INTRODUCTION To Cryptocurrencies.

Cryptocurrency is simply a digital or virtual currency. It is the direct opposite of fiat currency or paper money.
Digital or cryptocurrencies are used for online transactions and payments. Bitcoin, Onecoin, Litecoin, are a just a few examples of cryptocurrencies while Pounds, Naira, Dollar, Euro are examples of fiat currencies or paper money.
Of them all, Bitcoins is the one with the highest value and indeed, the most acceptable on the global arena.
It all started in 2009 when a Japanese man called Satoshi Nakamoto incensed by perceived anomalies and exploitation, invented the pioneer cryptocurrency called Bitcoin. To get people to accept and use Bitcoin, the people had to invest in mining the digital currency.
So people were invited to invest in mining the coins. But Central Banks and Commercial Banks fearing that if bitcoin succeeds in creating alternative currency, could threaten their relevance and existence, sponsored disparaging writeups and reviews against Bitcoin and it's founder. Unscrupulous journalists and bloggers were willing tools that were used in dissuading people from investing in Bitcoin, calling it scam, ponzi and pyramid schemes. This scared away a lot of would-be investors.
However, there were those who took the risk and invested in Bitcoin in 2009, at a starting price of 10 cents. By 2013, the price of bitcoin had moved from 10 cents per coin to $200 per coin, thereby creating phenomenal fortune for ALL the early miners. Nobody lost their investment, rather all become millionaires and multi millionaires depending on amount invested.

: So here we go if you missed investing;

👉 Etymology:*

• Man from time immemorial have always involved in one form of business or the other. Usually, there are instruments in place to facilitate payments, and the barter system what we now know as trade by barter was largely used.
• Business has since evolved from there into the prevailing setup with it's attendant intricate payment system. In fact, business has metamorphosed from payments with instruments of physical currency to cryptocurrency.

The earlier you key into this modern system, the better for you.
Even as we are on this seminar, the value of one Bitcoin is currently
$914💵💵💵
Bitcoins can be broken down into smaller units, the smallest being one hundred millionth of a Bitcoin – called a Satoshi, after the anonymous founder of Bitcoin.

• What can I use Bitcoin for?

Today's financial system makes moving money around the world slow, costly and inconvenient due to friction of regulations and capital controls. Bitcoins offers cheaper alternative to our traditional money.

• International Money Transfer and Shopping:

Bitcoin is redefining remittance. Africans pay the highest money transfer fees in the world to send and receive from home or abroad, in addition to poorly calculated currency conversion rates.
Because Bitcoin exists on the internet, which itself is global and borderless, you can simply exchange local currency to Bitcoin and transfer the Bitcoin to the recipient in other countries and they convert it back to their local currency in their country of residence. You can pay for goods and services online using Bitcoin, a lot cheaper compared to things like credit cards or Paypal without having to worry about foreign exchange fees and security of your personal information.
A lot of businesses are accepting Bitcoin at the checkout and provide customers with a Bitcoin payment gateway to make spending simple.