We need to tell the world the truth about Cryptocurrency | by Asiwaju Bashir Abeeb Obasanjo | Aug, 2020 | Medium

admin

Coronavirus Pandemic? Corruption? Failing Businesses? And the eyescapades (sorry escapades), This is arguably the fastest age in human history where a lot of events, a lot of history and a huge load of development are happening right in the front of our eyes.As these events unfold, it is more glaring that the internet is here…

Coronavirus Pandemic? Corruption? Failing Businesses? And the eyescapades (sorry escapades), This is arguably the fastest age in human history where a lot of events, a lot of history and a huge load of development are happening right in the front of our eyes.As these events unfold, it is more glaring that the internet is here to stay and by that, Cryptocurrency, which is the only digital money that exists is growing ever strong and dominant in a world full of corporate hostilities.Cryptocurrency which is a digital money has been a decade long coding, encryption and software building by an army of developers led by Satoshi Nakamoto (whoever has the identity), who worked relentlessly and across board for over ten years building a blockchain network that registers transactions across the network (blockchain) to avoid duplication and repetition of transactions for accurate accountability and stability.After the birth of blockchain, Bitcoin was birthed to give the world financial autonomy by being a decentralized means of payment, not controlled by any government, not dictated by any organization nor owned by any individual, not even Satoshi Nakamoto himself.So, it is safe to say that Crypto currency is the gateway to an uninfluenced, uncontrolled and totally decentralized global financial system where neither governments, nor corporate organizations have a say or regulation towards but only by the people.In less than ten years of its launch (2009 – 2017), bitcoin (The world’s first cryptocurrency) rose from being valued at just some 90 cents less than a dollar to be worth a whopping $20,000!, you can imagine.

That means whoever adopted bitcoin in 2009 with a $1000 value and holding on to it should be worth around a $100,000,000 (One hundred million dollars) by then.Again, just imagine.

After bitcoin, thousands of cryptocurrencies have risen and just like fiat money, while some thrived, many also failed like the Zimbabwean dollars (no disrespect), many coins (cryptocurrencies which includes bitcoin and altcoins) are now worth more than the almighty dollar and bitcoin has even outperformed all types of stocks in the last 10 years (including gold).That means the future is digital and cryptocurrency will be the visa to wealth by then.Although despised by authorities and corporate bodies, cryptocurrency has shaped the order of wealth distribution, made billionaires (about four made the Forbes list), millionaires (there are thousands of them), influenced the creation of organizations (thereby creating jobs), created field of study and ultimately creating a pathway that will certainly determine the future of financial transactions.Unfortunately, in a world of over 8,000,000,000 (eight billion) people, less than 500,000,000 of this huge figure knows about cryptocurrency and about 51,000,000 (According to Statista.com judging by blockchain wallets) actually have a dealing in it, via normal daily transactions, trading (buying and selling) or payment options for products and services.Despite the low adoption of cryptocurrency in the global financial market, Travala.com and Agoda (a listing company) receives listed cryptocurrencies for booking transactions that involves more than 2,000,000 different hotels and properties, a crypto expert, Chris Ani has a business school, daba.school where he teaches a lot of people in over 20 countries on how to make money (Cryptocurrency inclusive), my brother Timi Ajiboye has an indigenous cryptocurrency exchange (buycoins.africa) and many more, on the international stage, we have seen testimonies of Binance, Coinbase, Tron (Justin Sun) and Bitfinex that are now worth billions of dollar.Cryptocurrency which is adopted by less than ten percent of the world’s population already has a market value of $347,295,218,910 (Three hundred and Forty-Seven billion, two hundred and Ninety-five million, two hundred and eighteen thousand, nine hundred and ten dollars) with Bitcoin ($210,160,000,000), Ethereum ($43,930,000,000) and Ripple ($13,590,000,000) leading the charge as the three most valuable cryptocurrencies (Coinmarketcap.com 5th August 2020).That number will only increase as more adoptions which are sure to come happens.That asks the question, what are you waiting for to invest in and join the Cryptocurrency train as you will be joining a train that will make more gradual (not sudden) billionaires, millionaires and captains of a new wave financial industry.

I am willing and ready to help you in this journey, just join our community so that we can open you to a world of cryptocurrency.You have nothing to lose by joining, but a lot to gain! Be a part of history! NB: This is not a Ponzi scheme, nor a get rich scheme, nor an invitation to invest or trade, we just want you to know more about Cryptocurrency and its awesome benefits and the cons.Ours is a community of cryptocurrency enthusiasts, influencers and blockchain developers across Africa.Join by clicking this link:https://www.facebook.com/groups/929875494176019/?ref=share Or search CRYPTO CIRCLES: NIGERIA on Facebook Ire o! .

Leave a Reply

Next Post

Blockstream CEO Labels Ethereum, Cardano, Ripple, & Stellar As A Ponzi Scam Like Bitconnect

0 Adam Back, Blockstream CEO and well-known computer scientist in the crypto community, went on a rant on Twitter dissing several high profile blockchains, including the second-largest crypto project, Ethereum.He compared these blockchains to “Ponzi schemes.” Back wrote on Twitter : “Bitconnect, Charles Ponzi, Ethereum, Onecoin, Cardano, Ripple, Bernie Madoff, stellar, Dan Larmer.All looking very…
Blockstream CEO Labels Ethereum, Cardano, Ripple, & Stellar As A Ponzi Scam Like Bitconnect

Subscribe US Now