In the early part of the decade bitcoin and a similar breed of cryptocurrencies where developed many high educated individuals dismissed them as a fad. digital money was seen as a w
ay to purchase illicit items.
After a decade of being introduced, we now see its permanence with the sale of luxury items for bitcoins. with an increase in value for the bitcoin, more industries are using it; including Microsoft and Paypal. a market with a new niche for bitcoins is the investing art industry.
accepting bitcoins as a method of payment is the future of businesses, one financial professional goes on to say that a piece of art is similar to bitcoin, where some are buying goods with bitcoin others are just holdingit as an asset example gold. accepting cryptocurrency is a new way to increase the client base, introducing more possibilities, for example a speedy transaction and lower fees compared to that of credit cards. deregulation and decentralization are bitcoins central characteristics and give it
a libertarian appeal, which makes it an exciting way to get involved in all sorts of trade.