Learning how to buy U.S. Dollar Tether tokens (USDT) is the next level move for investors ready to go beyond Bitcoin and consider other options. Why is that? It’s because it is a stablecoin. It’s designed to offer crypto investors a safe haven from the volatility of the open market without having to trade their Bitcoin or altcoins back into their national currency.
More Canadians are entering the world of Bitcoin, and that’s great for Bitcoin adoption, but more importantly, it’s great for Canadians’ wealth in the long-run. That said, those just getting started deserve more than their fair share of empathy as learning the basics of how to buy Bitcoin in this country can certainly be overwhelming for somebody who is still new to the layout of the Bitcoin landscape.
The beauty of digital gold and all of the altcoins arriving on the scene nowadays is that they are completely borderless. They can be spent anywhere by anybody without fear of censorship or restrictions. As crypto adoption continues to spread across the globe, the number of options for spending Bitcoin will continue increasing exponentially.
The essence of Bitcoin existed centuries ago. The Rai stone of the Yap island (now known as the Federated States of Micronesia) was a form of money from centuries ago that most resembles Bitcoin. The success of these stones as a form of money lasted for centuries because the Yapese understood a basic economic concept most of us don’t: when money becomes easy to produce it loses value and eventually its role as money.
As the world continues to live in isolation in a global effort to flatten the curve and slow the spread of COVID-19, it’s becoming quite clear that more and more people are putting their faith in Bitcoin and digital currencies over the stability of big banks.
A fork has nothing to do with what’s for dinner. It has to do with changing the technical aspects of a blockchain and essentially creating a new or better version of an existing digital currency. Forking is playing a major role in the evolution of the entire blockchain industry.