29.1.17

cpacrsherr

What is Bitcoin and How to Invest in Bitcoin - Turn 0.002 to 16 Bitcoin

IF YOU CAN READ THIS TO THE END AND TAKE ATION, WHO KNOWS, YOU MIGHT BECOME A MILLIONAIRE


What is Bitcoin?
Bitcoin is an international electronic currency. This is a new form of money created on the basis of the programme code which is globally gaining acceptance in the financial world. Bitcoin has become the world’s first decentralised means of payment. Money transfers are made on the peer-to-peer principle without intermediaries between the sender and the recipient.

Bitcoin is a form of currency, just like the regular Naira, Dollars and the rest we know, it is described as the future currency. One of the most valuable, precious and popular digital currency we have is BITCOIN




For you to own a bitcoin, save and spend it, you need to be online to create an account, unlike the Naira that you can store in the physical Banks, drop at home, and in your wallet, Bitcoin has its own wallet (or bank) but it's ONLINE ONLY

When you open an account with a wallet (or Bitcoin Bank) you have access to send or receive Bitcoins via that account, and each person can own as many accounts as you wish.

So in essence, bitcoin can be stored online for you, by you, and you can access and use it anytime with any Internet allowed device

Many online stores and companies now accept bitcoins, including PayPal, Amazon and the rest so even without converting to Naira, you can use Bitcoin to buy and sell directly online

Each Dollar using country have their own unique Dollar with different value, same goes to Euro and the rest, each country has its currency

BUT Bitcoin is accepted *WORLDWIDE* That means, you can spend Bitcoin in any country you find yourself, simply convert it to the country's hard paper money, and viola you are good to go.

Just as the Dollar is greater than the Naira with over ₦400 to $1 (meaning 1 Dollar is worth more than 400 Naira); the Bitcoin is greater than the Naira with a mind-blowing sum of over ₦244,000 to 1BTC (meaning that 1 bitcoin (BTC) is worth over 244,000 Naira), amazing right

1 Bitcoin is valued more than $900 Dollars as am writing this and that makes the Bitcoin the most valuable currency on planet earth (worldwide)

Euro, Naira, Dollar and the rest are physical hard currency, that means, we can see and touch them BUT Bitcoin is not Physical money rather it's Electronic money, this is money which exists only in banking computer systems and is not held in any physical form, Bitcoin is not hard currency rather it's (what we call) cryptocurrency: - a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank: "decentralized cryptocurrencies such as Bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation" meaning IT CAN'T BE SEEN AND TOUCHED, but it has value too and can be spent likewise
Therefore, since we can't see or touch Bitcoin, how then do we acquire, save and spend it

I will come to that later history of bitcoin http://historyofbitcoin.org/



DIGITAL CURRENCY ADOPTION BY GOVERNMENTS
As of 2016, over 24 countries are investing in distributed ledger technologies (DLT) with $1.4bn in investments. In addition, over 90 central banks are engaged in DLT discussions, including implications of a central bank issued digital currency.

Canada
The Bank of Canada have explored the possibility of creating a version of its currency on the blockchain
The Bank of Canada teamed up with the nation’s five largest banks — and the blockchain consulting firm R3 — for what was known as Project Jasper. In a simulation run in 2016, the central bank issued CAD-Coins onto a blockchain similar Ethereum. The banks used the CAD-Coins to exchange money the way they do at the end of each day to settle their master accounts.
China
A deputy governor at the central bank of China, Fan Yifei, wrote that “the conditions are ripe for digital currencies, which can reduce operating costs, increase efficiency and enable a wide range of new applications.”. According to Fan Yifei, the best way to take advantage of the situation is for central banks to take the lead, both in supervising private digital currencies and in developing digital legal tender of their own.

Denmark
The Danish government proposed getting rid of the obligation for selected retailers to accept payment in cash, moving the country closer to a "cashless" economy. The Danish Chamber of Commerce is backing the move. Nearly a third of the Danish population uses MobilePay, a smartphone application for transferring money.

Netherlands
The Dutch central bank is experimenting with a bitcoin-based virtual currency called “DNBCoin”.

Russia
Government-controlled Sberbank of Russia owns Yandex.Money - electronic payment service and digital currency of the same name.

South Korea
South Korea plans national digital currency using a Blockchain. The chairman of South Korea’s Financial Services Commission (FSC), Yim Jong-yong, announced that his department will “Lay the systemic groundwork for the spread of digital currency.”

Switzerland
In 2016, a city government first accepted digital currency in payment of city fees. Zug, Switzerland added bitcoin as a means of paying small amounts, up to SFr 200, in a test and an attempt to advance Zug as a region that is advancing future technologies. In order to reduce risk, Zug immediately converts any bitcoin received into the Swiss currency.
Swiss Federal Railways, government-owned railway company of Switzerland, sells bitcoins at its ticket machines.

