High chances you have been filled with a lot of tales, half-truths, and lies about Bitcoin, and that’s why you are reading this article—to get the true picture of things. If so, then you have done the right thing. Let’s get right into correcting the wrong impressions that have been made to nurse or believe all these years.
Cryptocurrency is just a means of trading (just like fiat money), but this time without the control of banks or government agencies.
While it sounds quite like a simple and exciting change than the norm, many aren’t quite enthusiastic about it. The ease of the process further makes it hard to believe. For instance, you can buy bitcoin with credit card and, after that, trade with bitcoin.
However, no major change has been met without some form of resistance or outright rejection. From the invention of refrigerators and planes to electricity and even cars, experts have always argued how bad each new invention was for a man until time and experience proved them wrong.
A publication from the popular Newsweek article in 1995 has this to say about new technological development:
“No online database will replace your daily newspaper; no CD-ROM can take the place of a competent teacher and no computer network will change the way the government works”. But how are things today?
This just goes to show that change is constant and will take…