The Future Of Money

in #compumatrix7 years ago

Who knows how long it will take for the world to turn there full attention to digital currency like Bitcoin Ethereum Litecoin etc.. as a payment method? then FIAT paper money like JMD USD EURO etc.. will no long hold any purpose and value, myself and a huge number of people in the world today believe it will happen , the block-chain software is the underlining technology of all digital coins and tokens, the whitepaper was release online by a hidden developer or developers in 2008 just after the Bank crisis crash happened as some know it as the big recession but somehow i have a deep gut feeling that the creator of blockchain see or the know something like that would happen and take advantage of the situation know people will accept digital currency quicker because it serves as a alternative for FIAT, sad to say its more likely to happen again and this will drive the world towards Crypto Currency even more and the demand for the digital currencies will increase which will also boost the value of the coins higher, all coins have a STOP point in creation so inflation won't occur anymore like whats happening with the FIAT money done by banks and governments.

If you didn't know in the world consist of 3 categories 1. Poor 2. Average 3. Rich people and you probably recognize its not that easy to upgrade from one level to a higher level but i have seen a significant shift since the birth of the blockchain and Crypto Currencies in 2008 to today's date Feb 25 2018, poor people becoming wealthy in a matter of months or 2 years the most but the big question is how? it all starts with you having a open mind and believing that this is real then you will take the next step and one step leads to a next until your financial situation is no more.

my advice to you if you manage read everything to this point and didn't scroll quickly past is don't be afraid to take risk because nothing try nothing done or nothing ventured nothing gain also no risk now glory and investing is a good start to create wealth for you and your family and even people around you as well, to benefit from this trending market it will require you to exchange your paper money for digital currencies and don't let the market price per coins trick you because it can be broken down into smaller portion like cents making up a dollar e.g currently one Bitcoin now value $9,752.67 USD but your personal wallet can store as low as 1$ in btc also know as satoshi's, be warned the market fluctuates allot due to people trading with the Crypto Currencies some buying and others selling so for example if you buy $50 worth of bitcoin at the current price of $9,752 then the general price went down your $50 will also go down as well and this is the part that scares many people but what if bitcoin goes upwards instead then your $50 will also go up in value and this is the key part that's making people is getting rich overnight which is the sweeter part so its a risk to somewhat because you can never tell the swing of the market.

as i end this blog article i want to let you know the year i got started and the price per bitcoin and the amount i bought for my first and only time, Bitcoin was around 6 to 700 in 2016 November when i bought $50 worth of bitcoin with the intention to invest it online and grow more so i i was able to buy 1 Bitcoin at the time and just hold it today i would have 9,752.67 USD in bitcoins good growth right!! then i could exchange back to USD then to my currency JMD, my investment risks and actions did grow my income with a few lost here and there but the gain is always greater so i wasn't that much worried about what i lose plus i was fully aware of the risks i'm taking when i invest with my bitcoins but i didnt have to i could just buy and hold, now you have the same opportunity to get involve and don't put all your trust is the corrupt banking system that is bound to fall and be wise split your money if thats the case and take your time and build up a Crypto currency portfolio savings.

Bitcoin isn't the only digital currency there's over 1600 coins and tokens trading online currently and more being created each day by organizations so ask me how you can get some to store and keep secure safely while you carry on with your regular life until your satisfy with the networth of your portfolio, thank you for reading and there's a lot more to it than i wrote so do your own research and educate yourself because in knowledge you will find power.

Done By: Bitcoinvil
Founder of : Risk takers Money Makers
@Caribbean Cryptojamrock.png

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.028
BTC 54349.85
ETH 2284.90
USDT 1.00
SBD 2.32