The Bitcoin revolution is coming!

Publication date: November 20, 2018

TIGELE MOKOBI

"Nothing is more expensive than a missed opportunity," Mark Zuckerberg

Part 2

Technology that supports the transfer of value and assets through the Internet and is rewriting business models and revolutionizing industries is called blockchain technology. Blockchain is a shared digital ledger shared with a continuously updated list of all transactions that take place on the platform. The ledger keeps every transaction that has ever taken place in a completely decentralized and distributed form among users.

The decentralized nature of blockchain means that third parties, such as banks, which have traditionally been responsible for general accounting, have been eliminated from transactions. The invention of the blockchain has a strong impact on daily life and is creating "an open, accessible and fair financial future that makes transactions with digital currencies, shares and properties simple and secure." Blockchain enables "the Internet of value" and provides a registers distributed over the Internet that allow you to manage, exchange, archive and track resources without any powerful intermediary.

Futurist and professor of theoretical physics at City Collage in New York, Michio Kaku states: "The blockchain eliminates traditional intermediaries such as banks, service companies and governments from commercial transactions." Blockchain is the basis of cryptocurrencies (digital currencies) like bitcoin. Created in January 2009, bitcoin is the world's first decentralized and globally accepted digital currency that has been designed to function without a central bank, single administrator or government.

Bitcoin is both a value reserve and a transactional currency exchanged by users on a peer-to-peer bitcoin network. The digital currency is managed on a cryptographic protocol without the need for intermediaries. Bitcoin is produced through a process called "mining" that involves encrypted techniques used to regulate the generation of currency units and verify the transfer of funds. These transactions are verified by network nodes via encryption and recorded in the distributed public register, the blockchain.

Just as the investment opportunities in mobile phone technology have made Strive Masiyiwa a multi-millionaire and the first Internet era has earned Mark Zuckerberg and his very wealthy partners, bitcoin is destined to take away much of the world's population from poverty and to catapult many more to a state of immense wealth.

In its April 2015 edition, Forbes Magazine cites partners of William Blair and Company, Brian Singer stating that "the bitcoin and blockchain cryptography that underlies it has a greater ability to bring more of the world's population out of poverty than any other something we've ever seen "William Blair and Company is a leading financial services company in the field of investment banking, investment management and private asset management worldwide.

Singer's wealth creation feelings are sustained by the explosion of emerging millionaires created by the bitcoin revolution around the world. The feelings are taken up by Michio Kaku who says: "If you want to become a billionaire, take any industry, look at all the places where there is the intermediary, where there is friction, obstruction and frustration, digitize and you too could become a billionaire in the mold of Amazon, Uber and Airbnb. "

BitClub Network (BCN) is a global wealth creation company for the digital currency market. The company is ranked as one of the top ten mining companies in the world. It is the only bitcoin mining company on the blockchain that offers ordinary citizens investment and investment opportunities in the cryptocurrency space and blockchain technology. All other companies are privately owned by wealthy investors such as Bill Gates, Richard Branson, Al Gore and New York Stork Exchange.

By combining a crowd-funded mining pool with the power of an affiliate structure, the BitClub Network investment pool gives members the opportunity to exploit their earning potential unlike anything else in this space. With over 300,000 members in over 90 countries, BitClub Network has extracted over 60,000 Bitcoins and created over 100 millionaires worldwide. BitClub Network remains the best crowd funding investment opportunity in the world and bitcoin the fastest growing and best performing digital currency in the world.

For its bold intent to upset current global financial systems and usurp world currency domination, bitcoin has faced fierce resistance from governments, banks and other business intermediaries that are rapidly losing ground for the newcomer. It is inevitable that these entities do not easily abandon their dominance and control of the global monetary system. They try to maintain the existing legal currency system and defend the status quo to the end.

The arrival of the ubiquitous bitcoin presented them with a double-edged knife because, while the prolific digital currency is a threat to their domination, they can not wish to move away from it and not stand aside in a game they believe should to play. 10 years after its creation, the bitcoin has defied all expectations and continues its lively rise to world dominance despite the derogatory comments of governments, the vicious attacks from banks and the observations to the vitriol and poisoned pen of pens and microphones hired by these entities.

Leading the chorus of aggressive local crypto-bashers is Richard Harriman of the Consumer Watchdog, while the global assault is led by the well-known bitcoin detractor Nouriel Roubini also known as "Dr Doom" for his cynical view of cryptocurrencies. In a curious round of events, it is worth noting that despite the unflattering commentary of these stool pigeons, their masters, governments, banks and other major players in the current global monetary system are heavily invested in bitcoins and other digital currencies.

Just visit one of these sites to see the hypocrisy of these crypto-bets of the forked tongue; HYPERLINK "https://blockchain.com" https://blockchain.com or HYPERLINK "https://www.worldcoinindex.com/" https://www.worldcoinindex.com/ These sites list all investors in cryptocurrencies. The list of all those who have invested raises questions, why would these entities be busy accumulating bitcoins and then turning around and dissuading the ordinary citizen from investing in digital asset?

The attacks supported by crypto-basheres coupled to the damage cited by criminal, intralarm and nay-sayers elements have undoubtedly overshadowed the good image of the bitcoins and have instilled a pessimistic waiting attitude among those who seek to gather the investment and business opportunities presented from this prolific digital good. BitClub Network was called a Ponzi scheme, a scam and the alarmists continued to call bitcoin a financial and asset bubble that is about to break out.

However, bitcoin has boldly fought its competitors for market share. It is temperament proof and the most successful online platform in which the futile attempts to hack the system are carried out 24 hours a day, 7 days a week, due to the immense value that the system has. The digital currency is quickly becoming accepted as a reputable currency and well on the way to replace the legal currency and become the global currency.

The phenomenal success of Bitcoin has meant that the International Monetary Fund (IMF) was paying attention. The winds of change have reached the global organization with its CEO Christine Lagarde who encourages central banks around the world to "consider the use of digital money to make transactions more efficient and safer" . At the local level, the initial indifference shown by the government, the Bank of Botswana and the Botswana Exchange has slowly dissipated, and we are now witnessing their reawakening that Bitcoin is here to stay.

There is evidence that these entities are committed to making room to accommodate the digital currency with the Governor of the Botswana Bank Moses Pelaelo, referring to the permanence of the bitcoin on the occasion of the tenth anniversary of the currency. He was speaking at the recent opening ceremony of the Botswana Stock Exchange Limited. Bitcoin was created to challenge the conventional financial system and return the ownership of money to people, beyond the reach of banks and the state.

The digital asset presents a radical approach to money and finance that offers ordinary people business and investment opportunities in the emerging monetary system. The programmer and man of British business (founder of the software company MaAfee Associates) states John McAfee: "We are in a revolution against the falling power of governments and banks.

Their only weapon is the sowing of fear. "Rick Falkvinge, a Swedish politician and information technology entrepreneur, states that" Bitcoin will give banks what the e-mail has done in the postal industry. " bitcoin revolution spans the world, BitClub Network presents ordinary citizens a crowd that finances business and investment opportunities in the cryptocurrency space.We have the opportunity to join it or we could see it happen.