Latin America's largest marketplace has announced that it is buying bitcoin.
Considered the largest e-commerce platform in Latin America, the Free Market that started as a startup and has innovative solutions for e-commerce, developing important jobs and seeking incentives, announced that between January and March it bought US $ 7.8 million in Bitcoin in the 1st quarter, just as a strategy to diversify investments and this time in assets, joining other large companies that also decided to enter this crypto market.
Since, Bitcoin is increasingly becoming a store of value for large companies, especially technology companies, such as Tesla.
What is attracting big companies to join these assets?
It is only a matter of time for big companies to invest in BTC, as what attracts companies to buy Bitcoin is its scarcity, portability, immutability and its deflation process.
The next step is to see the marketplace start to accept crypto payment for all its products, and that is a fantastic idea.
It is a positive point, if companies start to accept and make bitcoin viable as a means of payment, thus, BTC will quickly become a decentralized global currency, and with that the volatility tends to become lesser with each passing day.
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