Its important that you do your due diligence about the future of money because the Digital Currency Age has arrived! Digital currency started with Bitcoin, a payment system invented by Satoshi Nakamoto in 2008.
The system is peer-to-peer and users can transact directly without needing an intermediary. The system works without a central repository or single administrator, which has led the US Treasury to categorize it as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value.
Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into the public ledger. This activity is called mining and is rewarded by transaction fees and newly created bitcoins. Besides mining, bitcoins can be obtained in exchange for different currencies, products, and services, and merchants have an incentive to accept it because fees are lower than the 2-3% typically imposed by credit card processors. Users can send and receive bitcoins for an optional transaction fee
In recent times, as cryptocurrency is making a dent on our financial institution, and this makes the banks and government a bit nervous, as banks are losing billions and government have no control over it. This peer-to-peer electronic currency is already changing they way in which the industry of currency around the world is perceived.
in years to come this is going to be our main currency. Remember what happened to the industries of retail shopping, media, postal service, photos, music? They all moved to utilization of the Internet, and now we have $234, before settling back down to $189 per coin.
And now a new coin has arrived and it will have a major impact in our financial institution. At OneCoin, you can register now. Give it a few more years, or so, and it will be used by millions for making payments just as you are right now with U.S. dollars. Today, there are 1000 new OneCoin customers joining a day. Many waiting too long to see what will happen with it will be making the same mistake that I once did when I knew about Bitcoin, early-on, and didn’t move on it because it was unfamiliar territory. If you make this leap by getting into Onecoin, just think of how my of your friends and family members, you are going to help financially in the very near future. Five years ago, millions, including myself, missed-out on making millions with Bitcoin. But now we have a second chance with OneCoin join now.
Cryptocurrency’s Effect on Our Future
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