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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

Vadim Blaustein: 5 reasons to introduce cryptocurrency to your business now  

Vadim Blaustein, crypto-investor and Senior Partner at BlauStein Business Lawyers has shared his thoughts on the cryptocurrency market and g...

Vadim Blaustein: 5 reasons to introduce cryptocurrency to your business now  

Vadim Blaustein, crypto-investor and Senior Partner at BlauStein Business Lawyers has shared his thoughts on the cryptocurrency market and g...