Bitcoin - Why you should own Bitcoin in a crisis

Clem Chambers, CEO & Founder of ADVFN speaks to Matt Brown regarding why he owns Bitcoin. Also discussed is why individuals and businesses must hold the currency in case of a crisis. Chambers highlights the recent hurricanes in the U.S. and how he was able to use the cryprocurrency for payments when other conventional banks were closed. Bitcoin will enable payments to be quicker and certainly will help business transactions.

Chambers also discusses how it will enable people to travel the globe without the need or worry to transfer funds via local banks. Chambers notes how Bitcoin is now getting into the mainstream as well as other cryptocurrncies under performing Bitcoin as investors flip into the currency. However, he expects the outflow from rival cryptocurrencies to flow back in over the coming weeks.

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