Our seminars and one on one sessions assist you in setting up your bitcoin and cryptocurrency digital wallets, exchange trading accounts, security options and phone apps to help you navigate around this exciting and evolving space.
We get you set up correctly and provide education to take away a lot of the confusion commonly encountered by anyone getting into these evolving markets.
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We believe the future for cryptocurrencies is enormous especially in bringing banking style options to the world.
It is a truly peer to peer medium of exchange of value.
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"Bitcoin is not a company. It is not an organisation. It is a standard or a protocol just like TCP/IP or the Internet. It is not owned by anyone. It operates by simple mathamatical rules that everyone that participates in the network agrees on. Through this simple mechanism, through this invention of Satoshi Nakamoto, bitcoin is able to allow a completely decentralised network of computers to agree on what transactions have occurred on a network, essentially agreeing on who currently has ownership."*
* 'The Internet of Money' by Andreas M. Antonopoulos *
Why use Digital Cryptocurrency? - 10 Good Reasons
1. It’s fast
When you pay a cheque from another bank into your bank, the bank will often hold that money for several days, because it can’t trust that the funds are really available. Similarly, international wire transfers can take a relatively long time. Digital currency transactions, however, are generally far faster.
2. It’s cheap
What’s that you say? Your credit card transactions are instantaneous too? Well, that’s true. But your merchant (and possibly you) pay for that privilege. Some merchants will charge a fee for debit card transactions too, as they have to pay a ‘swipe fee’ for fulfilling them. Digital currency transaction fees are minimal, or in some cases free.
3. Central governments can’t take it away
Remember what happened in Cyprus in March 2013? The Central Bank wanted to take back uninsured deposits larger than $100,000 to help recapitalize itself, causing huge unrest in the local population. It originally wanted to take a percentage of deposits below that figure, eating directly into family savings. That can’t happen with digital currency. Because the currency is decentralized, you own it. No central authority has control, and so a bank can’t take it away from you. For those who find their trust in the traditional banking system unravelling, that’s a big benefit.
4. There are no chargebacks
Once digital coins have been sent, they’re gone. A person who has sent bitcoins cannot try to retrieve them without the recipient’s consent. This makes it difficult to commit the kind of fraud that we often see with credit cards, in which people make a purchase and then contact the credit card company to make a chargeback, effectively reversing the transaction.
5. People can’t steal your payment information from merchants
This is a big one. Most online purchases today are made via credit cards, but in the 1920s and ’30s, when the first precursors to credit cards appeared, the Internet hadn’t yet been conceived. Credit cards were never supposed to be used online and are insecure. Online forms require you to enter all your secret information (the credit card number, expiry date, and CSV number) into a web form. It’s hard to think of a less secure way to do online business. This is why credit card numbers keep being stolen.
Digital currency transactions, however, don’t require you to give up any secret information. Instead, they use two keys: a public key, and a private one. Anyone can see the public key (which is actually your address), but your private key is secret. When you send a coin, you ‘sign’ the transaction by combining your public and private keys together, and applying a mathematical function to them. This creates a certificate that proves the transaction came from you. As long as you don’t do anything silly like publishing your private key for everyone to see, you’re safe.
6. It isn’t inflationary
The problem with regular FIAT currency is that governments can print as much of it as they like, and they frequently do. If there are not enough US dollars to pay off the national debt, then the Federal Reserve can simply print more. If the economy is sputtering, then the government can take newly created money and inject it into the economy, via a much-publicised process known as quantitative easing. This causes the value of a currency to decrease.
If you suddenly double the number of dollars in circulation, then that means there are two dollars where before there was only one. Someone who had been selling a chocolate bar for a dollar will have to double the price to make it worth the same as it was before, because a dollar suddenly has only half its value. This is called inflation, and it causes the price of goods and services to increase. Inflation can be difficult to control, and can decrease people’s buying power. Bitcoin was designed to have a maximum number of coins. Only 21 million will ever be created under the original specification. This means that after that, the number of bitcoins won’t grow, so inflation won’t be a problem. In fact, deflation – where the price of goods and services falls – is more likely in the digital currency world.
