ኤፍ ኤም መቐለ

104.4 Radio FM mekelle

አርዕስተ ዜና
Cryptocurrency - How Do You Fit In?

Cryptocurrency - How Do You Fit In?

Have you ever ever heard of cryptocurrency? Perhaps there are a couple of of you who may be conversant in what it is. I do believe for the far majority of individuals the reply can be what's that?

My textual content book reply would be a cryptocurrency (or crypto foreign money) is a medium of trade utilizing cryptography to safe the transactions and to manage the creation of new units. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies

In brief I'll reply: You know, like a BitCoin.

The next query I would pose is: Now that you already know what the world of cryptocurrency is and a common thought the way it it really works my subsequent question may be: On the earth of cryptocurrency, how do you slot in?

In my business profession I had the opportunity to very properly at making enticing revenue on the internet. In particular I have been profitable in advertising and marketing, advertising sales, enterprise improvement, ecommerce, expertise, and online business building together with the building of large on-line organizations.

Previous to deciding if I am going to speculate, market, brand, promote or personal one thing I spend a substantial amount of time researching it.

In addition I surround myself with like minded people I check with as either profitable enterprise associates or companions who have a great deal of data and research on whatever it is we're going to promote.

My strongest want is to promote something that's new and progressive that has a really strong likelihood to saturate the market in the future. Specifically I want to control, model, distribute first to market a services or products that is going to be a game changer.

This would be something everybody in the future is going to desire to want, own or possess.

I have little interest in selling something that has already saturated the market. There's little alternative for me to be first to market or capture market share of products or services

I do not want to try to market one thing everyone already has or knows about. There may be then no means I can then be first to market as in the mind of most successful entrepreneurs those that are first to market who then seize the market wins.

Many entrepreneur minded people approach me to hitch them to promote items similar to cell phone companies, online advertising, health associated products, meals, ecommerce or on-line shopping. My simple reply to these entrepreneurs is solely I'm not interested.

The reason I've zero curiosity to promote this stuff is the market is already saturated with large players that you are by no means going to be able to compete with. Those who have been already first to market have captured the market share.

This brings me to the world of cryptocurrency and block chain Blockchain technology. Once more in case you had been to approach the common individual and requested them: Have you ever heard of cryptocurrency the doubtless response would be: What's that?

The apparent conclusion is that if I have been going to be first to market, model, personal or possess what would it be? The answer is easy: block chain know-how and cryptocurrency.

You might ask then what is the difference between forex a.k.a. cash and cryptocurrency? There are many layers of definition or explanation we might define the two major variations in foreign money vs. cryptocurrency: