Mark Zuckerberg’s innovation erupted the social media bandwagon. In fact, Facebook has been such the friendliest tutor for then-offline people to be Internet literate. Its active members are living proofs that exchange of messages and media (Video, Photos, Soundtrack) could actually be FREE, making Telecommunication Companies fear their services (Call, SMS, MMS) to be obsolete in years from now.
However, what if the next time you surf, the Internet could convert and organize (transfer/ purchase, withdraw, deposit) currencies efficiently and charge-less because of a digital asset you start owning today?
Sounds like a scam? Read back the first paragraph. More over, PayPal, when introduced was deemed fraudulent too. Now, online job incentives and purchases are processed through it. One more thing, Online banking is promoted now by your banks. Only, both place whopping charges and a bit procrastinating.
Stop reading this further when you are satisfied with your dormant money in banks or strategist-managed stock market ventures. Do not even read a word more when you do not have faith (until now) to the unknown possibilities the Technology is yet to divulge. This is about the financial world cohabiting with online media in the Internet. Their synergy!
Cryptocurrency. A currency in the Internet form. These are unique codes (algorithm) which when solved (mine) posses an intrinsic value (solution/coin). A medium of exchange which nominal value is determined by the number and rate of acquirers through the process of mining a predetermined, publicly known number of coins in a created system. To the average thinking adult: These are codes with values. Values are influenced by the community who agreed to consider it as a means of exchanging resources.
So why would you swap a tolerable slice of your money now to Cryptocurrency?
CRYPTOCURRENCY HAS COME TO ITS ERA
The success of Bitcoin startled the era of transactions using online currency. Since then, it served as the basis for innovations. Coins before were hard to earn due to costly equipments and the need of skillful IT professionals. Before, cryptocurrency were just for the wealthy who can fund the hardware pieces and the experts who know the science of the process.
EVOLUTION OF PAYMENTS
Years ago, we were reluctant in buying what we desire through the screen and keyboard. Now, I’m sure you know about Lazada, Ebay, and Alibaba. Reflect how you did not notice how commerce had evolved from Barter System to Paper Money to Codes with values. As learned consumers, we would then find a payment mode which would help us save by eradicating transaction charges. As learned currency organizers, we would then find a medium of transfer that does not let us fall in line like ants inside the bank or wait 3 to 5 days to receive the much needed remittances. Digital Money solves those.
There is no such investment instrument precisely predetermined as safe. It is always about the battle of risks and returns. As that classic investment tip teaches, sparing a fraction of your savings to be converted as a digital money is just in a way allocating some of your income to a promising investment instrument. A bit of everything.
BE A MILLIONAIRE
The financial science of digital money is, when you earn the coin earlier than everyone else, it is still cheaper. As the coin hopefuls increase, the chances of earning the coin lessens. This ignites scarcity based to the available pieces of coins programmed to be mined. When majority is still studying about this breakthrough, you are already teaching them about it while earning. Thus, start learning about it now.
Just like any will-able asset, owning digital money today makes your clan thank you someday. Cryptocurrencies are recorded through Blockchain with unique algorithm (codes). As this technology continues to flourish to the generation of your offspring’s offspring, there is indeed a lot digital money can promise in the future.
What is elusive about the benefits of technology is, you will never know it succeeded until one day you are already behind the comforts it resulted. Then you chase. Do not be left behind. Own at least a bit of cryptocurrency now.