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Should I buy bitcoin?

ā€œTo the extent it is used I fear itā€™s often for illicit finance. Itā€™s an extremely inefficient way of conducting transactions, and the amount of energy thatā€™s consumed in processing those transactions is staggering,ā€ the former Fed chairwoman said. Yellenā€™s comments have been cited as a reason for bitcoinā€™s recent losses. However, Yellenā€™s assessment of bitcoin as a inefficient medium of exchange is an important point and one that has already been raised in the past by bitcoin bulls. Using a volatile asset in exchange for goods and services makes little sense if the asset can tumble 10% in a day, or surge 80% over the course of a two months as bitcoin has done in 2021, critics argue. To put a finer point on it, over the past 12 months bitcoin has registered 8 corrections, defined as a decline from a recent peak of at least 10% but not more than 20%, and two bear markets, which are defined as falls of 20% or more, according to Dow Jones Market Data.

NEWS: Telegram supports Facetime video calls NOW!

Secure video calling is in high demand. As an alternative to Zoom, many people are using end-to-end encrypted apps such as WhatsApp, FaceTime or Signal to speak to friends and family face-to-face since coronavirus lockdowns started to take place across the world. Thereā€™s another optionā€”secure communications app Telegram just added video calling to its feature set, available on both iOS and Android. The new feature is also super secureā€”like Signal and WhatsApp and unlike Zoom (yet), video calls will be end-to-end encrypted.

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