Bitcoin is continuing to find its way into many sectors including tourism, online shopping, hotels and restaurants, supply chain, online casinos, and charity. There is also a growing dire need for Bitcoin in banks.
The coming of Bitcoin (BTC) and other cryptocurrencies has totally changed the game of payments. More governments and payment service providers have now appreciated the need for digital currencies in the payment sector. Benefits of cryptocurrencies include cheap transaction fees, privacy, fast, transparent and secure money transfers.
As many countries are competing to see who will be the first to launch an effective working central bank digital currency (CBDC), China seems to be in the lead of this game. The country has carried out several trials of its digital yuan in different parts of the country.
Ever since the use of cryptocurrencies started, men have been on the top of this game, but today, it looks as if the trend is changing. Latest research shows female trading are making big strides at trading cryptocurrency such as Bitcoin than male traders.
People tend to look up to celebrities. That is why when they set a trend for something, common folks take up the trend almost immediately. For this reason, scammers often use their popularity to look more reliable and attract potential victims.