As a late investor in Bitcoin, I have come to realize some benefits from investing in this cryptocurrency which includes:
1: With just your smartphone you can carry out financial services.
2: In bitcoin, you have full control of your financial assets. You have ownership to your private keys which is not always available in our normal banking.
3: As freelancer who works online, you can use bitcoin to facilitate some of your transactions.
These are three reasons why I will not hesitate to learn more about the technology in bitcoin and educate myself more on how I can invest in bitcoin as well.
Firstly, with just my smartphone I'm able to do virtually everything I need to do in terms of self-services without having to knock at the doors of any bank for over a year or two now. This I believe also opened doors for more banks to go smart in their technology thereby adopting the use of mobile banking app as an alternative to their physical banking.
Secondly, I have never personally felt so secure with my financial assets, like when I use Bitcoin because of the full control I have over my wallets. Unlike the normal banking platforms where I fear liquidation of banks thereby running away with my savings and investments or situations where they default government rules and get banned, then you have to start being worried about the safety of your finances amongst others.
Also, the fear that you do not have control over your own assets as they can be tempered with and some banks will use your money to trade in their businesses without giving you the desired interest is another angle. Other than that will also include that, with Bitcoin, which is open-sourced and can be monitored by me, I feel more safe to invest in such system since there's a quantifiable amount of security to that and as an address owner. You feel your ownership right with you.
Thirdly, I'm also a freelancer and I have got clients from different parts of the world. I have encountered with clients who requested to pay on my wallet instead of using the banks. This is because I think it is easier for them due to the forex exchanges and the difficulties in forex trade. Also, before I started using Bitcoin for international transactions, clients will pay me for a job and it will take another extra 3 to 7 days at worst cases to arrive. It was so boring and tiring for me but with my wallet, every transaction is made swiftly in just seconds and I can immediately swap it out for use.
4: As a business owner or an entrepreneur one can accept payment in Bitcoin.
5: When there is currency devaluation, one can use Bitcoin to protect their wealth even though there is risk of price volatility.
For any individual who has not invested in Bitcoin, I would advise you to give it a try. Ignorance shouldn't prevent you from investing in Bitcoin. Read, research, and gather all the knowledge you need to know about it here.
Ignorance should not stop us from learning and I also advise us to be perpetual learners, educating ourselves on the new financial breakthroughs like the cryptocurrencies and how they operate and this will help make your life better and much more easier than the way the government takes it.