Is celebrity support an added advantage to cryptocurrency growth?


 Celebrities are prominent figures in society. We admire them for their looks and get influenced by whatever brand they endorse. So can we say that their support for cryptocurrency is an added advantage? Well, up to an extent yes. Since they are public figures and rule the hearts of their fans, this indeed can be an added advantage in the growth of cryptocurrency. 


But it is not completely true. The cryptocurrency rose to fame because of the unique features and advantages they provide to their users. First of all, they allow users to have the ownership of tier money which is not in the case of government-issued currencies. If you look at the whitepaper of Bitcoin framed by its founder Satoshi Nakamoto, then you will find that it restricts the interference of third parties and central authorities like banks and the government. 


Cryptocurrency is now considered an investment asset by most crypto enthusiasts. Many people have become richer by it. Akshay Haldipur from India is the best example to mention here. The other wealthy persons include Barry Silbert, Winklevoss Twins, and others. If you log on to the Cryptoknowmics website, then you will know everything about it. So sign up soon on this crypto site if you haven't yet. Here you can search for any topic like what is a soft fork and hard fork in the blockchain. 

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