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How to know if Bitcoin the next payment money

January 29, 2021January 29, 2021 AOOMS

This article hopes to empower you with relevant information about money and Bitcoin potential in the world.It is important to have a recap of the world’s monetary system because we need a basis to justify global acceptance of Bitcoin as payment money, there should be a yardstick to know if a decentralized currency is worth spending in urban and rural market; can citizens of the world (first and third) use it for day-to-day payment of goods and services? This article is going to empower you with relevant information about money…

Bitcoin: The excellent, the terror and the future

January 26, 2021January 26, 2021 AOOMS

Cheers. Here’s to something we all know, maybe most of us but mostly, here’s to something some of us most likely want to deny; “Bitcoin has come to stay” and we must raise our glasses to the doggedness of all and sundry involved in the efforts to complement and consolidate the stability, acceptance, profitability, and growth of BTC world over. In recent weeks, Bitcoin and holders have enjoyed over 8 percent increase in the prices of Bitcoin world over, justifying the decision to hold on to the digital currency and…

WAR OF CURRENCIES: Digital Currency versus Government-issued Currencies

January 24, 2021January 24, 2021 AOOMS

The advancement in technology over the years is evident and transcends all sectors, including the finance sector. How we process payments has evolved from the trade by barter method to paying via currencies. However, while using a physical bill has proven effective so far, new forms of technology have introduced a different, secure, and seamless method of payment known as a digital currency.

INFORMATIVE: Bitcoin heads for worst weekly loss in months

January 22, 2021January 22, 2021 AOOMS

Bitcoin wavered on Friday (Jan 22) and was heading toward its sharpest weekly drop since September, as worries over regulation and its frothy rally drove a pullback from recent record highs.

2,450 investors who own 1000 BTC, not willing to sell their Bitcoin

January 20, 2021January 20, 2021 AOOMS

The number of investors owning at least 1,000 BTC is growing at a record pace. Data retrieved from Glassnode show that the number of addresses holding at least 1000 BTC has skyrocketed lately.

Is Bitcoin a better store of value than Gold?

January 16, 2021January 16, 2021 AOOMS

Argentine billionaire and CEO of the e-commerce platform Mercado Libre, Marcos Galperin says bitcoin is a better store of value than gold. However, the billionaire thinks the crypto will not replace fiat currency due to what he terms the high “energy cost required to process its transfers.”

UBS warns Bitcoins and other crypto currencies could disappear.

January 16, 2021January 16, 2021 AOOMS

Analysts at Swiss firm UBS are warning investors that popular cryptocurrencies like Bitcoins could lose their allure just like Myspace and Netscape did earlier on in the social media and browser revolutions respectively.

Bitcoin Worth $1.2M Seized From India Hacker

January 15, 2021January 15, 2021 AOOMS

Indian police have seized bitcoin worth around 90 million rupees ($1.2 million) from a Bengaluru, Karnataka-based hacker who managed to breach governmental and other websites.

Betting on Bitcoin is better than investing in PayPal, Google, Facebook, Amazon

January 14, 2021January 14, 2021 AOOMS

MicroStrategy CEO has disclosed why betting with Bitcoin is much better than investing in leading technology brands. Michael Saylor, CEO of MicroStrategy, in a recent Youtube interview with Chris Jaszczynski of MMCrypto, revealed why betting with Bitcoin is much better than investing in leading technology brands.

List of Cryptos with gains of over 100% outperforming Bitcoin.

January 9, 2021January 9, 2021 AOOMS

The world’s flagship crypto, Bitcoin, is presently on a strong bullish run in regards to breaching another all-time high of $42,000 before pulling back around $40,200 as weekly gains of just 37%.