Unless you have been living under a rock, I am sure you have heard about Bitcoin. It has come to a level where it cannot be ignored anymore. And one of the most important reasons is – Tesla just bought $1.5B worth of Bitcoins. I don’t know at what price they bought it but it is estimated that they bought at least 40,000 bitcoins. In a world where there are only 21,000,000 bitcoins, it is a good chunk.
If a public company like Tesla, owned by the world’s richest man – Elon Musk is buying Bitcoins, we cannot ignore it. Still a lot of people think there are downsides to bitcoin, and some people even say it is a scam. It is not anymore. Tesla’s purchase will trigger other companies to put their portfolio into Bitcoins and the price is highly likely to go up.
If you want to take part in the biggest revolution in the history of mankind, there is nothing wrong with investing a small amount in Bitcoins. But the next question is – how do you do it in India?
Generally, bitcoins and other crypto currencies are stored inside wallets. The wallets can be online apps or they can be hardware wallets also. I will talk more about wallets some other day. To buy Bitcoins, you have to buy them from an exchange. There are a lot of international exchanges, and in India, there are a few exchanges
إرسال تعليق
You are welcome to share your ideas with us in comments!
