About 40 years ago people started using computers and this changed things forever. Twenty years ago the Internet arrived and altered our lives again. New technologies revolutionise how people do things and this creates income opportunities that enable many people to make lots of money.
The NEXT BIG technology revolution is already here as more and more people start using the new digital Internet “money”, instead of outdated paper money.
This concept is very new and most people are not yet aware of it, although “bitcoin” is now mentioned more and more frequently in our news. World wide acceptance of this new revolutionary technology is where the Internet was 20 years ago.
How will “money” be viewed in the future? A newspaper headline from April 2015, gives a clue: “Greece will adopt Bitcoin if Eurogroup doesn’t give us a deal. We have had enough, we’ll run on Bitcoin.” (Yanis Varoufakis, Greek Finance Minister)
So What Is Bitcoin And Crypto Currency?
Crypto currency is mathematically generated “medium of exchange” – sometimes referred to as virtual currency or internet or digital money.
For fuller explanation go to: http://tiny.cc/dpijwx
Bitcoin is the earliest and best known example. It was created in 2009, but its wider commercial use did not commence until 2011. Today there are many crypto coins (or altcoins) with varying characteristics, depending on the algorithm used and the reason for their creation.
Bitcoin and other altcoins can be purchased online from many crypto coin exchanges or special ATM machines. We already have Bitcoin ATM machines in Sydney and Melbourne.
This virtual – digital “money” is becoming increasingly popular for transmitting funds or making payments. It is a free, simple peer to peer transaction without national borders and is available to anyone with a smart phone and internet access. Sending or receiving funds is a just matter of exchanging of codes via internet. Unlike government issued money, crypto currency is not controlled by any authority and its value depends only on supply and demand.
Crypto currency can be stored on any electronic device with internet access – including mobile phones. Sending Bitcoin online is like sending a code via email. Paying with Bitcoin in a shop, involves scanning a QR code.
Crypto currency is starting to cause the largest transfer of personal wealth in the world’s history. Understandably, the banks are not happy about losing control of “their” money and their trillion dollar profits they collect from money transmissions.
However, just like the internet, crypto currency is here to stay. Many nations are now examining how to integrate crypto currency into their fiscal economies – as are New York Stock Exchange and NASDAQ.
Who Benefits From Crypto Currency?
Increasing numbers of people are getting involved. The largest groups are:
• Money remitters – Since there are no transfer fees, there are big savings compared to bank or Western Union charges.
• Investors – Industry growth and value fluctuations enable people to buy low and sell high.
• Merchants – Businesses can attract more customers by offering an additional payment method. Bitcoin is now accepted by a growing number of businesses, including Dell computers, PayPal, Overstock.com, Rakuten.com, Webjet, Virgin Galactic etc.
• Promoters /Marketers – Crypto currency companies are starting to pay big money to promoters of their altcoin.
• Young People – Paying with Bitcoin from their mobile is the new status symbol.
Change Brings Opportunity
Over the past 20 years, the internet altered many industries and gave rise to many new income opportunities. The growing use of crypto currency is now doing the same.
At present, there is a LOT of money on the table for people who recognise this fact and act.
Anyone with only $100 and a bit of foresight can start making money in this new rapidly evolving industry. “First movers” have a huge advantage, because positioning yourself “in front of the global wave” can pay big dividends later.
In theory, as user numbers grow, so demand and value of coins increases.
By January 2014, Bitcoin value had topped $1,000 and had attracted investors world wide.
However, we now have new generations of crypto coins that have considerable advantage over Bitcoin. One such coin is the recently listed GCR coin, which unlike Bitcoin, is bullion backed and is promoted internationally for faster value growth.
This coin is obtainable online from a Texas based corporation (Global Currency Reserve), which provides an automated coin “mining” service to the public. With a low mining cost of around 12 cents per coin, mined GCR coins are well placed for future gain and good ROI.
GCR coin was introduced in July 2014 and was publicly listed in July 2015. People from more than 150 countries now use GCR’s coin mining service for investment.
Unlike Bitcoin and other altcoins, GCR has over 20 internationally based marketing teams that establish merchants who will accept GCR coin and receive special benefits. This kind of market expansion increases public awareness of the coin, coin circulation, and coin value.
GCR also has an optional weekly income program, for people who wish to promote GCR’s mining service. This has become quite popular, because many see it as “easy money” in a rapidly expanding industry.
GCR appeals to new investors, because they can try a short 30 day coin mining run without further commitment. The company offers five 30 day mining packages, costing from US$70. Each package includes a website with coin wallet, instructions, training and ongoing support. A mining package with a high hash rate will produce over 20,000 coins in 30 days and these coins can be sold later for profit. Additional 30 day mining renewals are optional. www.newera.gcrmarketing.com or www.gcrfaststart.com
There are many other “coins” that offer a variety of money making opportunities. Unfortunately, this evolving industry is also attracting scammers who play on people’s ignorance by offering programs based on “home made” digital tokens that pretend to be genuine crypto currency.
If you would like more information or a free brochure on this subject, then please call 0432 500 411 or email your request and details to coins@ausiegcr.com