"Big Day For The CryptoCurrency Investor Summit Hong Kong"
What We Learn
*The Basics: What is Cryptocurrency and the Technology behind it?
*How Blockchain technology is changing the way we bank, transact, pay and consume.
*Using Blockchain technology in your businesses.
*The Potential of digital currencies in both developing and developed economies.
*Cryptocurrency Mining: Getting started as an individual.
*How regulatory bodies worldwide react to cryptocurrency, and how to overcome them.
*The future of financial products and services in an age of disruption.
*5 Things To Know About CryptoCurrency
*What is CryptoCurrency?
It is one of the hottest debated topics today. You've probably heard about the incredibly popular "Bitcoin". but that's merely one out of the hundreds of different digital currencies out there in the crypto realm. Cryptocurrency uses cryptography to deal with the decentralised system including transferring, generating and keeping the distrtibuted ledger available to everyone.
The recent rise of *Ethereum, a new cryptocurrency, has again ignited the topic among its developers, enthusisasts and novices that simply want to get in on every investment trend.
Cryptocurrencies can be unstable
The two most popular cryptocurrencies in the world right now are Bitcoin and Ethereum.
2.Mining
Mining is the process of gathering the crtyptocurrency from the market which requires great monetary investment or commitment.
ICO (Initial Coin Offering)
ICO is much more similar to crowd funding, such as KickStarter or IndieGoGo. The Products/Services and offerings are generally a work in progress. and investors inject funds with the hopes that the project in question succeeds.When you invest, make sure you're Investing in a platform that offers you one of 3 things; Rewards, Utility and Security.
Legality( Is it actually legal to mine cryptocurrencies?
In Countries like Bolivia and Saudi Arabia which completely banned anything related to crypto. Howerver major countries don't have a ban on cryptocurrency but rather some regulations on how they should be distributedand taxable on Bitcoin transaction.
The Future
The future is extremely positiveas the crypto market is growing with new cryptocurrencies. Startup businesses are also popping up taking advantage of the ICO to build funds.
""Whether you decide to go into cryptocurrency or not what you'll be receiving at the end of the day.If a particular cryptocurrency allows you to purchase products or service at a fraction of the price,or allow you to make money of it, go for it! "Justbe sure to practice due diligence first.
""These are the people I introduced Steemit""
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