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Author Topic: [2016-10-18] Bitcoin Gains Popularity as Fiat Systems Collapse into Uncertainty  (Read 231 times)
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October 18, 2016, 04:34:30 PM

Bitcoin Gains Popularity as Fiat Systems Collapse into Uncertainty

For the cryptocurrency industry, gaining the trust of the wider populous to grow the user base has always been a critical challenge to overcome. Progress has been steady, but it has, ironically, taken a series of incidents of turmoil within the fiat monetary systems of various countries that has helped the industry grow in that aspect. Now, with the prolonged restrictions placed on the movement of both fiat currency and assets into and out of Venezuela, we are seeing a further shift to Bitcoin. Peer to peer Bitcoin payments are on the increase and web based freelancers are now moving towards payment via Bitcoin, bypassing the fiat system entirely.

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