How does Bitcoin make Money, How does Cryptocurrency Work & Learning Bitcoin Business Model
Happy New Year Folks. Hope everyone’s New Year Bash was FFFFFFFFFFFFFing Awesome! 🙂 Many of you have emailed me to know more about Crypto, Blockchain and other stuff related to ICOs etc. So I thought of putting up a post which explains all of this in lay man’s terms. Read on to understand everything about Bitcoin Business Model and How does Bitcoin make Money.
About Bitcoin, CryptoCurrency, ICOs & Block Chain
All of this hullabaloo just for a ZERO FUNDAMENTAL value investment i.e. Bitcoin. Yes, I feel it that way about Bitcoin. But Blockchain, oh god it’s hot kind of reaction. I personally can think of 10 different ways in which blockchain can change the world for good. But the first application (well the famous one) is a currency which is tradeable and full of speculation. Since the supply is limited, people are buying in anticipation of increased demand (which in itself leads to furthermore limited supply) and thus the price goes up.
Let’s see what everything in relation to the crypto world means in this post.