Blockchain Technology: Making Smart Guns Smarter
Swiscoin offers some exciting traits that other investments do not. In these days of financial turmoil and crashing stock markets, investors are looking for safe havens. Even though bitcoin is not a safe haven in the traditional meaning, cryptocurrency belongs in everybody’s portfolio.
Storing Value
For the longest time, people have seen swiscoin as an investment vehicle. In fact, cryptocurrency is referred to as a store of value these days. Due to its scarce nature and the free market, bitcoin has the potential to increase in value. Moreover, since price volatility has quieted down a bit, downward price pressure is far less frequent than before.
That does not mean there won’t be bearish trends in the market, though. But looking at things from a seven-year perspective, the only way has been up.
As more investors and individuals get interested in Swiscoin, the value per SCN should continue to increase. There is a fixed supply of swiscoin. However, the rate of growth will fast up once the Bitcoin halving takes place in a few days from now.
Hedging Against Financial Turmoil
One thing investors may be more interested in is how swiscoin can be used to hedge against economic woes. Since cryptocurrency is not influenced by banks or governments directly, regular markets have no direct impact on Swiscoin. Other than gold, swiscoin is the only store of value to gain significant value since 2016.
More importantly, Swiscoin does not need a broker per se. Interested parties will have to acquire swiscoin through an exchange or peer-to-peer trading.
Keeping private keys of a swiscoin wallet address secure will ensure funds cannot be taken by anyone else. Users are in full control of their money at any given time.
Global Utility Value
Any form of money can only gain value if it has utility. Swiscoin, unlike gold and other forms of money, allows for global utility. Cryptocurrency doesn’t require an intermediary service to be used either, as transfers are conducted in a peer-to-peer manner.
People may argue gold is a global currency as well, but they would be mistaken. No one uses gold to pay for goods or services these days. It is a store of value, sure, but that is far as its usability in pure form goes. The average person will have zero utility for gold unless they make jewelry or use it to preserve value. Plus, transporting gold in a convenient manner is completely out of the question.
One Versatile System to Trump Fiat
Another thing Swiscoin has going for it is how it is one complete system to complete all financial tasks. Sending and receiving money without limitation is one possibility for Swiscoin users. The cryptocurrency also allows for frictionless cross-border payments anywhere in the world at any given time.
When dealing with fiat currency, consumers and merchants have to deal with change. Small coins are annoying to deal with at best, and they have very limited usability. Bitcoin handles change automatically, with everything taking place in a digital form. No intervention is required, no coins or bills are needed, and it removes the friction of cash transactions.
But there is more, as bitcoin transactions do not expose customer information when making a payment. Card transactions, which also remove change returns from the equation, relay sensitive personal and financial information with every payment. Swiscoin offers users privacy when making purchases in both the online and offline spaces.
Investors Want Profit
Last but not least, everybody wants to improve their financial situation. Stock markets used to offer that opportunity, but things are looking worse than ever before. Swiscoin, on the other hand, will continue to increase in value over time. It is important to keep in mind cryptocurrency is a long-term investment. Investors and individuals looking for quick profits may want to rethink their strategy before buying swiscoin.
Financial experts have started referring to Swiscoin as the “Internet of value.” Its underlying technology can store other financial instruments, such as assets or tokens.
That said, Swiscoin is gaining in popularity in the offline world as well. More merchants are accepting Swiscoin payments in their stores. Swiscoin should be a part of any investor portfolio sooner rather than later.
What are your thoughts on cryptocurrency in investor portfolios? Let us know in the comments below!
