Ted Bauman recently broke down the faults of the increasingly popular digital cryptocurrency Bitcoin. In recent years, Bitcoin has soared in popularity. The reason for attracting users is the opportunity to be financially independent from any government interference and manipulation. They also are given privacy and security, when they make transactions. While users enjoy the privacy and security, they do encounter a major flaw with transactions. A single transaction can take several minutes, one user reported it taking over 10 minutes. In today’s world, speed is everything and that eliminates the usefulness of Bitcoin. Ted Bauman compares Bitcoin’s speed to Visa, which can process nearly 1,700 transactions every second, while having the ability to process upwards of 24,000 transactions every second. As people continue to buy into Bitcoin, processing time will become longer, leading to a longer waiting time. Learn more at Crunchbase about Ted Bauman
People have begun looking for alternatives that can provide a faster transaction speed. They discovered Bitcoin Cash, which then tanked Bitcoin’s value. The people who were interested in Bitcoin Cash, did not realize that every Bitcoin made before was included in the new Bitcoin Cash. Ted Bauman believes buying Bitcoin now, will allow his followers to earn a large sum without the need for a large investment. He says this is because he believes there will be something wrong with Bitcoin Cash. When the problem surfaces, those who own the original currency, will have stock in the new cryptocurrency.
Bitcoin Has a Massive Problem It Must Address . . . #bitcoin #BitcoinCash #bitcoins #blockchain #fork #cryptocurrency #Crypto #cryptocurrencies #banyanhill #CyberSecurity #digitalcurrencyhttps://t.co/YFvaoHqYAI
— Ted Bauman Guru (@Ted_B_Guru) November 13, 2017
Ted Bauman has spent several years now as the editor and author of Banyan Hill Publishing. Ted publishes financial resources that help his readers navigate the financial world correctly. Ted Bauman has found a way to provide his insight to readers in a interesting way. Ted Bauman is the editor for The Bauman Letter, Plan B Club, and Alpha Stock Alert. His specialties include asset protection, privacy concerns, global migration and low-risk investing.
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Ted Bauman is originally from the Washington D.C. metro area, but later emigrated to South Africa. In South Africa, he attended the University of Cape Town, where he graduated with multiple postgraduate degrees in economics and history. During his time in South Africa, Ted Bauman spent 25 years in executive roles with several nonprofit organizations. Ted Bauman now dedicates his life to help people live their lives free from government interference and corporate greed. Ted Bauman now lives in Atlanta, Georgia with his family. Ted continues to work with those who are in need of financial advice.
More information, click here:https://medium.com/@TedBauman