Today people tend to avoid the mutual funds because they have lost faith in these share markets. In addition they do not want to trade with the conventional currency exchange markets because you may need to follow the timings of the exchange markets. But with the help of digital currency it is easy to trade without any restrictions. The bitcoin is the most popular digital currency in the market as of now. It is establishedalong with the blockchain technology and this is the real advantage of investing on a bitcoin.
How bitcoin can replace gold?
Bitcoin is highly considered to be the digital gold because it has been issued only with a definite number. This explains the fact that bitcoin price will be rising with progression of time. There is no way for the bitcoin price to decrease because it is similar to gold in terms of availability. With the help of the blockchain technology you will be bale to transact the bitcoin without the notice of the third parties. This is considered as a unique opportunity for the traders.
In addition the bitcoin acts as a medium of transaction. In the olden days gold has been considered as a medium of gold but today you cannot find the gold in order to transact it for any other products. So it is purelyanasset store but the bitcoin is doing both the jobs even today. Hence the bitcoin is the only choice available to the investors to choose in the market.