also began the first day Donald Trump took the presidency, which may have impacted the cryptocurrency market indirectly. Furthermore, this loss marked the beginning of steady losses seen over the last year following the cryptocurrency boon of late 2017 and early 2018.The Current ShutdownTo make things more difficult, Bitcoin and other cryptocurrencies have been increasing in value the past week. On December 22, BTC opened at $3,882.80 at 12:00 A.M. EST on Bitfinex, when the government officially shut down. At 10:00 P.M. on December 23, it opened at $4,311.60.But overall increases in value did not begin at midnight on December 22. They began several days prior. Correlating these gains to the current government shutdown is, thus, not possible nor even reasonable.The Overnight Shutdown in FebruaryFurthermore, the second shutdown occurred during a single night in February. Changes in overall cryptocurrency prices on that night and subsequent days may be correlated to the shutdown, but there’s no way to know for certain.It is all just speculation at this point. There is not enough data to generate a causal link between government shutdowns and the price of cryptocurrencies, or any other factors for the matter.ConclusionIn short, while some cryptocurrency news sites are making claims about direct effects, they are stretching the truth beyond what is reasonable, or even ethical. They are presenting possible indirect effects based on speculation as something other than what they really are.The simple truth is that we do not know exactly what effect a government shutdown has on cryptocurrency. During the January shutdown, prices fell. Since this shutdown began, prices have risen. And the shutdown in February was too brief to help us draw any conclusions.Perhaps when the government reopens, there will be more data available to help us understand the effects of U.S. government shutdowns on cryptocurrency and its price fluctuations. But until then, it is all just speculation, no matter what the other news outlets want to tell you.
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Are you looking for a last minute Christmas gift? Bitcoin (BTC) may be your best option. Here are a few reasons why:
Increasing Familiarity With Crypto
Even though Bitcoin’s genesis block was released nearly a decade ago and hundreds of other digital currencies have been developed since then, many people still have no idea what cryptocurrency is.
By gifting Bitcoin to family and friends, the ability for a conversation about Bitcoin and cryptocurrency emerges. Maybe a few of the people sitting around the Christmas tree already know a little bit about cryptocurrency, but there is bound to be quite a few who know absolutely nothing. Someone is bound to ask, “Hey, what is this Bitcoin thing?”
And there is the perfect opportunity to start a conversation about crypto. Now everyone sitting around the tree will learn have an opportunity to learn a bit about how cryptocurrencies work and how they could be used in the future. There will be no need to scour through websites filled with jargon written by some expert who does not even seem to know how to communicate with normal people.
Enables Use of Crypto by New Users
Beyond familiarity, gifting Bitcoin also enables use by new users. Uncle Pete or Grandpa Joe may have heard about Bitcoin. They may have even wanted to buy some for themselves.
The problem: they didn’t know how, and there was no one there to help them figure it out.
Well, now that problem is solved. By gifting Bitcoin and teaching family and friends how to use it creates new users which are exceptionally important for social integration and adoption.
Aiding Social Integration
Social integration of cryptocurrency will occur when cryptocurrencies like Bitcoin become a normal part of daily life. Once the general public starts using Bitcoin on a regular basis, Bitcoin will have attained social integration.
To do this requires increasing familiarity and enabling use by new users. Once these two things happen, we make one small step forward toward the creation of a world in which crypto becomes a normal part of society.
Christmas proves a perfect opportunity to help accelerate social integration. If every crypto fanatic gifted Bitcoin to just one person, the movement toward social integration would speed up exponentially.
Bitcoin (BTC)
A Gift that Increases in Value
Your ugly Christmas sweater may get worn once if that. It’s probably going to be stuffed in the back of the closet and forgotten. And those gift cards? Well, after they are spent, they are sure to be forgotten.
But Bitcoin may increase in value, and this is one of the best times to buy. After the 2018 cryptocurrency market crash, BTC is now over $4,000, and many analysts are expecting future rises in value.
Be the Best Gift-Giver
Put those siblings to shame and get Mom and Dad a gift that shows you really care. Give the gift of Bitcoin.
The very uniqueness of this gift is enough but once Dad learns that the gift he has received may increase by hundreds or even thousands of dollars in the weeks, months, and years to come, a smile is sure to cross his face. Those gift cards and ugly Christmas sweaters will be all but forgotten.
