The technology of money
Everything is moving towards the world of technology by becoming digital. Any business that needs to thrive nowadays goes digital. The greatest invention that gave birth to all the applications in the world is the internet. Digitizing a business makes it more accessible and easier to manage and exploit the very large market that comes with the wider geographical area covered. Uber is the largest taxi company that does not own a single taxi and operates all the world. The same applies to Airbnb which does not own any B&B but is used worldwide. Amazon sells a whole variety of commodities yet it does not own a store. That is the power technology, where entrepreneurs digitize their businesses and put them online, which replaces the conventional businesses completely. Email made post office to become obsolete, iTunes revolutionized music and replaced compact discs and made the music business very lucrative. Virtually everything is sold online these days ranging from groceries to furniture, cars and houses. These are the applications that came with the advent of internet.
There is only one commodity lagging behind technologically, and that is money. Even though people do online banking, they are doing it on fiat (paper) money. That is basically the same fiat money physically stored in the bank and recorded electronically – this is applying technology to money. This money is still centralized and belongs to governments. Thus, there is no freedom in using this kind of money. There is need for money that will give the user absolute control and not restrict anyone from having an account. It is because of this restriction and control that millions of people (about 80%) don’t have bank accounts. Leaving a of people out the ecosystem is loss of business.
Bitcoin and blockchain technology is the technology of money and is the greatest invention after the internet; in fact greater that the internet. The potential of its applications is huge, far greater than those of the internet. Transactions are peer-to-peer; they don’t need a central bank or institution. Transactions are instant and almost free. Bitcoin can buy anything! Bitcoin is a store of value. So if you have bitcoin you have all the power you can imagine. Understanding the magnitude of the power of bitcoin is the foundation of developing ideas of getting involved and profiting from this technology of money. The starting point is obtaining the bitcoin and/or other cryptocurrencies. Earn bitcoins every day by getting yourself a bitcoin mining contract with AWS Mining, where you will double your investment in 400 days. Cryptocurrency is where the real money is and the next billionaires will emerge from these cryptocurrencies. Mining is the most profitable and sustainable way to obtain cryptocurrencies. To start mining cryptos, click the following link
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