You must be wondering what is this crypto currency. We will not keep it a secret for long as we are going to unveil here the world of crypto currency. And to know that you must dive into the world of Bitcoin first.
Now, what is this Bitcoin? We will answer this question first.
It is an open-source software to enable transactions between users directly, without an intermediary. Bitcoin is a worldwide cryptocurrency and digital payment system introduced by Satoshi Nakamoto.
It was introduced as an open-source software in the market in 2009 and was created as a reward for mining. Its early adopters bought up large amounts of the digital currency for pennies.
Since then its value has increased significantly, turning those who were associated with it into millionaires. Several initial investors are now living an extravagant life all thanks to the growing popularity of Bitcoin.
However, the economics surrounding Bitcoin and other forms of digital currency like Ethereum, Ripple, Litecoin, and most recently, Bitcoin Cash, all dubbed “cryptocurrency,” can be unpredictable and complicated.
One of the several benefits of using Bitcoin is that like normal transactions it can’t be stolen or counterfeited. When these digital currencies are exchanged, it turns into non-decipherable codes which not only makes them secure but also ensures that the sender and the receiver remain anonymous.
Moreover, unlike normal currency, digital currencies are not government regulated. There is not supposed to be any high bank fees, no fluctuations based on government regulations, and no corrupt bank antics.
Nevertheless, it also brought with it some disadvantages as well. These cryptocurrencies are considered highly volatile and unpredictable. Besides that, like many high-risk investments, it also leaves an opportunity to gain unimaginable wealth.
You could too turn into a millionaire once you learn about the tactics of crypto currency. It’s time for you to make your digital fortune.
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