So over the last 5 years, I have embarked on an incredible journey with Cryptocurrency.
I have been blessed to be part of an industry that experts are saying is going to change the world & the way we use and transact money forever. I have gained vast knowledge and experience by travelling the world teaching and educating people on this subject. Being able to see different cultures adopt cryptocurrency into their lives is truly a blessing.
People are waking up and now realise we no longer need the outdated banking system & Government issued currency. Let’s be honest is the biggest scam in the world., but that is another story for another day.
The world’s greatest Economic challenge to change the world financially forever has begun!
The economy of any country since the 2008 financial crisis has been a real struggle and downturn for the billions of people around the world.
Cost of living is on the rise and the more money the governments print, the less value it has to our society.
They are devaluing your wealth.
You are now working harder for less!!
The time for a change is NOW and the Cryptocurrency world is a booming. A product that is debt free, inflation proof, has a fixed supply, is More secure and safer than any bank,
What one would you prefer???
There are now over 850 different coins on the market today that all have different functions & qualities, some none at all
What are the best coins on the market today?
The Race is on.
With Precision timing and the economy in desperate need for a change, there is now a perfect opportunity and a chance to really lead the race.
The concept of Blockchain Technology & Cryptocurrency enters us into a new realm of how we conduct finance and business.
There is NO doubt about it this will change the way we use and transact money forever.
The world is moving through a tremendous paradigm shift in a new digital era and the way we conduct our lives.
Some of the biggest digital currencies in the world may have what it takes; some may not. In my opinion here is where I see some of the top Cryptocurrencies in the race.
Litecoin is a decentralised Cryptocurrency with 84 Million coins available and has a Faster transaction processing time than Bitcoin.
The Litecoin Blockchain is updated every two and a half minutes, so it is super fast.
There is no usability yet with Litecoin even though it has been around for many years now. I would say there is a chance this will succeed but In my opinion, to achieve massive success, Litecoin needs to gain more awareness even though the cost is still very low, I think it could gain more momentum soon.
Litecoin is securely stored in a wallet on your computer, tablet, phone or laptop.
Download yours and start sending and receiving payments with an address and a click.
Only time can tell if it will be a frontline winner.
This Digital currency provides Global financial settlement solutions via Bank to Bank transactions technology. Ripple has Instant cross-border payments with any currency to any currency.
It is very well respected, and rumours are some very big organisations will have a huge role to play with Ripple’s success in the future.
With 100 billion coins available in their arsenal this coin could be a huge contender if they decide to bring it to the marketplace as a consumer based Cryptocurrency.
If Ripple decides to merge this into a consumer Cryptocurrency, it has a unique setup and tremendous potential to be one of best on the market. Ripple is one my favourite coins available today.
Instant, certain, low-cost international payments
Ripple could be one to watch for the future.
You can get a more in depth look at Ripple here
The concept of Ethereum is a Public Blockchain platform helping developers to build and publish distributed applications.
Launched in 2014 Ethereum is more advanced than the Bitcoin Blockchain. You can place any business within the Ethereum system. It is a platform that can also function with Smart Contract functionality. , Ethereum is a decentralised software platform that enables SmartContracts and Distributed Applications (ĐApps)
Smart Contracts offer transparency and trustworthy with pre-written logic (computer code) attached and also gives us distributed accurate calculations that are self-executing binding contracts.
There are very beneficial benefits for businesses around the world that will store and secure valuable information and run full payments for you from the Blockchain.
We know that the Blockchain is a very powerful and a valid source of information, so when you add smart contracts in place on top of the Blockchain, it will be one of the most advanced technological advancement of our lifetime.
The music industry, mortgages, loans, health care, medical every industry in the world is about to be disrupted because of the Smart Contract concept.
Musicians are a great example, they write and record songs, and then the record label will claim a huge percentage of the profits.
