Paa Kwesi Menz

The topic of Cryptocurrencies has become a confusion for many and makes people wonder what at all it is, due to the rush in people trying to talk more about the money aspect of it. All many have heard about is Bitcoin. My goal is to make it as simple and easy for you to understand. After which you can get all the confidence to explore its possibilities. Bitcoin is just one of the many cryptocurrencies in the system. There are many options for you. So let us get on with it. What is a Cryptocurrency? Cryptocurrency is a secured digital representation of the money we use daily. Talk about the coins and notes we are used to depositing and withdrawing from banks. Simply its money. The money we use every day for our banking is printed by the central bank. The amount of money in circulation in the economy or country is also determined and regulated by the Central Bank. On the other side, that is the reason why you see very new notes in the system. New notes replacing old notes and fu...

You may still be doubting and fighting yourself on whether to start getting some cryptocurrencies or not. Will give you 6 reasons not to invest in cryptocurrencies. 1. To begin with the chart and Prices. The price of Bitcoin has increased over 600% since January 2017. Ethereum has also risen over 700% since January and you know unless you are an outstanding guru in something, these figures will be a problem of most businesses. But it is possible with cryptocurrencies. The choice lies in you to be part of this revolution or you can keep watching as the prices soar to even greater heights?? Most cryptocurrencies have seen significant growth. 2. Very portable.   If you have ever tried travelling with large amount of money on you? Cryptocurrencies are the best and reduces the risk since you can carry $1million simply on your phone to anywhere in the world. No cash carrying problems, no stress. Why get worried keeping money at a bank when you can have access to your mon...

Over the years, we have seen rather a subtle talk over cryptocurrencies but it has been one of the major headlines in the business world and has really profited investors both young and old who took advantage of it earlier. It may look foreign, scary but in essence it is very vital for it to be considered as one of a must look portfolio to be held by any investor and at the end of this article, you will understand the reason you need to have it going forward. With technological innovations springing up in our world today, the financial and payments sector is definitely has its own coming in a rather disruptive way, Cryptocurrencies. Cryptocurrencies simply, is a digital representation of money with added complex security called cryptography such that all transactions are securely placed on online ledgers accessible for all to see called the blockchain. Cryptocurrencies addresses the need to make money easily accessible by anyone anywhere in the world with little or no fe...

THE MATHEMATICS OF CRYPTOCURRENCY GROWTH. Bitcoin growth Since 2017 I want to thank you specially for reading the powerful series. If you haven’t read them, please pause, make sure you read them before you continue with this one. Education is key, but knowledge and understanding is needed in this field.  I have said here, that cryptocurrencies are money and we are going to talk about figures. These figures will aid to guide your decision concerning the future. Remember I am not promising you quick riches but if you will be committed in your efforts into knowing about this industry, I can assure you that things may unfold quickly for you than expected. It is still a young market and finding the best crypto would set you on course.  Now let us do figures. Will be doing all calculations in monetary terms in USD.  So you buy $500 of a good cryptocurrency now, assuming it is pkcoin @$0.01  You will get 50,000pkcoins. Great. So you have 50,000 uni...