How Bitcoin is Transforming the WorldBusiness — The Guardian Nigeria News – Nigeria and World News

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Bitcoin

Bitcoin is one of the cryptocurrencies that have changed how people send, receive, and use their funds. It’s part of the latest developments and innovations that are transforming the world. People and organizations across the globe are giving digital money their well-deserved recognition. More people are using Bitcoin and other cryptocurrencies across the world.

Since 2017, Bitcoin has recorded noticeable and consistent growth. Its global usage has increased. And this cryptocurrency is transforming the world in different ways. Here are some of the ways Bitcoin is changing the planet.

Increasing Bitcoin Adoption
The number of people that are turning to Bitcoin for daily funds transfer is increasing. And this is attributable to various reasons. Banks take days or even weeks to complete a transfer. What’s more, people pay significant fees when purchasing houses through bank transfers. Additionally, they also pay for stamp duty to own multiple records and books.

On the…



Source: Guardian Newspaper