Bitcoin Vs. Traditional Finance

To replace the aging infrastructure, a new system is needed. This new system needs to be neutral, borderless, and friction-free. These are all features of Bitcoin, the decentralized electronic cash system of peer-to-peer.

Conduct an in-depth analysis of today’s Fintech sector and find out the potential for cryptocurrencies to work as an alternative to fiat currency.

Our conclusion is due to the increasing number of daily active consumers worldwide using Fintech platforms. More and more people are connecting to the Internet, attracting people to digital banking services, transfers of digital funds, forex, and cryptocurrencies.

The report goes further to identify Bitcoin and Blockchain-based technologies as hugely disruptive and innovative technologies as more and more startups are launched that offer consumers more cost-effective services for banking, investing and other services in comparison to traditional finance sector organizations, many of which are being pushed out as Millennials are beginning to lose trust in them.

Ultimately, cryptocurrencies have grown into a strong competitor to incumbent financial services. The highlighting fact that will fuel this expansion is that blockchain platforms offer more efficient, lower-cost alternatives to traditional models.

What Is Coin Cloud?

Coin Cloud is a Bitcoin ATM operator based in Las Vegas, NV. With over 377+ locations nationwide, Coin Cloud boasts the largest two-way network of Bitcoin ATMs in the world. Having traded $82 million in bitcoin since its inception, Coin Cloud are experts in bitcoin and their hardware, software and live support team is here to show for it. To learn more about Coin Cloud or to find the nearest Bitcoin ATM to you, please visit CoinCloudATM.com.