89.6 F
Friday, October 15, 2021

Why you should consider getting Bitcoin

Latest headlines

Cozumel’s cruise industry bounces back in a big way

Quintana Roo has come to depend on a steady stream of cruise-goers, to maintain jobs at businesses including restaurants, excursion operators,...

Massimo Bottura’s community dinner is fighting hunger in Refettorio Mérida

Refettorio is a cultural project designed to offer dining experiences through the transformation of surplus ingredients into nutritious and beautiful dishes.

In Europe, Mexican Indigenous organizations denounce the Mayan Train

Indigenous groups from across Mexico, including Yucatán and Quintana Roo, sailed to Europe in what they describe as an invasion of conscience.

A private paradise at your Yucatán country estate

A private country estate is all yours in Yucatán. Contact Eric Partney at Mexico International. Ideal for those...

When you look around you will realize that there are so many headlines about Bitcoin. In the past few years, there were very few people who had an idea about cryptocurrencies. However, in recent times there are so many digital coins that come into the market. The internet is known for many things and most people are still reserved about investing in virtual money. You do not want to be left behind as the world is gravitating towards the new trend of digital money. So what makes Bitcoin an investible asset and why should you dive in?

Governments all over the world are known to exploit manufacturers, entrepreneurs, and other stakeholders in the world’s economy. Some taxes are levied on various products and services and this has created a corrupt system. Fortunately, Bitcoin seems to be the perfect solution to this menace. Ideally, governments should use taxation to protect their citizens and help in the development of infrastructure. However, this is not the case as tons of selfish leaders use taxation for their selfish gains.

Bitcoin reinvents world economics

How do we grow the economy? The production sector is critical to the growth of the economy. When governments collect taxes, the manufacturers keep reinvesting the gains to make more profits. As you would imagine, more profits lead to more taxes and the cycle continues. This is why it is very easy for the poor to remain poor while the wealthy keep growing their riches. Bitcoin is a balancing act as it provides an interesting opportunity for all the players on the market and this will transform the economics of the world.

You do not need to wait for governments to print paper money as Bitcoin digital allows people to trade using virtual currency. Is this sustainable? Even with the different factors that keep the system fluctuating, Bitcoin seems to have a sustainable path, which can be predicted. It is just a matter of time before we will start seeing the issue of wealth inequality diminishing. Buying and holding Bitcoin is a great move for anyone and this levels the playing field.

This allows the users to put up a serious fight against central banks. You will be able to monitor the system and not only rely on the information that governments provide to their citizens. The world systems have proved to be corrupt and with the help of Bitcoin, we could fix this issue once and for good. It is advisable to ensure that you are caught on the right side of history when the shift happens.

The unfolding mystery of Bitcoin

Bitcoin is still a mystery to so many players around the world. There are countries that have banned the use of Bitcoin, which can create further confusion. There are so many things that are unfolding about the crypto world, and from all indicators, it is a good time to get a share of this cake. The authoritarian type of leadership is about to vanish into thin air as more people are looking for financial liberties. As Bitcoin gains traction across the globe, it will become a stable currency that allows many people to trade and own assets virtually.

Bitcoin is a major player in the cryptocurrency world and promises to offer a great shift in the money markets. Whereas there are so many unanswered questions about the same, you may want to give it a try and start investing on a small scale. This gives you the opportunity to learn while investing and not having to worry about a huge risk.

Take the time and consider getting Bitcoin in your digital wallet as you look out for various trading opportunities.

- Advertisement -
- Advertisement -

More articles

Yucatán’s bars and cantinas forge a new lobbying association

The group, which is now known as Asociación de Cantineros, is already made up of over 120 members but is yet to elect its first president. 

Progreso to host the America’s largest shipyard

Yucatán's Gov. Mauricio Vila Dosal in Trieste Italy with the executive board of the Italian company Fincantieri. Photo: Courtesy

The Dresden Codex, the great Maya book of the stars

The Dresden Codex is a Mayan book believed to be the oldest surviving book written in the Americas, dating to the 11th or 12th century.

How photographer Mike Diaz captures Yucatán’s unique environment

As Mike grew up, he dove back into nature, researching the environment, wildlife, and space. He understood the process he had to follow in order to achieve the photos he dreamed of.

Live music is back at Yucatán’s restaurants and bars

e measure was put in place over a year and a half ago along with a series of other restrictions to help against the spread of COVID-19.

Monument to the Montejo ‘covered in blood’ once again

A group of protesters staged a demonstration in front of the monument to the Montejo, vandalizing it and chanting anti-colonialistic slogans.

Camino del Mayab connects visitors with Yucatán’s remote communities

Photo: Camino del Mayab The Camino del Mayab, a network of trails that begins in Dzoyaxché, spreads out...

Parque De La Alemán — The bustling heart of one of Mérida’s original neighborhoods

The park, which measures about a full city block, features a roller skating rink, a children's playground, a large esplanade with a musical fountain, green areas, and a stage where artistic and cultural events are frequently held.

Yucatán cancels Xmatkuil fair and Hanal Pixán altars at Plaza Grande

The news comes as a disappointment for many who thought that a return to yellow on Mexico’s epidemiological traffic light system would mean more of a return to normal for public events. 

New sterilization campaign in Progreso cracks down on stray animals

The number of stray dogs and cats on the streets and beaches of Progreso has become a public health hazard, admits Mayor Julián Zacarías Curi.