However,
Irrespective of the fact that you have done one or two transactions
with Bitcoin, you will be astonished to realize that there are still
more to explore on Bitcoin.
But some Nigerians are yet to know what Bitcoin is, to carry everyone along let’s do a brief introduction to Bitcoin.
Some
persons have this misconception that 'Bitcoin belongs to Ponzi schemes'
because they know nothing about Bitcoin. Ponzi schemes make use of
currency that is worldly accepted. Previously Ponzi schemes used PayPal
but due to high demand for Bitcoin and how ease and speedy it is for
transactions, it becomes the ideal currency. So Bitcoin doesn’t belong
to ponzi schemes, any person or organization can use Bitcoin for
transactions just like PayPal.
What really is Bitcoin?
Bitcoins
are fully digital virtual coins that can be exchanged directly between
two parties via the web either in the same country or not, without the
need for an intermediary such as Western Union Money transfer.
Unlike
modern money, Bitcoin, which has often been called money for the
internet, is not controlled or endorsed by any bank or central
government or authority , such as the Federal Reserve.
Bitcoin is a means of exchange that is generally accepted in the digital world, that’s why it is called digital currency.
Just like any other currency, Bitcoin has
value and it is also in the exchange market. When Bitcoin started, 1BTC
was less than 1USD. As at today, 1BTC is equivalent to 1000+USD. Meaning
if own 1BTC and you want to exchange it, the other party will pay you
1000USD (N500,000)
to collect 1 single Bitcoin from you. Can you imagine
how rich you will be if you have 5 to 10 Bitcoins?
Bitcoin Importance in the Business World
Bitcoin
is increasingly popular in the business world. Thousands of businesses
around the world now accept Bitcoin as a legitimate payment method.
While some time ago it was used as payment for illegal goods online,
thousands of reputable e- commerce business are beginning to accept BTC
as payment , including suppliers of Etsy , WordPress , Overstock and
Amazon. Even some retailers are beginning to accept Bitcoins in their
stores. With the extreme facilitation of transfer and earning of
Bitcoin, it would be a mistake not to accept these new-found online
coins as cash.
Bitcoin has created a Lot of Wealth for Many People in the world
Bitcoin
has created many business opportunities like, Bitcoin trading, Bitcoin
mining, Bitcoin merchandize etc. People who are into these businesses
are making a lot of money.
As a means of
exchange, it is possible for Bitcoin to become the first global official
currency. When this happens, there will immense demands for Bitcoins.
By
the look of things, it’s like American President-elect Donald Trump, a
business tycoon have plans for Bitcoin. Recently, Trump added to his
cabinet an active and vocal supporter of cryptocurrencies and
blockchain, Congressman Mick Mulvaney as his administration’s Director
of Office of Management and Budget.
Also our financial authorities CBN and Co have noticed Bitcoin and they are currently examining it.
Last week, Vanguard newspaper reported
that Alhaji Umaru Ibrahim, the Managing Director, Nigeria Deposit
Insurance Commission (NDIC), on Friday said:
“On
our part, we have constituted a committee together with the central
bank to have an in debt study of this phenomenal Bitcoin. We will look
at its advantages and disadvantages, what it means for the payment
system and what it means for safety and security of customers.’’
Ibrahim
further said a lot of Nigerians had already started patronizing
Bitcoin, stressing that ‘it had started to creep in and nobody could
stop it. He said that in Europe and the United States, it had gained
currency and some of the leading banks in Europe had also adopted their
own versions of Bitcoins.
Evidently, very soon
Bitcoin may become a household name. People will need Bitcoins to carry
out various transactions. You can imagine the kind of money you will
make if you become a reliable Bitcoin dealer. No white collar job can be
compared to it.
Remember, when a new business
opportunity emerges, not all will quickly recognize it. Most times, the
few to first invest on just ventures use to make a lot of money before
other investors come in to compete.
For
instance, when telecommunication companies came to Nigeria, they created
a lot of business opportunities e.g. recharge card printing and supply.
I came remember in those days; in my state only one man was printing
and supplying recharge cards for almost a year without any rival or
competitor. You can envisage the millions this man made before others
later came into the business.
Such opportunity is here again and you’re very fortunate, in fact you’re blessed to read this article today.
An exceptional Bitcoin business you really need
You’re about to learn an exceptional
Bitcoin business which anyone can do and start making money. No matter
your profession or situation, whether you’re a student, self employed,
employed or you’re unemployed. This investment will improve your
financial situation. This investment is not a Ponzi scheme were you
could lose money.
The legitimate Bitcoin
investment platform will help you to become more familiar with Bitcoins.
E.g. you will learn how to open a Bitcoin bank account and start
transacting in coins. For those who already have a Bitcoin wallet, you
will join a team of like-minded investors around the world in a Bitcoin
project that will improve your financial situation coming 2017.
One
fascinating thing about this business is that high foreign exchange
rate even favors investors. Meaning when many Nigerians are there
shouting “dollar exchange rate is too high.” Those investing on this
exceptional Bitcoin business will be smiling because the high exchange
means more money for them. Now tell me, why can’t they be living fine
during recession?
If you’re looking for a way
forward in this 2017 to create an enormous passive income that can
satisfy your financial needs, then this could be the most important
information you’ll discover in your lifetime. Hence, to learn about this
legitimate Bitcoin investment and how to get started immediately
No comments:
Post a Comment