Top 5 Reasons that Bitcoin is Here to Stay

Fintech Investing

Visual Capitalist has published an infographic outlining the top five reasons to be keen on bitcoin.

Visual Capitalist has published an infographic outlining the top five reasons to be keen on bitcoin.
According to the infographic, the top reasons to be bullish on bitcoin are:

  1. Venture capitalists continue to invest in Bitcoin. In 2015, $1 billion was invested in startups focusing on the technology, a 300% increase.

  2. Daily transaction volume and users continue to increase. There are 10,000 new users every day.

  3. Bitcoin has been declared dead by media 72 times, and it has survived 48 scandals. Resilience is key.

  4. Blockchain technology has been proposed for use in 90+ different purposes, ranging from networks of ownerless, self-driving cars to financial derivatives. By the way, the big banks announced even they are using blockchain technology for payments.

  5. There are now 29 bitcoin-friendly nations.

Click here to see the full infographic from Visual Capitalist.

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