Category Finance

Reasons why Bitcoin can fall like ninepins!

If few Tweets can make fall and bounce back the cryptocurrency, then we must think thrice before investing in it. Yes, I am a Bitcoin skeptic. And one of the strongest pro-Bitcoin arguments I heard was, cryptocurrencies are easy to use, an argument that I clearly don’t buy. The rationale here is that in normal money transactions between two people are never really between two people. There is always a third party involved. And that third party is your bank, the government, the central banks, the whole financial system that exists to certify this transaction valid. It’s like when two people get married, there’s a priest to validate the marriage.