What are the advantages of investing in Bitcoin?

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  • What are the advantages of investing in Bitcoin?

Bitcoin has attracted interest around the globe as it provides an additional alternative to the traditional banking system. It allows people to send and receive money easily and with much lower commission fees.

Bitcoin is also a solid addition to an investment portfolio, providing diversity with the inclusion of this new digital asset class. Investment advantages include:

  • Bitcoin can be a long-term investment: A finite amount of coins can ever be created or mined. Similar to gold, the more Bitcoin there is in circulation, the scarcer the asset, which influences the price.
  • Bitcoin is financially inclusive: Bitcoin can be used by people worldwide who may not have access to any traditional banking infrastructure. 
  • Bitcoin is fully accessible: Bitcoin is borderless and operates 24/7 all around the globe.