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What does this mean for us?

Some look at Bitcoin as the future, while others view it as a trend. However, we live in a world that is run by technologies and this trend isn’t going away anytime soon. Blockchain removes the need for trust in any centralized entity, thus removing the requirement for third parties, extra fees and reducing processing times.

Despite being a relatively new technology, Bitcoin already found its purpose as a store of value and its utility will only grow as more bright minds join this tech revolution. Once we become comfortable with the technology’s new trust paradigm, only then will we start to realize its true benefits.