Cryptocurrency

Cryptocurrency

By: William A Rogers

As we move into 2018 one of the things that I recommend that you do is to become more familiar with the concept of cryptocurrency which is now considered to be the most profitable currency in the history of mankind. That is a very strong statement but if you consider the fact that in 2010 one bitcoin was worth about one dollar, now that one bitcoin is worth over $17,000 and that value will increase in 2018. If you invested $100.00 in cryptocurrency January of 2010 you will have an investment of over $21,000,000 by January 2018

Cryptocurrency is an electronic cash system that allows you to make purchases over the internet and send money around the world. It is decentralized currency. Bitcoin was created in 2009 by a pseudonymous developer Satoshi Nakamoto it was the first decentralized cryptocurrency. In time decentralized currency will probably replace centralized currency.

Centralized banking and economic systems such as the Federal Reserve System in the US, and corporate boards and governments thought out the world control the supply of currency by printing units of fiat money (money not backed by gold) or demanding additions to digital banking ledgers. Decentralized cryptocurrency is not controlled by governments or banking corporations.  Deregulation has been viewed to be the reason for this change in currency control.

Deregulation began in the 1970’s some of the most recognized industries that have been deregulated are: Airlines, Railroads, Telecommunications and electricity. Cryptocurrency is the deregulation and decentralization of money.

Many believe the that a major reason for the death of Muammar Gadaffi was motivated by his attempt to develop a collation of African nations to create an 

African bank whose currency would be backed by gold, diamonds and other natural resources in Africa. Had he been successful that African note would have become the most valuable currency in the world, a world whose currency is rapidly becoming devalued by the over printing of fiat money.

The good news is not too late to get involved in the cryptocurrency movement there are now training programs that will help you to understand invest in the cryptocurrency market. Only 1% of the world is involved in the cryptocurrency market it is estimated that close to 2% will be involved by the end of 2019.

There are a number of Cryptocurrencies on the market besides bitcoin which is still number one but if you visit www.coinmarketcap.com you will see about 100 different cryptocurrencies and Ripple coin is now number two and you can now buy one Ripple coin for about $3.00 dollars. This will probably change by the time you read this article.  The trick is learning how to buy, save, trade, and sale cryptocurrencies.

I have discovered a training program that is focused on the basic knowledge necessary to become an active player in the cryptocurrency market. If you would like to learn how you can become a player in this decentralized currency market, send me an email at urbanologysystems@gmail.com or call my office at 646 329-6727 to set schedule an appointment.

 
This year you will start to see cryptocurrency ATM machines thought out the world, Microsoft, IBM, Samsung, JPMorgan Chase and even some fast food chains like Subway will start accepting cryptocurrency. Warning you have to be careful there are a lot of cryptocurrency scams make sure you do your research, contact me if you are intereste