The next billionaires

We have always known that there are industries that are very lucrative where almost everyone who wants to make it should aim for. These industries are the industries which target very large markets. Their market may be the whole region, continent or even the entire world. Once you have a population base that big as your market, then your business is forever set up for success. Many billionaires emerged from the oil the business because oil is used by the entire world and the industrial revolution was designed to rely on mechanisation which cannot operate without oil. That is why countries with oil flourish when this resource is properly managed. The era of digital technology also produced billionaires because everyone in the world including all industries depend on technology to reduce costs and maximise profits. There is no industry that does not use a computer; thus there are numerous computers custom-made for specific purposes. They range from simple appliances to complex industrial robotics and aircraft avionics. The internet came and replaced a lot of technologies and simplified a lot of tasks. Businesses that took advantage of the internet and moved online expanded their market and simplified the conducting of business; thereby making a fortune. You can name many industries that have given birth to billionaires, but there is now a new breed of billionaires that will be borne out the era of cryptocurrency.

Cryptocurrency does not have international boundaries, the technology eliminates a lot of middlemen and it is very safe and secure. By eliminating a lot of financial institutions, it reduces transaction costs and speeds up transactions. Also, by replacing policy with an algorithm, the system eliminates bias and human errors. Furthermore, emphasising on the anonymity enables cryptocurrencies to bring a lot of people into the monetary ecosystem who were left out of the traditional banking system which require ID and proof of residence and proof of income. This technology brings freedom in using money in people that has never been imagined and therefore results in a tremendous expansion in the market that uses cryptocurrencies. When more and more people use these digital coins, there will be more money collected as transaction fees from all over the world, as there are no boundaries. It may be a few cents per transaction, but when multiplied by the billions of transactions worldwide, you can only imagine how much that can be.

Please note that it is only those that will be wise enough and invest in the verifying of transactions (mining) that will be paid with these transaction fees collected from all over the world. This will be in addition to the new bitcoins released that are paid to the miners as a reward for verifying the transactions. As cryptocurrencies are here to stay, this is the industry where billionaires will emerge. This is because this technology is the biggest of them all and its applications are unlimited as it is the technology of money. You need to be fully equipped with the necessary information for you to get involved in this technology and refuse to be an end-user. That is why you should visit our webpage at https://www.dubeminer.com where you will be educated on bitcoin and the technologies driving it and you will have an opportunity to subscribe to our newsletter which will also provide more useful information and updates.