WHAT IS BITCOIN & CRYPTOCURRENCY?
Bitcoin is a digital currency (or cryptocurrency) that was first proposed in 2008 and created in 2009 by Satoshi Nakamoto. Satoshi’s identity is still unknown, many theories exist trying to figure out who he really is. Bitcoin was not the first attempt at making digital money , but it was the first to use a “Blockchain” to keep tally of who-owns-what with Proof of Work to verify transactions.
Bitcoins are created by computers and exist on the blockchain. In the early days, a single bitcoin was worth less than one tenth of a US cent, and they could be easily “mined” by a laptop or home computer. Bitcoin quickly became popular with people who disagreed with the power governments had to devalue their savings by recklessly printing money and the irresponsible behaviour of the financial sector.
Bitcoin gained media attention early on for its use on the “Deepweb” and the online drug marketplace Silk Road but has since been adopted by businessmen, entrepreneurs and charities around the world for its unique features. Bitcoin is changing the way we look at money, in ways similar to how the Internet changed communication 20 years ago.
Conray Labuschagne has become a leading expert globally in Bitcoin and shares his knowledge with attendees at our global wealth creation seminars.
GET STARTED AND INVEST IN BITCOIN TODAY!
WHERE TO BEGIN
It all starts with choosing the right coin to invest in and this is where it’s important to consult with the experts and not just to go with the crowd. By attending our global wealth creation seminars you will be advised by experts that have the knowledge you need to invest wisely and safely.
Next is choosing a wallet and there are a few to choose from ie. Desktop, Online, Mobile, Paper and other crypto wallets available.
Just as with your regular wallet you need to ensure that you secure your online crypto wallet by backing it up, encrypting it or going offline with it to ensure you do not become a statistic. Cyber security is key here.
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