Bitcoin increased demand in the center of the currency inflation over weak background

Bitcoin increased demand in the center of the currency inflation over weak background

Currently bitcoin in worldwide demand growth, mainly due to the large background of hyperinflation, excessive weakness in the center and the currency, bitcoin as a light in the darkness, attracting the attention of the world.

In the past 12 months, with the increasing demand for bitcoin, bitcoins in today’s global economy plays a very important role.

India: November 2016, the India government announced the abolition of 500 rupees and 1000 rupees notes two notes: the biggest, the purpose of this initiative is to prevent money laundering.

One event is the result of the waste, the people of India soared to alternative asset demand, increase the demand for bitcoin. In addition, in the waste note after just a few days, according to Google search volume statistics, buy bitcoin “suddenly increased by 20-30%.

– China: Chinese bitcoin demand is also increasing in. At the end of 2016, in order to prevent the continued depreciation of the RMB, China government restrictions on gold imports, this event so that bitcoin gained more attention.

Venezuela: given the strong Bolivar (bolivarfuerte, Venezuela’s national currency) inflation, the local people have begun to consider other options to buy. Venezuela’s Bolivar every day in the fall, more and more people begin to use bitcoins to buy drugs like commodities, bitcoin daily increase of demand.

The above facts up bitcoin recently jumped together, analysts summed up such a message: with the gradual increase in demand for bitcoin, bitcoin is steadily moving towards the world currency Road, may soon become the mainstream.

Blockchain.info co-founder and chief executive of NicolasCary ACQURE, a business consulting firm and investor CEO DavidMotta accepted the reporter’s interview.

Cary said to have a range of things generally very slow, although now it is in the early stages of bitcoin innovation, but can already foresee this technology can bring much of the global personal and industry.

He told reporters: “one of the last 12 months, bitcoin from turmoil we have defined in the jump, growth to mature stage, become a feasible investment assets, we have seen many beneficial attempts at personal level.”

Motta also said that although the currency will still exist in the future, but the government will learn some digital currency application as a new way of transaction.

Motta said: “the government must lose is completely in control of money, I think, as the public will eventually be forced to accept the same encryption currency will eventually have to be encrypted, government money as a new innovation, each country has to do so.”

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