How to Participate in the Bitcoin Economy7693357
The Bitcoin economy is increasing at a rapid rate, as much more and much more startups enter the sphere and attempt to provide conventional services but using Bitcoins. You have every thing from a marketplace of books aka Amazon style but only in Bitcoins to advertising platforms similar to Google AdSense but in the Bitcoin economy. As Bitcoin goes more mainstream, these are only going to improve in number and scope, thus presenting a fantastic chance to get on board with this at an early stage.
The big benefit of getting into the Bitcoin economy now is that you will get in on this technology at the 'innovator stage' and you'll have the chance to be one of the leaders. Companies that operate in the current Bitcoin economy also enjoy a free publicity of their business inside the Bitcoin neighborhood. Everything from gyft that accepts Bitcoins to buy store gift cards to EVR bar that became popular in the extremely competitive bar and lounge scene in New York by accepting Bitcoin as payment currency for drinks.
The benefits of being part of the Bitcoin neighborhood should also be obvious - actually zero transaction charges for trans-continental money transfers, instant transfer of money with out any third-party delays and capability to attain everybody on the planet who has access to the internet.
The micro Bitcoin economy is already flourishing. Now you can do the conventional micro-tasks from agencies such as CrowdFlower on the Bitcoin platform and earn your first Bitcoins that way. If you are a business, there are a lot of good opportunities to advertise your business to the Bitcoin audience via services like Coin URL.
On a personal finance front, it is very best to maintain a safe wallet on-line at one of the trusted wallet services and then start earning some small amounts of Bitcoin just to get a feel for how this economy functions and how you can leverage this. If you have access to each fiat and Bitcoin in a liquid market, there are a lot of opportunities where you can pay in one and obtain in the other to get the most out of your business. The market is still not ideal and there are arbitrage opportunities through exchanges and goods and services.
Being part of the Bitcoin economy at this thrilling stage should prove extremely advantageous to your business as well. You'll be in a position to reach an audience that would otherwise be extremely hard to woo - the individuals at the technological forefronts of our society.