United Kingdom
The Chief Scientific Adviser to the UK government advised his Prime Minister and Parliament to consider using a blockchain-based digital currency.
The chief economist of Bank of England, the central bank of the United Kingdom, proposed abolition of paper currency. The Bank has also taken an interest in bitcoin. In 2016 it has embarked on a multi-year research programme to explore the implications of a central bank issued digital currency. The Bank of England has produced several research papers on the topic. One suggests that the economic benefits of issuing a digital currency on a distributed ledger could add as much as 3 percent to a country’s economic output. The Bank said that it wanted the next version of the bank’s basic software infrastructure to be compatible with distributed ledgers

Ukraine
The National Bank of Ukraine is considering a creation of its own issuance/turnover/servicing system for a blockchain-based national cryptocurrency. The regulator also announced that blockchain could be a part of the national project called "Cashless Economy".

Nigeria
A former Deputy Director of the CBN and senior lecturer with the Department of Economics, University of Lagos, Dr. Emmanuel Balogun explained that e-payments have come to replace the traditional fiat money.
“In a country like ours which is fully reliant on hard currencies, the e-payment money would be of a significant advantage to the CBN. It is not that CBN is just going into it, it is already a policy. The technology is based on what we call Real Time Gross Settlement (RTGS). This time around, you have direct access to your account irrespective of your bank and where it is located and that is why you can draw from your ATM card anytime and anywhere in the world. That’s what we are talking about" Balogun said.

HOW YOU CAN BE A MILLIONARE
Hey, is time to talk to you, yes you, tell me if you squeeze ₦1,500 and throw it away into the river, will you die?

If your answer is YES. Please stop reading and close this page.

But if your answer is NO, I want you to throw (INVEST) that ₦1,500 ($5) into this company that will grow your Bitcoin form 0.002 BTC (approximately ₦1,500) to 16 BTC ($14,400) between 8 -12 weeks guaranteed.

16BTC * $900 = $14,400

The above calculation is a very rough estimate, is was done using the rate of bitcoin at $900 to 1Bitcoin.

But the value of Bitcoin will definitely, continue to increase, why, because in 2009, 1 Bitcoin was equivalent to $0.50 (half a Dollar) but today it is $900). So, if for instance the value of Bitcoin in 2018 increases to $2,000 to 1 Bitcoin.

16BTC * $2,000 = $32,000

Then 16 Bitcoin would be $32,000 convert this to your country currency and tell me if is something you want to try

THE WHOLE PRODCEDURE
Welcome to the Bitcoin investment program that you can grow your one-time investment of 0.002 Bitcoin between 4 to over 7 Million Naira in 8-12 weeks guaranteed.

First, you need a Bitcoin wallet account, this account will hold your Bitcoin, create one here for free https://www.coinbase.com/join/587b95da804ce970366df9ee

Secondly, you can register on the BTC investment site through this link https://btcinvestments.co.za/ref/2e2ca8b2d3/register

NOTE: Don’t rush to create account on this site if you are not ready for the investment, because your account will be deleted after 24 hours, you must open Bitcoin wallet and fund it with 0.002 Bitcoin before you create an account,

HOW DO I FUND MY BITCOIN WALLET?
Is very simply, the admin of this WhatsApp group will be able to do that for you at N1,500 only, join this WhatsApp group for more https://chat.whatsapp.com/2FLAtrl3Di85eONIY7U5T7

HOW IT WORKS
HERE IS A STRATEGY THAT WILL ENABLE YOU TO REACH YOUR GOALS FOR YOUR CAUSE IN THE SHORTEST TIMEFRAME

(whenever you see something like 2 x 0.002 below, it simply means 2 persons will pay you 0.002 Bitcoin each and so on)

LEVEL 1:
STARTER. Pay your referrer 0.002 Btc
You will get 2 x 0.002 Btc = 0.004 Btc


LEVEL 2:
RUNNER. Pay your up line 0.003 Btc
You will get 4 x 0.003 Btc = 0.012 Btc


LEVEL 3:
PACER. Pay your up line 0.01 Btc
You will get 8 x 0.01 Btc = 0.08 Btc

LEVEL 4:
FINISHER. Pay your up line 0.05 Btc
You will get 16 x 0.05 Btc = 0.8 Btc

LEVEL 5:
WINNER. Pay your up line 0.5 Btc
You will get 32 x 0.5 Btc = 16 Btc

Last level, no more upgrades = 16.331 Btc

WHATS APP GROUP CHART
Welcome to BTC investments WhatsApp group, https://chat.whatsapp.com/2FLAtrl3Di85eONIY7U5T7 where a group of likeminded people come together as a community, and teach each other to invest in the smallest denominations, with the focus on educating and helping each other, to new ways of investing and growing wealth and knowledge?

Share it with urn contacts, I mean those of your friends and family's that has not been register and were not in the general group. Please kind share the group link with them.so when they join the link we will talk them into the business .here is the group link again
Register here if  you are new https://btcinvestments.co.za/ref/ceefc8649a/register

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