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Bitcoin Or Stocks? Heres The One To Buy In 2018

Bitcoin Or Stocks? Heres The One To Buy In 2018

Bitcoin or Stocks? Heres the One to Buy in 2018 January 01, 2018, 09:30:01 AM EDT By DividendChannel.com, BNK Invest Worried that a bursting bitcoin bubble will sideswipe stocks in 2018? Don't be. Because as I'll explain in a moment, the hysteria over the so-called "cryptocurrency" is actually good for stocks this year, no matter if bitcoin explodes for a 10,000% gain ... or flames out and crashes back to earth. I'll also show you the one surprising group of stocks poised to benefit from bitcoin in 2018, no matter what happens. First, if you're like most people and find bitcoin a complete mystery, stick with me for a minute and I'll show you how it works--and what's pumping up the bulging bitcoin bubble. I first heard about bitcoin in 2013. At the time, I thought it was interesting technology--but not an investment. Bitcoin simply decentralizes a ledger. Instead of having a central authority, such as the accounting office at a bank, settle all accounts and make sure money goes to the people it's supposed to, that's all done on a decentralized ledger that's distributed among every bitcoin in existence. That's where the term "blockchain" comes from: each transaction is a "block" that is "chained" together on that massive, decentralized leger. The biggest benefit? Bitcoin provides an anonymous transfer of money. Theoretically, the ID of every bitcoin is not tied to a particular person, which makes it the perfect currency for transmitting money privately. The truth is, bitcoin is actually the least private currency in existence! That's because you can look up every transaction on that very public ledger. And since all the major cryptocurrency exchanges must get proof of identification from people before they buy a bitcoin, the currency's anonymity is now a mirage. Oh, and Continue reading >>

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