THE MYSTERY OF BITCOIN
In recent years a thing called Bitcoin has gained enormous attention. Some see Bitcoin or the technology behind it, called Blockchain, as a release from dependence on banks and governments. Others see it as a large-scale deception campaign and warn investors not to get involved. The former believed themselves right when the price of a Bitcoin skyrocketed to astronomical heights at the end of 2017 and more than increased tenfold in a very short space of time. The latter are more likely to be confirmed now that the bubble has burst and the Bitcoin price has fallen by more than 80% in the meantime. As with everything in life, the truth lies in the middle. Starting today, we want to bring you a little more light into this new phenomenon Bitcoin and especially the Blockchain technology in a monthly column with factual arguments and information. The history of mankind shows that with the introduction of any new technology often fears, mistrust, suspicion but also hope, enthusiasm and confidence were connected. The good thing about our fast-moving times is that we don’t have to wait decades to see what this new technology really brings or will bring us, as we did with the introduction of the railway or the Internet. So stay relaxed and at the same time curious to accompany this development. Either way there are exciting times ahead. In our next column we will deal with the history of Bitcoin and the technology behind it. Following up to this we will answer questions like: What are cryptocurrencies ? How can I buy Bitcoin ? What do I have to do to get them ? What are the best websites for staying up to date with my Bitcoin ? Which are the best applications to watch my portfolio on my cell-phone ? What are the best exchanges ? Where do I get my wallets for storing Bitcoin ? How can I use them in day to day life ? How can I exchange them into FIAT money ? What are the best methods in terms of security ? How can I make money with cryptocurrencies ? What kind of industries will benefit from the blockchain technology and how can you yourself benefit from this technology ? We will have a look into the blockchain community and show you some very interesting projects and how you can participate in it. We also will share with you how governments and authorities feel about this new technology and which kind of restrictions and regulations are discussed. If you want to start your own research, no problem, there are many opportunities and events going on especially in South East Asia where you can meet the leading heads and biggest influencers in the Blockchain space. If you can’t wait, we recommend you get in touch with the author. He is a former banker and has more than three years of experience in Bitcoin, cryptocurrencies and the Blockchain technology. He organizes weekly meetings where like-minded people come together to exchange experiences about Bitcoin, Blockchain and crypto currencies.