Bit coin and its revolution on money market
In future, there is a strong belief that bit coins are going to rule the world. Public will accept bit coins and provide greater flexibility. They are helpful for buying goods and services online. As we are adapting to online environment. They have public ledger that is accessible for user of bit coin. Once the secret keys are lost, they are unable to retrieve. We should be more concerned than atm pin number that we use as the passwords that we set. Every account is linked by block chain. You cannot easily remove the block by changing your password or resting. This is the reason behind no password rest options. You can no more invest or trade when the password is lost. This helps in preventing fraudulent. Only one key is blocked, you are not able to serve, that is termed as hacking. These keys are properly accessible to prevent fraud activities. The payment network is operated by users and miners instead of central authority.
It is same as like investing on property or home. They are valued high, depending upon the wallet value. When the bit coin price moves higher. It is easily possible to maintain peak value operated by min and demanding central authority. This becomes great investment that changes the network volatile and not heavy. Public acceptance are very sensitive to government regulations that does not impact negatively on bitcoin price there are large number of fundamentals that has great business prospects and management teams that underlay companies into it.