Crypto-currency will change the world like never before.
This technology will impact on every aspect of our being.
It is the next big thing after the Internet. It will make more millionaires than any other business engagement. Millionaires will no longer come from the oil sector or other enterprises. Crypto currency will make a lot of people rich and alleviate poverty in various countries. It is the next disruption, just like the email disrupted post offices and closed them down, crypto currency is disrupting money as we know it. Times are changing, we should open our minds to accept our evolving world.
Blockchain Technology is already impacting on the world's finance. change is constant. The greatest fraud in human history is the conspirators in the banking sector because of the use of fiat money which has its value arbitrarily ascribed. what gives the N1000 you possess its value? how was that paper determined to value that value?. it's just mere paper my dear. Because central banks in all countries of the world print money as much as they want. Before now, every single dollar note printed in America had an equivalent Gold bar value. But today it's all changed. No currency has value anymore. The number of currencies printed is infinite. so it doesn't matter, they can print as much as they please.
Imagine a currency that is finite. That numbers from zero to 20 million. no more no less, That, has already given that currency a greater value.
After the world economic crisis of 2008, A young man created what we know now as the blockchain. A powerful technological innovation that is changing the world.
It has far reaching applications which include but are not limited to
Insurance
banking
Agriculture
Space travel
Real estate
Artificial intelligence
Election and voting etc
Imagine a currency that is boarder-less. A currency that cannot be counterfeited.
Over 60% of the population of the world is unbanked. The poor people in the rural areas do not have bank accounts. This technology will bank everyone. It will remove a third party(bank) in any business transaction.
It will make you your own bank. You do not need to visit a bank again. Every transaction is recorded on a ledger and each ledger is unique to an individual. There are billions of ledgers on a blockchain, for a hacker to successfully hack into your account he has to filter through billions of individual ledgers on the blockchain.
you can imagine how secure the blockchain is. BitCoin is a creation of the blockchain, it is a digital currency. the value of bitcoin has risen from 10 cents per coin in 2012 to $1,250 per coin in 2017.
it is un-assumably the most expensive & valued currency in the world today. there are over 1500 crypto currencies. the unique thing about the crypto currency is that the value is determined by the people. the acceptability of any crypto currency increases its value. bitcoin is growing by the number, the projection is that by the end of the year 2017 the value of one bitcoin was raised to $20,000.
Banks all over the world are jittery, doing everything possible to frustrate this technology because they will eventually lose their jobs. Unfortunately, there is no government control over the blockchain.
I believe and I have accepted this technology that will eventually revolutionize banking and transactions as we know it. Open your mind to our evolving world and embrace change, invest in crypto currency and enjoy financial freedom.
The question is............ Have you?