BITCOIN IS PROBABLY GOING TO BE THE FIRST GLOBAL DIGITAL CURRENCY SINCE IT HAS GAINED POPULARITY AND VALUE BEYOND EXPECTATIONS AND NOW THERE IS NO LOOKING BACK.
Hi!
Writing is my hobby and passion. Here I write about Bitcoin which I feel is very unique in itself. When it was created in 2008 it might not be so important and unique since there are so many digital currencies just like bitcoin.
In fact I always feel that if in 2008, the so called founder of Bitcoin Satoshi Nakamoto, comes to me and told me about his creation and the idea behind it, I would have surely taken it as a joke.
Its only 4-5 years down the line that you realise what he has made. I a sure even he didnt had least idea what he has made and how this so called "Bitcoin" would come up in the years to come.
Of late there has been news of one Mr Craig Wright declaring himself as the inventor Satoshi Nakamoto. He may or may not be right. In fact Bitcoin today has grown and appreciated to an extend when it doesnt matter who was the creator. Today it is in open source and being used widely over 140 countries.
Writing is my hobby and passion. Here I write about Bitcoin which I feel is very unique in itself. When it was created in 2008 it might not be so important and unique since there are so many digital currencies just like bitcoin.
In fact I always feel that if in 2008, the so called founder of Bitcoin Satoshi Nakamoto, comes to me and told me about his creation and the idea behind it, I would have surely taken it as a joke.
Its only 4-5 years down the line that you realise what he has made. I a sure even he didnt had least idea what he has made and how this so called "Bitcoin" would come up in the years to come.
Of late there has been news of one Mr Craig Wright declaring himself as the inventor Satoshi Nakamoto. He may or may not be right. In fact Bitcoin today has grown and appreciated to an extend when it doesnt matter who was the creator. Today it is in open source and being used widely over 140 countries.
why bitcoin?
IOne reason I took this topic to write about was that I am quite confident that there is no looking back for Bitcoin. It has crossed that threshold level and now it has to only grow.
Since it has to grow, each one of us has to understand and educated what is it and how can we create, buy and sell. Yes, you heard me right. Create!! We can ourselves create! We can create this digital currency - thats what is called Bitcoin Mining.
Bitcoin Mining : Business of Making money!
When I learnt about Bitcoin Mining, I realised, it is the business of making money. Then I really felt, yes this is the topic I should talk and educate about : BITCOIN
Since it has to grow, each one of us has to understand and educated what is it and how can we create, buy and sell. Yes, you heard me right. Create!! We can ourselves create! We can create this digital currency - thats what is called Bitcoin Mining.
Bitcoin Mining : Business of Making money!
When I learnt about Bitcoin Mining, I realised, it is the business of making money. Then I really felt, yes this is the topic I should talk and educate about : BITCOIN
Why Not Bitcoin !!
If Satoshi Nakamoto had told me in 2008 about his creation, I would have definitely laughed at him. In 2009 when he uploaded Bitcoin Software to open source, there were no takers. Value of Bitcoin was probably few cents but there were no buyers. Why would there be, it was just like a fake currency.
What happened in the years to come, is a matter of research and findings. I myself heard the name Bitcoin for the first time just few months back. But instead of researching what happened during these years, if I google Bitcoin today, I find it is being traded in 140 countries and has value around USD 460. It is accepted in various global retail outlets and you can buy almost anything with Bitcon online. It is being traded at several stock exchanges including NYSE. About 1600 ATMs have been opened globally. People in US and Europe prefer converting their hard earned money into Bitcoin and storing them in their e-wallets rather than keeping their hard earned money in saving accounts of their banks. All this definitely implies one thing - Bitcoins have reached a level from where they cant die. They are bound to spread more and more. So the thought came :
Why not Bitcoin!!
What happened in the years to come, is a matter of research and findings. I myself heard the name Bitcoin for the first time just few months back. But instead of researching what happened during these years, if I google Bitcoin today, I find it is being traded in 140 countries and has value around USD 460. It is accepted in various global retail outlets and you can buy almost anything with Bitcon online. It is being traded at several stock exchanges including NYSE. About 1600 ATMs have been opened globally. People in US and Europe prefer converting their hard earned money into Bitcoin and storing them in their e-wallets rather than keeping their hard earned money in saving accounts of their banks. All this definitely implies one thing - Bitcoins have reached a level from where they cant die. They are bound to spread more and more. So the thought came :
Why not Bitcoin!!