Crypto Currency Information
Hello, My name is Richard Strang from Leigh-on-sea, Essex, U.K. I have been earning cryptos online since 2016.
I am here for you every step of the way on your crypto journey, please start by selecting exchanges (top of site ) and start by joining coinbase.
Please email, tweet, text , phone, skype me if you require any assistance.
What is crypto currency?
Crypto currency is a digital asset which was created to work as a medium of exchange. Secure online transactions.
Crypto’s are decentralised in direct opposition to traditional central banking systems ( electronic money ).
Crypto currency works through a blockchain, cryptos work through a blockchain.
Bitcoin was created back in 2009. First ever transaction was 10,000 Bitcoins to buy a pizza!
Now, Bitcoin is worth more than Gold. More transactions per day than Paypal.
There are numerous crypto currencies being launched daily, commonly known as alt coins.
Bitcoin is so expensive as there is a market cap of 21 million coins. Bitcoin has reached highs of $20,000 per coin.
Do not worry!, you do not have to buy a whole bitcoin. You can buy GBP 10 if you prefer and then own 0.00001BTC.
Very important to distinguish between FIAT currency ( traditional money- USD/GBP/EUROS ) and crypto currencies.
FIAT Currency- Physical money – coins and notes in your hand which are controlled by-
USA – Central reserve
UK – Bank of England
Crypto currencies – Thousands of coins are now on Crypto exchanges. Bitcoin is not controlled by any government or banks. Having de-centralised currencies gives people to control their own money and transactions. Anyone can join crypto currencies, by running computers all around the world using software that solves mathematical problems.
Transactions are carried out and sent from your online wallet and are confirmed when you send from your exchange. Minimal information is required –
Bitcoin address where your sending to,
Amount of BTC.
These advance blockchains are basically a database where every transaction are registered on the blockchain but not controlled by anyone, making them truly public.
These transactions are every secure, exact time is registered and the database cannot be edited by anyone, making them impossible to corrupt or be hacked.
Levels of security are very advanced with 2FA- Google authenticator APP (code required) from your phone to enable Log-in and confirmation of transaction. If new IP address is noted for your log-in, confirmation email is required.There are many exchanges to purchase your currencies. Currently main three Crypto currencies are Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC).
CRYPTO CURRENCY ADVANTAGES-
A Currency for all! No need to change currencies , no changing from GBP-EUR etc.
Banks are not involved- You are in total control of your money.
Crypto currencies are quick paying online transactions.
Being de-centralised, you own it! Crypto currencies are not controlled by anyone!
Searches on Google will show high ranking business men who understand crypto currencies and how they will change the world – Richard Branson, John McAfee, Bill Gates, Eric Schmidt- Ex Google chairman
Famous people who have openly talked about cryptos – Jamie Foxx, Ashton Kutcher, Floyd Mayweather. Gwyneth Paltrow, Nas, Melanie Brown etc.
Currencies which have made excellent progress since launch-
Bitcoin- HTTPS://WWW.BITCOIN.ORG/EN/ – The King of cryptos.
Cardano ( ADA ) – HTTPS://WWW.CARDANOHUB.ORG/EN/HOME – Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed.
Dash – HTTPS://WWW.DASH.ORG – Digital currencywith instant double spend confirmation, and optional send.
Ethereum- HTTPS://WWW.ETHEREUM.ORG – Platform for developing self-executive smart contracts.
IOTA – HTTPS://WWW.IOTA.ORG – Economy for the internet of things
Litecoin- HTTPS://WWW.LITECOIN.ORG – Compliment of Bitcoin
Monero- HTTPS://WWW.GETMONERO.ORG/HOME – Secure, private , and untraceable currency.
Ripple (XRP) – HTTPS://WWW.RIPPLE.COM -Helping banks send real-time international payments. American Express, Moneygram have already signed up.
STEEM- HTTPS://WWW.STEEM.IO – Social media platform where participation is rewarded.
Verge (XVG) – HTTPS://VERGECURRENCY.COM – Verge Currency is a cryptocurrency designed for everyday use. It improves upon the original Bitcoin blockchain and aims to fulfill its initial purpose of providing individuals and businesses with a fast, efficient and decentralized way of making direct transactions while maintaining personal privacy.
Zcash – HTTPS://WWW.Z.CASH/ – Public blockchain payments with privacy.
Please contact me if you require any further information or assistance.
Very important to carry out your own due diligence on sites listed. No one can offer you 100% returns and guarantees. You should never invest in any site online in anything you cannot afford to lose as I have stated- NO ONE SHOULD OR CAN GUARANTEE 100% SUCCESS.