Bitcoin, a now dominant and decentralized digital currency, has shown that people can be its driving force, as its users practically own the market.
Bitcoin has recently gained significant global attention, as the richest man in the world, Elon Musk, has invested $ 1,5 billion in it. This asset, which sold for less than $ 1 just 11 years ago, has reached new highs in the market with a current price of over $ 40.000, phenomenal growth in a decade that no asset class in the market can match.
A threat to the banks?
Some institutions and jurisdictions seem threatened by the existence of digital currencies, which is why some disappointment has emerged on the internet.
A few years ago, when people were still skeptical and unconvinced about BTC and its potential, there were those in the industry driven by the ideology that this asset could have created a better global financial system. The reality is that there are some setbacks when transferring money and processing payments using the current financial system.
One way or another, monetary transactions using traditional payment systems can be cumbersome and limited, especially for those without access to banking and other financial services. This motivated Ray Youssef and Artur Schaback to create a platform that can reach billions of people around the world.
The Paxful revolution
They explored the Bitcoin market and discovered the opportunity to provide people with access to a new financial market. This discovery and enthusiasm led to the creation of Paxful.com, a peer-to-peer trading platform that allows people to buy and sell cryptocurrencies with anyone, anywhere, anytime.
Currently, Paxful offers over 350 ways to buy and sell Bitcoin and other digital currencies, making it easy for anyone buy Bitcoins, even in small fractions, and participate in a $ 900 billion market. Ultimately, Bitcoin has the potential to help people support various financial limits by allowing them to:
- Pay for goods and services
- Donate to charitable organizations
- Build and grow a business
- Protect the value of their wealth
- Send money faster at a cheaper rate
In addition to providing financial opportunities through its platform, Paxful also uses BTC to support quality of life and education through the Built With Bitcoin initiative. Each cryptocurrency donation is donated to building schools in emerging markets, empowering people by learning to live a better life.
The platform supports and continues to offer financial support to millions of people around the world through digital currencies. It is never too late to start, now is the time to join the community with the highest rate of expansion in history and become part of a market driven by people and no longer by institutions.