Bitcoin used to provide an anonymous transfer of funds that could in the beginning was untraceable on the dark web.  Nowadays, the US Revenue Service now requires individuals to reveal any crypto accounts on their taxes, making it harder to hide assets and transfers.

Today, Bitcoin trades 24 hours a day, 365 days a year and transactions can be undertaken and verified at any time.  Cryptocurrencies, especially the use of Bitcoin, are on the rise and the usage is widespread.  Many banks want to consider a digital currency, but few have implemented it and development in the United States is slow.

Bitcoin threatens the supremacy of government-backed money.  Unless the private sector improves the ease and efficiency of electronic transfers among deposit accounts, cryptocurrencies could grow and take a significant share of these transactions.  This could reduce the demand for government money and make monetary control by the central banks much more difficult.

When trading in Bitcoin or any cryptocurrency you will need a Crypto App and like any new trading platform it is best to paper trade first and really do your homework to understand the ins and outs of Bitcoin.

Here is an example:

$1.00 US Dollar = $0.00000955 BTC

$100 BTC = $10,126,228.78 US Dollars