Right in the course of the global economic flux and financial catastrophe the investors are becoming pretty much aware of the Bitcoin and benefits and advantages over the traditional forms of the assets and money. Even though several investors were still guarded of the Bitcoin’s fluctuating worth, and there are five major characteristics of the Bitcoin that the investors and the people must be known.
Increasing Worth Based on the Market Demand. The worth of the Bitcoin is exclusively based right into the market’s demand for the digital currency. And it is not quite affected by the government’s regulation or their operations, dissimilar with the fiat money or assets that are facilitated by the government. The worth of the Bitcoin goes up and down depending right into the level of the demand for the Bitcoin during a particular duration period. However, there is an existing circuitous parallel right between the Bitcoin’s worth and also the economic instability. At any moment that the government has decided to enter a state of financial and also the economic instability and as well as imposes heavy restrictions right into the money transmission, the users and also the investor's fright and panic to purchase the Bitcoin to be able to be certain that their wealth will remain secured. And if this incident takes place, the value of the Bitcoin inclined as well and the demand for the digital currencies ascends. The investors can fully take advantage of the global market instability and grow the regulations on the cash by apportioning a capital right into the Bitcoin.
Decentralized Environment. The Bitcoin is quite decentralized in nature. And the digital currency is not being facilitated or yet maneuvered by a centralized entity. Therefore, with the non-custodial wallets and exchanges, and there are no individuals or third parties can be able to attain control right of the users’ funds or the Bitcoin. There are times that the investors experienced a hard time to be able to make use of their existing assets or even their money for the reason of the low liquidity. Right in the numbers of cases, this fully derives right from an excessive level of control illustrated by the centralized entity that was being responsible enough for securing the assets of the users and the investors. And if an entity chooses to freeze or even hold the investor assets upon the demand of the law enforcement or the government, the investor will not be able to withdraw or even liquidate their assets. The Bitcoin thwarts the inevitable circumstances as with the non-custodial wallet, the investors can be able enough to own a Bitcoin without having to deal right with the third-party service providers. They can also generate paper wallets or cold storage to be able to save the Bitcoin offline to be sure enough that the wallet platforms or the online service providers will not be able to gain access to their Bitcoin.
It’s Transportability. The Bitcoin is the only asset, currency, and even store of value in the entire world these days in which the investors can fully settle right across the border payments with effortlessness. And the other forms of currencies or assets in particularly with the gold in which is long-considered to be the global safe haven asset makes inefficient stores of value as they entail the company of the third-party service providers or even a particular infrastructure to transport. More notably, there are quite a number of countries that are currently having strict regulations and restrictions right into the trading and transportation of the physical assets pertaining to gold. Consequently, the governments and the authorities can simply seize or confiscate the assets similar to gold while the Bitcoin cannot be controlled by a centralized entity. And also the costs of fees for the Bitcoin transactions are independent and are not being based on a number of transactions, in which means that whatever the amount an investor wished to send to a recipient can be easily settled together with the average cost of fee of $0.11.; and these fee applies to any transaction in regards of any size, in spite of the amount of the money that it being dealt within the transaction.
The Lesser Instability. The merchants and the investors frequently express their concerns towards the Bitcoin’s high volatility. Conversely, right over the past year, the instability rate of the Bitcoin has significantly lessened and becoming less volatile than the reserve currencies in which include the Pound Sterling. The declining instability rate of the Bitcoin makes it more and more feasible as a global currency, store of value and also an investment. More outstandingly the worth of the Bitcoin has kept on upholding rising trend for almost over six months as an escalating quantity of individuals and businesses embark on to fully recognize the Bitcoin as a security against the economic instability. For a case in point, the Bitcoin trading and the demand right in the countries in particularly India and China have surges right over the past three months due to the fact that the heavy capital controls and the financial regulations that are imposed by the local authorities arises.High Level of Liquidity. The Bitcoin has extensively high liquidity right in the regions and the countries with well-established Bitcoin infrastructure and regulations. The countries pertaining with the South Korea, Taiwan, and Switzerland showcases a higher liquidity than the most assets and every now and then, even the credit cards due to the presence of the startups that make possible accessible locations such as convenience stores to smooth the progress of fiat-to-Bitcoin trading. And for the high profile traders, several exchanges allocates trades of up to the summation of over $100,000 per day and the daily trading limits of the exchanges in vastly regulated countries such as United States of America and South Korea are much elevated. At the same time, the investors have to deal with the extensive KYC policies and regulations, and the traditional assets and the bank systems demand even further complex KYC/AML requirements.