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If You’re Patient, Hold BitTorrent As a Long-Term Investment
Building long-term wealth in crypto assets like BitTorrent will require patience
May 4, 2021, 3:59 pm EDT
May 4, 2021
BitTorrent (CCC:
BTT-USD) is the utility token for the peer-to-peer (P2P) file-sharing software of the same name. In 2019, the Singapore-based BitTorrent Foundation launched BTT on Tron blockchain, an operating system for creating decentralized applications and sharing media content.
Source: Shutterstock
As a file-sharing platform, BitTorrent was founded in 2004. File sharing is the primary service to download movies, music or games using torrent. There is no limit to file capacity. BitTorrent offers a torrent client software for various operating systems. It has recently surpassed 2 billion installations and currently has around 100 million active users. According to data provided by Similarweb, between January and March 2021, around 30% of total visits to its website came from India, the U.S., Brazil and Russia.

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