Bitcoin is here to stay
Bitcoin, the first decentralized digital currency in the world has created huge ripples in the field of financial transactions. Since its inception in year 2009, it has garnered attention from the highest and the lowest minds of the earth. It can be used not only as virtual currency but also as an attractive investment vehicle. The ease of transaction, no extra transaction fee by merchants and enhanced security due to encryption stake its claim as an alternate form of currency stronger. Further, it cannot be manipulated or stolen by any person, entity or organization, which makes it extremely safe and reliable form of transaction. Serial Entrepreneurs like Mark Cuban have changed their stance and have backed cryptocurrencies. Even philanthropists like Bill Gates have backed the rise of bitcoins as the alternate form of currency. Countries like United States have installed more than a 1000 bitcoin dispensing ATMs followed by Canada and United Kingdom. So, is the bitcoin just like th...