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Not many people were keen to jump on the Bitcoin bandwagon in 2009 when Satoshi Nakamoto first introduced his disruptive cryptocurrency Bitcoin. But one great entrepreneur didn’t waste any time taking advantage of it – and he has succeeded greatly because of it. Now through his revolutionary new book entitled “Cryptocurrency For Beginners,” Amit Bhardwaj explains in layman’s terms the most critical aspects of cryptocurrencies.
“Blockchain and cryptocurrencies are set to transform the world with their efficient solutions. However, the promise and power of cryptocurrencies remain to be unleashed meaningfully – as limited awareness across stakeholder categories plays spoilsport. My book has a simple objective – making the readers realize that blockchain is just like the internet or a motorbike – one doesn’t need to know the underlying technology to use it. The book empowers readers with requisite knowledge of the concept of blockchain and helps them appreciate its massive potential,” Bhardwaj said about his new e-book, which is now available to download for only $24.00.
Ways Amit Bhardwaj Has Been a Leader In the Industry
Amit Bhardwaj started his eCommerce platform HighKart.com in 2013, which accepted Bitcoins as payment for items. Since then Bhardwaj has started GBMiners which has a highly improved mining hardware, which boosts the servers uptime and enhances set-up capacity, ensuring customers experience reliable mining results.
Thanks to these most needed upgrades to GBMiners mining system, there has been a 47 percent increase in online transactions. And with BitCoin prices soaring well over $2,000 at that date this article was written, there is no wonder there is an increasing demand.
Bhardwaj created the company with the average person in mind since the mining rigs needed to compete are very expensive and costly to operate. Investing in the mining process through such avenues offers normal people with small amounts of extra investment cash to get into the cryptocurrency trend.
Where Is Cryptocurrency Headed in the Future
There is a lot of buzz out there on the internet on whether cryptocurrencies are stable. But as even the U.S. government has stated it will start issuing its own e-currency, it doesn’t seem that Bitcoin will be going anywhere. Furthermore, Bhardwaj has pointed out that, even though his business was slow to grow in the beginning in India, one Bitcoin is Rupee 153,756 and rising. Its trade has seen a growth of Rupees 500 crore per year, and 50,000 Bitcoin wallets and 700-800 Bitcoins are in operation every day.
While some countries like China have been pushing against the BitCoin, other Western countries are slowly opening their arms to the whole idea. For Bitcoin to continue its growth is totally dependant upon the backing of a policy-level framework. Blockchain technology in and of itself has soon its assimilation into other sectors such as insurance and medical due to its fantastic security.
Michael Sanduso lives in Toronto, Canada. He is a freelance writer and editor, tech geek, and stay at home father.