Cryptocurrency worldwide educated by two Dutch guys!

Two years ago, two men met each other at a cafe in the old building of the taxing services of the Dutch Government in Haarlem a city close to Amsterdam. One was standing there with his opened laptop and the other stepped to him, becoming curious because he started talking about cryptocurrency as the future of payments....

Both could not have predicted that they were going to work 24 hours a day on their mutual goal, making the Cryptocurrency Academy an international orientated company.

Together with Thom Bouman (web) and Andre Tops (Sales) they educate and inform people all over the world about how cryptocurrency is changing businesses and... also the life of many people.

Marcel Ott
I was very skeptical about the Bitcoin concept, never heard about the so called underlying blockchain technology. I started with Googling about this topic. But you know when you Google 'cough'...you immediately have a lung disease...I soon concluded that Internet was a way to find information but it if one look for the most trustful info one should dig deeper and longer. So besides the filtered and our double checked information on the net we travelled around the world to see how things really was working. I was amazed to discover a whole worldwide movement of people that is looking for and finding trust in new ways of payments without banks and other middle men in between.

Three years ago, the mother of my daughter, my wife passed away. I became a one-man-army with a 13 years young daughter and I felt very vulnerable...What happened when I am not able to earn money? Or even worse...what if I, myself, pass away. I wanted to leave my daughter having a kind of financially safe haven. So after doing research and met a great business partner at a bar with his laptop open...My wife said before she left...Look, I am leaving a bit earlier than you or someone else who live now...For me, this is the motor, the burning fire to live the life the fulliest. Enjoy this short stay and embrace what is coming on your way. That was my lesson...so...I jumped into the world of crypto...24 hours a day. Full on.

Jørgen Welsink
I have worked in the old fashioned financial banking industry and I know that the traditional way of dealing with money and creating it by building just giant debts was not the way the world economy would run on a properly. The whole monetary system, as it currently is going to collapse. Having two kids, I have been looking for a plan B. What if the Monetary system collapses, how can I take care of my family.

Always being interested in technology I was looking at Bitcoin (the first cryptocurrency) in the early stages (2009) however as a lot of people, I was hesitant to jump in at that stage.

Beginning 2015 I was invited to join a company who was doing a coin offering*. In that time I realized that this could change the whole financial system and the way we are going to do, as entrepreneurs and as consumers, our payments. A few months later I was sitting in the restaurant of my office building and started talking to Marcel about this.

Marcel
When do something with our money we all have to rely on the banking system. But since the banking crisis in 2008 and since Bitcoin and other cryptocurrencies* came on stage we have a great alternative in using another form of paying than we used to have. If your trust in the banks is decreasing and you also just noticed that you can save on your banking fees and costs by accepting numerous forms of cryptocurrencies you have a great alternative in your business pocket. And...it is also doing well as a marketing tool that you, as an entrepreneur, as a company, can tell your customers that you are accepting cryptocurrencies!

What is cryptocurrency?
A good definition of cryptocurrency is: a safe and secure way of paying with and accepting an alternative digital store of value.

Marcel
We noticed that companies, in whatever segment or industry they operate, have a need for an alternative payment system that is faster and cheaper than the current ones like the PayPal's and the IDEAL's we know. Especially when you do cross border payments the costs are even higher. With Cryptocurrency you have a payment system that can be much cheaper. And more and more people will have a crypto wallet* on their mobile device

What is a cryptocurrency wallet?
There are many misunderstandings about how your crypto coins are stored on your phone or laptop or even in the cloud. Well...they are not stored in that sense. If your Phone will be stolen.... your coins are still safe. Why? Because the decentralized ledger where you can read how much coins you have is connected to your public key (kind of bank account number) and is kept in the blockchain and is checked by all decentralized computers that are connected to the so called blockchain. The ledger is in comparison with ledger of your bank account public and safe. Everyone can see the ledger but cannot change or alter the transactions. With Bitcoin the transactions are anonymous...meaning no one can see which wallet address is exactly yours. For keeping your coins safe the only thing that you do not share is your private key, your so-called pin code. You keep them away from everybody by storing this key in a safe way.

What is the blockchain?
Blockchain is the technology that makes Bitcoin so valuable, because it removes the need for costly third parties (like banks and credit card companies) to check transactions. With blockchain, people can now exchange money without the needed trust of those third parties. That's revolutionary! The 'founder' is Satoshi Nakamoto from we only know that we don't know if it is a real person or a group. We sure know that he was the one that solved the so called 'double spend'-problem. If you send an e-mail or a digital photo to someone, you have a copy of this e-mail or photo. When you want to send digital money to someone you want to be sure that this really has been transferred from one to another without leaving a copy behind. If that still was happening than you have the double spend problem because the same money could be spend limitless. That is why we needed third parties to check these ledgers. But not anymore because Satoshi Nakomoto solved this problem. So, he created something that could have value without being checked by any third party. The bitcoin was born. Every bitcoin transaction will be recorded with some information about the owners of the coin on the so called public digital ledger (validated and confirmed) by a worldwide network of computers running the same open sourced software. This is called a decentralized network because there is no central organization that keeps control over it. The power of the banks having control over our payments and our money is from that on decreasing because people have now an alternative: an internet of trust and value without the greed of the middle man.

What is an ICO?
You can see an Initial Coin Offering (ICO) as a fundraising method for a company that has a great innovative idea most of the time connected with blockchain technology who will issue investors a token or coin in return for the investment in the company. The benefit of the investors is the promise that their coin will rise in price if the company is successful with their product or service.

What is mining?
Satoshi Nakamoto knew that he had to bind and reward the network of computers for adding transaction records to Bitcoin's public ledger of past transactions. All these so-called nodes solve difficult mathematical problems. If they solve them, they are rewarded with Bitcoin. Every certain period the mathematical problems are getting more and more difficult to solve. Also, the reward system is well thought. Every four years an event will take place on the Bitcoin network: the amount of new bitcoins created and earned by the so called 'miners' (people who have their computers running on the network) is about to be cut in half. So, it will become harder and harder to get a Bitcoin. The mining process will end because there is a finite numbers of bitcoins (21 million) that can be mined. That in contrary with all the fiat currency in the world where as central banks still printing extra money with their motive to bring the economy to life and making your euro or dollar almost worthless. Bitcoin and other cryptocurrencies can keep their value because the need for bitcoin will stay high just like gold...because of the scarcity.

Jørgen Welsink:
We are studying the whole landscape of cryptocurrency. We inform our members about all aspects of cryptocurrency. From mining, the so-called creation of the crypto coins by high tech computers till how to buy and sell your coins on an exchange. We travel over the globe to hear about the next ICO. We study now also the next thing in crypto called masterminding. If you hold some coins in your wallet your computer can be part of the decentralized network of the crypto coin as a masternode. Your computer or a cloud server will be the digital door for checking and validating payments for this coin. You will be rewarded for that by receiving coins on a daily basis. We have now running some of these masternodes and this gives us a yearly automatic income that makes our faces smile. We are doing this also for our clients that are interested in taking a stake in this next thing in crypto.

Cryptocurrency Academy (founded by Jorgen Welsink, Marcel Ott, Thom Bouman and Andre Tops) is a worldwide educational platform for users of, and participants in cryptocurrency. With the special 1-on-1 approach and on -and offline courses you'll be ready to make well thought decisions on the cryptocurrency market.

Stay in touch and wait for the English version of their E-book.