Learn All About Cryptocurrency.
Thank you for visiting Cryptocurrency income.
Here on this page you will find news, information & education giving you all the info you need to get started with cryptocurrency. I know that some of you might be visiting here for the first time & are unsure of what cryptocurrency is or how it works. You have probably heard of bitcoin but are a little confused to what it is or how it works. Well you are in the right place, I created this website with the intention of helping as many people as I can to understand what it is and why I think everybody in my opinon should own at least some bitcoin, even if only a small amount.
Ok lets get started. “What is cryptocurrency?”
Cryptocurrency is digital currency used for transactions all over the world. More importantly it is a decentralized digital currency without a central bank or single administrator & can be sent from user to user on the peer to peer network known as the blockchain, without the need for a third party such as PayPal, Western Union or a bank. So to sum it up, anybody can pay anybody else direct from a smartphone, PC/laptop or tablet without any middle man to take a cut. So if for example you wanted to buy my car for one bitcoin, you would get out your smartphone, open an app called a digital wallet or cryptocurrency wallet & send me the one bitcoin. ( more on how to do this later) After a number of transactions on the blockchain that payment of one bitcoin is confirmed & in my digital wallet. This payment is one way, nobody can stop it or cancel the transaction or do any chargebacks. The only way to get that back is if the person you send it to sends it back. You are your own bank, in charge of your own funds to do with as you please & that’s the power of decentralized currency.
“So what is bitcoin?”
Bitcoin was in fact the first cryptocurrency. It was invented in 2008 by somebody using the name Satoshi Nakamoto and started in 2009 when its source code was released as open-source software. Now nobody really knows who Satoshi Nakamoto really is or even if he really exists as he went missing towards the end of 2010. It has been speculated that he is an unknown person or group of people that created it and the debate still goes on to this day. What we do know is it created a revolution in the world of finance across the planet & can’t be stopped, this train left the station over 10 years ago, its my opinion that now is the time to jump on or get left behind. I believe as do many other people that bitcoin will reach extremley high prices in the future, so high infact that it will almost impossible for the average person to own anything more than a fraction of a bitcoin. So I feel it’s important to at least get a small piece of the pie so to speak & what you may not be aware of is you can purchase any amount of bitcoin right now on well known exchanges like Coinbase. You dont have to buy a whole bitcoin as many people believe, you can just buy what you like. For example, lets say one bitcoin is worth $10,000 but you only have $2500 to buy bitcoin, well then you only purchase a quarter of a bitcoin which would be 0.25 btc. You can buy as much or as little as you like, if only want to buy $100 worth of bitcoin, then you can.
For the most up to date crypto info and regular updates in the world of crypto currency please visit us often.
I wish you the best of luck on your new path to wealth 🙂
DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make. The information contained herein is not intended to be a source of advice or with respect to the material presented, and the information and/or documents contained do not constitute investment advice. None of the authors, contributors, administrators, or anyone else managing this content , in any way whatsoever, can be responsible for your use of the information contained in or linked . All information is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information.