CryptoCoinPrediction.com is not responsible for the article’s content or accuracy and may not share the author’s views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.

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CryptoCoinPrediction.com is not responsible for the article’s content or accuracy and may not share the author’s views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.

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Buenos Aires, Argentina – Catholic Coins is proud to announce the launch of its non-profit crypto-based charity coin that fosters charitable donations globally. Created with Catholic investors in mind, the new platform helps willing donors find reputable orphanages and foster homes for the elderly, eliminate setbacks, track and vet how their donations are spent.

“Catholic Coins was created to solve a huge problem,” says spokesperson Geraldine Castiblanco. “Making donations to charity is commonly seen to be a risky business these days, with all the headlines we see concerning corruption scandals. Sadly, many people have stopped making any donations at all, because they can never really be sure if their money is reaching its target.”

Catholic Coins solves that problem by changing the way people donate to charity, and providing complete transparency and accountability. By means of a user-friendly interface, donations are made in cryptocurrency and then converted to Catholic Coins. Donations are tracked every step of the way, allowing donors to see exactly how their contributions are being used.

According to Castiblanco, the use of blockchain technology streamlines and facilitates the entire process, allowing for reduced overheads and a far more effective management of resources.

“It changes everything. Now people can help those in need with complete peace of mind.  We’re tremendously proud of our achievements!”

With a focus on orphaned children who are often denied the basic right to food, shelter, education and health care, Catholic Coins was created with the goal of helping donors find reputable orphanages. The platform also showcases and encourages contributions to homes for the elderly.Video Link: http://www.youtube.com/embed/NbJUyi-YjU4

About Catholic Coin

Created with a vision of establishing an effective method of raising funds for charity, Catholic Coin uses blockchain technology that offers trust and transparency while showcasing orphanages and homes for the elderly that are most in need.

For more information, or to take advantage of the pre-sale bonus (available until July 7th only), visit the website at https://catholiccoins.org

Company Name: Catholic Coin
Contact Person: Geraldine Castiblanco
Email: Send Email
Phone: 1164096183
City: Buenos Aires
Country: Argentina
Website: https://catholiccoins.org 

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What does it take for Bitcoin to achieve mass-adoption?

CryptoCoinPrediction.com is not responsible for the article’s content or accuracy and may not share the author’s views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.

What does it take for Bitcoin to achieve Mass-Adoption?

The biggest obstacle for Bitcoin right now is, that so few people use Bitcoin. But why do so few people actually use Bitcoin from a day-to-day basis? Well, the answer is, because so few people use Bitcoin. That might sound a bit confusing right away, but I will explain myself.

Bitcoin has the obstacle to overcome, same as Facebook. Facebook became so valuable, because literally every friend of yours, and their parents where using it. If no one used Facebook, then I really doubt it would be nearly as valuable to humanity as it is today.

The same exact thing also applies to Bitcoin. What makes money valuable, is the fact that you can pay anybody for anything with it. Good luck paying your local supermarket in Bitcoins. It just doesn’t make sense to do so.

This is also called the network effect. It sates, that a system is only so valuable, as the number of people using that system.

So, let’s dive into the 3 deciding factors, that must happen for Bitcoin to fully achieve mass adoption.

First, of course, is the support by a big corporation or even country. For example, if a big company like McDonalds starts to accept Bitcoin, then people would be more inclined to make purchases with Bitcoin. This makes total sense, because why would anybody adopt the usage of Bitcoin, if you couldn’t make any real-world purchases with it? Exactly, it doesn’t make any sense whatsoever.

The first point was pretty obvious, so let’s look at the other deciding factors, that are crucial for Bitcoin to be mass-adopted.

Did you actually know, that a third of the world’s population, 2,5 million adults to be precise, do not have access to the banking system? Yeah, what people in the first-world countries take completely for granted, isn’t all that common all around the world: A bank account. On the other side, many more people in these third-world countries do have mobile phones, but no bank accounts. So, what if all those people start using Cryptocurrencies, like Bitcoin, for their online and day-to-day transactions? They could skip the traditional banking system and directly buy and sell Bitcoin from their smartphones. If one third (or even less) of the world population starts to use Bitcoin, it will gain world-wide recognition and overtake any other currency.

The third scenario that could happen, is that a major economic collapse or abuse occurs. When this happens, lots of people will want to transfer their wealth to something that isn’t dependent on any country or government, but is universally accepted in every country of the world. There aren’t many options for such things. One of these things is, gold. And the other could be Bitcoin, which I see as the digital version of Gold.

I hope we will never have to experience such a catastrophic event in our lifetime, but it sure is a positive thing for Bitcoin, since lots of people will adopt it.

These are all the point I could think of. Thanks a lot for reading and have an awesome day! Visit me at flashipcrypto.com for more Crypto-article?