Wednesday, January 15, 2014

The Bitcoin Revolution !

What's Bitcoins?

Bitcoin is an innovative payment network and a new kind of money.




IconInstant peer-to-peer          IconWorldwide Icon Zero or low
            transactions                                         payments                      processing fees
     

 
Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.

More than 700,000 retailers currently accept Bitcoin globally including companies such as Overstock.com and the Online Game maker Zynga which jumped on the bandwagon this week. There are strong rumors that Netflix will be joining this group soon, and Paypal is currently working towards allowing Bitcoin payments within their network. I read recently that Paypal is involved in 50% of all online transactions, so you can imagine the implications for Bitcoin if Paypal implements this payment option. Every country in the world accepts Bitcoin, with ATM manufacturer Robocoin launching the first Bitcoin ATM in a Vancouver coffee shop with plans for ATM’s in Israel, Taiwan, Hong Kong, New York and other major cities. France even allows workers to collect their wages in Bitcoin if they prefer. Cameron and Tyler Winklevoss, the twins who famously battled Mark Zuckerberg over the origins of Facebook, believe the actual value of Bitcoin is 100x’s the current value, while many top investors believe the currency could hit 10,000 this year. Potentially, Bitcoin and the social network evolving with it, could be part of the biggest re-distribution of wealth the world has ever seen!
Enter GBBGBitBillions, right at the center of this amazing opportunity, currently in the process of finalizing software that will allow businesses as well as individuals to buy and sell products via a peer to peer network utilizing cloud computing. Effectively eliminating the need for an intermediary such as a bank or credit card company (think banking and credit card transaction fees) this peer to peer network will save businesses that choose to utilize it 3-5% in transaction fees alone. As a business owner this just makes sense. What Amazon was to ecommerce in the 90’s, GBBGBitBillions may be to cloud computing and peer to peer marketing in this decade. Keep in mind that GBBG Bitbillions is entirely free to join. You can earn money, win prizes such as free bitcoin and automobiles, and participate fully in the services provided. Will you make more money if you invest a small amount of capital? Absolutely!

Can you afford to sit idly and watch this potential monetary revolution pass you by?

For more info Check please GBBG site.

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