This means Artist may lose the royalties they rightly deserve. Smart Contract concept will allow them to sell their songs, and people will be buying directly from the artist, and they will gain royalties as and when the songs around the world are sold, Via the Blockchain.
This will be an industry game changer for musicians and many other industries around the world.
The Smart Contract will have all the details of the royalties pre-written in, and the Blockchain will execute and verify this sale or play of the song straight to the artist.
Ethereum also has joined forces with Microsoft for Blockchain developments which will now be a huge player in the space of Blockchain Technology.
Ethereum is really moving in the right direction so I highly advise you take a serious look further into this platform as experts are saying the price will increase far greater here than what Bitcoin has achieved. This is the most advanced Blockchain platform on the market, It is a world computer that will act as the next internet, It is simply mind blowing what has been created here by genius Vitalik Buterin.
Ethereum is designed as a world computer that will act as the next internet, It is simply mind blowing what has been created here by genius Vitalik Buterin.
I advise you purchase as much as you can afford, as the price is about to explode.
Dash allows instant transactions but is entirely anonymous which allows for low fees with a peer to peer system and only 22 Million coins in supply and this could be a player in the space, it really has grown in value over the last few months.
In my opinion, Dash is just getting started So it might be worth considering and adding to your portfolio
Use Dash to make instant, private payments online or in-store using our secure open-source platform hosted by thousands of users around the world.
At Dash’s core is a unique fully-incentivized peer-to-peer network. Miners are rewarded for securing the blockchain and masternodes are rewarded for validating, storing and serving the blockchain to users.
Masternodes represent a new layer of network servers that work in highly secure clusters called quorums to provide a variety of decentralised services, like instant transactions, privacy and governance, while eliminating the threat of low-cost network attacks.
Bitcoin is the grandfather of Cryptocurrency and is the most well-known around the world for now. Bitcoin was the first mover in the space, and if you look back over history, the first mover in any technology hardly ever stays in a dominant position, but I am not sure it has enough to be a reserve Cryptocurrency.
it really is gaining a lot of attention right now is the media darling and always in the spotlight. The price continues to skyrocket as the demand becomes stronger and people become more aware of the concept.
However, there are some flaws that are holding Bitcoin back from really dominating the race in a few years time I see other coins surpassing Bitcoin, technology and price wise too.
Here is why –
There have been some cases of hours in delay for your transaction to process on the Blockchain.
Here are just a few small facts that will also show why it may or may not become the people’s choice in the next few years?
– There is Only 21 million coins are available.
That is not enough to become a Global Reserve Currency
– Bitcoin only has a few hundred thousand stores accepting the currency in 2016
-Bitcoin is limited and not the easiest to use
– Bitcoin has no education to help people understand the concept of how it works
-The blockchain is very limited and slowing down operations.
Bitcoin will be a huge contender no matter what my views are on the technology, so If you were to own one Bitcoin for future use, you have a tremendous potential for huge profit. Do NOT dismiss this coin.
Monero is a secure, private, untraceable currency. It is open-source and freely available to all. With Monero, you are your own bank. Only you control and are responsible for your funds, and your accounts and transactions are kept private from prying eyes.
The fastest way to start using Monero is with a web account manager such as MyMonero.
Alternatively, if you would like to run a full Monero node you can download the client and a kick-starter blockchain (to bring your local client up to speed) using the download link on the right.
Golem is a global, open sourced, decentralised supercomputer that anyone can access. It’s made up of the combined power of user’s machines, from personal laptops to entire data centres.
Anyone will be able to use Golem to computer (almost) any program you can think of, from rendering to research to running websites, in a completely decentralised & inexpensive way.
The Golem Network is a decentralised sharing economy of computing power, where anyone can make money ‘renting’ out their computing power or developing & selling software.
I hope this brief overview of the Cryptocurrency industry finds you well and helps you to make an informed decision and start your journey today. If you would like to further your education and make the correct decision, please get back to the person who showed you this post.