Vadim Blaustein, crypto-investor and Senior Partner at BlauStein Business Lawyers has shared his thoughts on the cryptocurrency market and gave 5 reasons you might think of introducing cryptocurrency to your business.
demonstrate the high capitalization of the cryptocurrency and
2017 was marked by an unprecedented demand for the cryptocurrency. As a result, the cryptocurrencies grew in price at an incredible rate. For example, i n April 2017 1 Bitcoin cost 1.147,63 USD, in April 2018 the price is approximately 6.992,51 USD. In December 2017, the price for 1 Bitcoin was almost 20.000 USD. Another popular cryptocurrency also showed growth, in April 2017 1 Ethereum was sold for 44,85 USD, and in April 2018 the price is 391,34 USD. “These
to new players, and now is the best time for doing business
Anonymity.
Cryptocurrency
provides
for
the significant interest in this instrument among buyers,” says Vadim Blaustein. Despite the high popularity, the cryptocurrency market is open related to cryptocurrency. Cryptocurrency will be of interest to almost any business because of the "digitization" of all areas of the modern economy, both at the micro- and macro-levels. Cryptocurrency offers many unique advantages, but Vadim Blaustein
specifically
highlights
5
advantages
of
cryptocurrency that will be of interest to almost any business.
unique
opportunities
for
business
growth,
anonymization of the holder of the asset, as well
minimizes the costs of bureaucracy and the
as of the person issuing it. For example, despite
administration of a business idea, and provides
the unprecedented interest of both media and
for the possibility of rapid growth for new ideas.
state regulators to Bitcoin, the identity of the creator of this cryptocurrency is still unknown.
Absence of monopoly. Despite the existence of the most common cryptocurrency, in reality
Flexibility. Cryptocurrency is primarily a very
there
flexible tool. Cryptocurrency can be used by the
cryptocurrency market. Cryptocurrency is not
most profitable and convenient way for any
monopolized and is not represented by hedge
business. Cryptocurrency can be a valuable asset,
funds, investment banks and other professional
share, means of payment, security, bill, bond, etc.
players in the financial market.
are
no
institutional
players
in
the
At the same time, business can offer new
Vadim Blaustein and many other specialists agree that
BlauStein is glad to help its Clients to take advantage of the
the cryptocurrency market and business related to
unique advantages of the cryptocurrency, as well as provide
cryptocurrency
will
grow
and
gain
popularity.
a comprehensive legal solution in the matter of the cryptocurrency for their business. Vadim ends with saying:
mechanisms for using cryptocurrency, which are
Unlimited range of potential partners, clients
Enthusiasts and critics, specialists and ordinary users are
not provided for in traditional business.
and investors. Cryptocurrency exists on the
unanimous - the cryptocurrency will stay in business for
“cryptocurrency is a step forward for your business, and we
Internet, and does not know geographical
a long time, and will become the norm in the life of an
are pleased to provide you with comprehensive professional
Lack of state regulation. Most countries in the
boundaries. To enter the new market, there is no
ordinary person.
support in this important step for the development of your
world still have not come to the conclusion what
need to open an office, hire local personnel,
cryptocurrency is, how to store it, how to tax the
obtain licenses, and bear significant logistics and
currency, how can it be used, etc. Cryptocurrency
administrative expenses. Cryptocurrency is
is the most liberal tool that exists in the modern
available to everyone who has access to the
economy. The lack of state control opens up
Internet, which is almost 4 billion people.
business”.
More info about Vadim BlauStein and BlauStein Business Lawyers you can find on www.blaustein.pro