|
Bitcoin
I have been playing around with bitcoin and other crypto currencies for the last few months and thought i might post up a quick thread here letting you guys know about this.
Most people, myself included - When they first look at bitcoin, the reaction is "stupid internet money for geeks"
I had this reaction.
But like many, after 6 months or a year i gave it a second look, a more in depth look, and its very exciting indeed.
Bitcoin is not just money for the internet. It is a new internet.
The internet of money just got invented, and we are here to get in on the ground floor.
Its a platform on which secure transactions, applications and tools can be made. I believe their are currently around 100,000 developers working on this project, making tools, other currencies, trades and exchanges and more, its exploding.
Currently western union is raking in about 70 BILLION per year in fees, mostly collected from poor people sending money back to their home country. 70 billion from the poorest people in the world...
With bitcoin now a peasant farmer in Africa can send any amount, 1 cent or 1 million, instantly and for little or no fees. No middle men, no funds are in motion, peer to peer money transfers that are very secure indeed.
Its going to revolutionize the third world, who have no banking facilities at all.
Its spawned 100's of alt coins, trades, exchanges, tools, stores and more. Every day new people are adopting it. Ebay is looking to add it, Microsoft already has.
Im only going to say this once - I highly suggest you guys check it out.
Instant payments with no fees, keep your money on a USB drive or even on a piece of paper, send it instantly worldwide for free, no charge backs, tiny or no fees, the list goes on.
In fact behind me, i have a global banking system setup. I am earning 5-10% interest compounded and paid daily. I can instantly send money worldwide, buy things, trade in gold oil silver and many, many other things.
Every day my wealth is increasing. Their is also the possibility the value of my coins will increase, and it can increase be 100, 1000, 1 million or even 1 billion times.
MASSIVE ROI possibilities.
Simply put, bitcoin and crypto currencies are amazing and you guys should really take a closer look at what bitcoin actually is, its not just some internet money its a whole new business eco system, and your alive when its just started, an amazing opportunity.
|