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Crypto Revolution - Paul McCarthy Cork Cryptopreneur


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Title: Crypto Revolution - Paul McCarthy Cork Cryptopreneur

Crypto Revolution
  • Paul McCarthy Cork Cryptopreneur

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.

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.

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.

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
  • 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.

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.

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
  • 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

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.

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