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Cryptocurrency May Take Over World's Paper Money System Before 2030 - Business - Nairaland

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Cryptocurrency May Take Over World's Paper Money System Before 2030 by bitcomnigeria: 3:14pm On Dec 01, 2017
It is no longer a new story as you already know that digital currency has emerged and has come to stay all over the world.The concept of online money like bitcoin,ether and other trending cryptocurrencies has been accepted by most people all over the world.

If a region decides to be transacting using a particular currency by themselves,that means the currency is already accepted by them.Blockchain has shown the world that it is possible to be using digital currencies(cryptocurrencies) by developing a TECHNOLOGY that is decentralized,secured and internetized.
Blockchain is the number one and the leading bank for highest cryptocurrency ever known which is BITCOIN.Blockchain makes use of three technological formats:Internet,Cryptography and Decentralization.According to John Morr:"Blockchain is the most secured bank in the whole world,even the world's highest hacker can never hack into the ledger".It has been proven to be true by many known software developers.


The people that developed Bitcoin has not been known yet but a man called Satoshi Nakamoto, a software developer said that he is the one that developed Bitcoin.Bitcoin was officially known and introduced in 2008,today 1 bitcoin is higher than dollar and all other paper money in the whole world.1btc is over $10,000 which is approximately 4.5million naira.

BITCOIN IN NIGERIA


Currently,in Nigeria,Bitcoin has enriched many people who purchased it earlier.People who bought bitcoin when it was $1200 earlier this year has made more because now it is around $6800.Many companies,organisations etc accepts bitcoin as a means of payment.It can also be exchanged by paper money.


Many platform has been buying and selling bitcoin.Some has also used it as a means of scamming other people.Some websites in Nigeria will ask you to transfer the money to them first before they will transfer the bitcoin to your wallet,at the end of they day they will not transfer the bitcoin to you.This has been scams lingering all over our country today.That is why i developed a bitcoin community where you will meet people around your area,communtity,states in Nigeria to buy and sell bitcoin. http://www.bitcom.com.ng is a platform where you can place your bitcoin advertisements that you want to sell or buy bitcoin for free,for bitcoin news and updates,for bitcoin to naira calculations.

SOURCE:http://www.bitcom.com.ng/news6.php

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Re: Cryptocurrency May Take Over World's Paper Money System Before 2030 by cashflowpc(m): 7:22pm On Dec 01, 2017
Even if you going to copy and paste. at least update the article. bitcoin is no longer 6600. It's over 10,000 Naira now.

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