Buying Bitcoins in Singapore

Brian Kelly of CNBC’s Fast Money has promoted three major, key reasons to buy Bitcoin. The first reason, as Kelly explains, is that Bitcoin will “Amazon” the banks, meaning that Bitcoin will be to the banking world what Amazon has been to retail. Amazon revolutionized the supply chain industry for products to the consumer, essentially bypassing the middleman. Bitcoin is set to revolutionize the way transactions occur in much the same way, enabling direct payments between two parties without the need for a third party operator, across borders too.

Big Market also in Singapore

How big is the Bitcoin market? Kelly believes there is an upside to the market, predicting that there is plenty of room to grow, seeing not unreasonable increases of 1o times. With a current market cap hovering around $100 billion, that would put the digital currency’s predicted future market cap somewhere in the region of $1 trillion, giving a single Bitcoin the value of $60,000.

Perfect for Regions in Singapore:

• Central Area (de facto) Bukit Merah
• Tampines Bedok
• Woodlands
• Seletar Hougang
• Jurong East Jurong West