7. It’s as private as you want it to be
Sometimes, we don’t want people knowing what we have purchased. Digital currency is a relatively private currency. On the one hand, it is transparent – thanks to the blockchain, everyone knows how much a particular coin address holds in transactions. They know where those transactions came from, and where they’re sent. On the other hand, unlike conventional bank accounts, no one knows who holds a particular coin address. It’s like having a clear plastic wallet with no visible owner. Everyone can look inside it, but no one knows whose it is. However, it’s worth pointing out that people who use the currency unwisely risk making it easier to identify them online.
8. You don’t need to trust anyone else
In a conventional banking system, you have to trust people to handle your money properly along the way. You have to trust the bank, for example. You might have to trust a third-party payment processor. You’ll often have to trust the merchant too. These organizations demand important, sensitive pieces of information from you. Because digital currency is entirely decentralized, you need trust no one when using it. When you send a transaction, it is digitally signed, and secure. An unknown miner will verify it, and then the transaction is completed. The merchant need not even know who you are, unless you’ve arranged to tell them.
9. You own it
There is no other electronic cash system in which your account isn't owned by someone else. Take PayPal, for example: if the company decides for some reason that your account has been misused, it has the power to freeze all of the assets held in the account, without consulting you. It is then up to you to jump through whatever hoops are necessary to get it cleared, so that you can access your funds. With digital currency, you own the private key and the corresponding public key that makes up a coin address. No one can take that away from you (unless you lose it yourself, or host it with a web-based wallet service that loses it for you).
10. You can create your own money
In spite of the amazing advances in home office colour printing technology, most national governments take a fairly dim view of you producing your own money. With digital coins, however, it is encouraged. You can certainly buy bitcoins on the open market, but you can also mine your own if you have enough computing power. After covering your initial investment in equipment and electricity, mining coins is simply a case of leaving the machine switched on, and the software running. And who wouldn't like their computer to earn them money while they sleep?
Contact us to get yourself into the Crypto-Currency future.
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HOW TO TRADE & BUY BITCOIN and DIGITAL CURRENCY
You can set up your own account and start buying and trading Bitcoin with the links below.
You also need to deal with reputable companies and learn how to properly set up and use Digital Wallets, Exchange Accounts, Cold Storage of Funds and more.
BUT A WORD OF WARNING - there are many traps and scams out there that can cause entrants into the market to lose their money either by hacking or simply not setting up and securing their accounts properly.
We offer a service that gets you up and running in a One to One or Group environment making sure you are using secure sites and passwords, reputable firms, and ensuring you have your computer and devices properly set up and secured.
If you still want to go it alone - here are some good starting points for you.
HOWEVER, WE STRONGLY SUGGEST YOU CONTACT US ABOUT THE SERVICES WE OFFER...
These Companies will make it easy for you to get started and have a good reputation in the industry. Just click on the links provided.
You will need to verify your identity by way of Govt ID (Drivers License or Passport) and Proof of Residence (Utility Bill showing your address)
If you have not had any experience in this space before we would strongly suggest joining one of our seminars or one on one sessions where we get you started the right way with your accounts, exchanges and secure wallets. We also discuss the things you need to look out for so you get get caught up in the many scams that are out there.
Contact us for further details. - firstname.lastname@example.org
TRADE & BUY BITCOIN and DIGITAL CURRENCY - These companies are easy to set up an account with to buy Bitcoin and Cryptocurrency
(Make sure you check out the notes below before you start)
Set up an account with this well known and trusted exchange dealing in Bitcoin, Etherum and Litecoin. - You can purchase using your Debit or Credit Cards and the limits will be increased as your usage increases. You receive a US$10 on sign up, once your account is verified.
To set up your Coinbase account click on this link:
This is a company that makes it easy to buy bitcoin with your debit or credit card and also allows for POLi Direct Transfers from your bank account.
To set up your Coinjar account click on this link:
Another well known Exchange that deals in a range of crypto-currencies. This site is a bit fiddly to set up but will allow you to set up your account so you can refill with USD, EURO and other currencies from some well known money transfer firms operating online. Firms such as CryptoCapital, WireTransfer, Capitalist, EPay and others.
To set up your EXMo account click on this link:
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|What it is||10 Good Reasons||How it works||Crypto Investors||Contact:|
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