Crypto Revolution - Paul McCarthy Cork Cryptopreneur

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Crypto Revolution

• Paul McCarthy Cork Cryptopreneur

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Paul McCarthy Dascoin Global Ambassador

• As a Global Ambassador with Netleaders Dascoin,
  and an early investor in Bitcoin, its no secret
  that I am a fierce proponent of cryptocurrencies,
  and believe that participating in the Blockchain
  movement is extremely important in protecting our
  financial futures.

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Paul McCarthy Dascoin Global Ambassador

• Large national retail stores, construction
  companies and well-known providers of jobs for
  life close every week, as the internet continues
  to advance and exercise economies of scale that
  traditional brick and mortar businesses are
  unable to compete with, and so it is the same
  with money.

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Understanding The Cryptocurrency Paradigm A
Quick Guide

• Youve heard your friends talk about it, you read
  about it in the news, you see all the adverts,
  now you are trying to understand the
  cryptocurrency paradigm. How big is this thing
  really and what do you need to know?
• If you want to avoid all the technical lingo and
  get a better understanding of cryptocurrency in
  basic terms, keep reading.

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What Is Cryptocurrency?

• Cryptocurrency is an umbrella term that takes
  into account all the digital currencies being
  used. In other words, money that doesnt really
  exist. While you can hold a dollar in your hand,
  you cant do the same with a digital currency.
  Instead, you get a number that proves you are the
  owner of the token, and when you buy something
  with it, the ownership changes and a new number
  is created for a token, which is given to the new
  owner.
• So, in reality, a digital coin is nothing more
  than a string of complex code. And every time a
  transition takes place, its getting recorded in
  what is called the blockchain. Think of it as a
  big ledger in the cloud-based sky. Up until now,
  there is no way to hack it, and cryptocurrency
  developers are confident it will stay this way
  for a long time.

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How Do You Get Cryptocurrency?

• There are several ways you can become the owner
  of a cryptocurrency. But first, you need to
  figure out which one you want. At the moment,
  there are hundreds out there, Bitcoin being the
  most famous.

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How Do You Get Cryptocurrency?

• Once you decide which one you want, you can
  either buy the digital currency or mine for it.
  Take note that only a certain amount of each
  cryptocurrency can be mined, although this is
  something youll read about in your further
  research.
• Mining does sound like a very lucrative idea, but
  it can get expensive and it takes time. This is
  why some individuals go through third-party
  companies that handle the mining for them. Thus,
  these individuals become investors instead of
  miners.

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Is Cryptocurrency A Good Investment?

• In the end, cryptocurrency is just as volatile as
  any other stock on the market. This is because
  you are dealing with something that isnt really
  tangible. It cant be traced and governments are
  trying to find a way to regulate it.
• So if you want to invest in Cryptocurrency,
  remember you are taking some manner of risk. But
  there is money to be made if you can make the
  right choices.

For more Info Visit Us at cryptorevolution.ie