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How to Participate inHow to Participate in
the Bitcoin Economythe Bitcoin Economy
The Bitcoin economy is increasing at a rapid
rate, as more and more startups enter the
sphere and try to offer traditional
services but using Bitcoins. You have
everything from a marketplace of books aka
Amazon style but only in Bitcoins to
advertising platforms similar to Google
AdSense but in the Bitcoin economy. As
Bitcoin goes more mainstream, these are
only going to increase in number and scope,
thus presenting a wonderful opportunity to
get on board with this at an early stage.
The big advantage of entering the Bitcoin
economy now is that you'll get in on this
technology at the 'innovator stage' and
you'll have the opportunity to be one of
the leaders. Businesses that operate in the
current Bitcoin economy also enjoy a free
publicity of their business within the
Bitcoin community. Everything from gyft
that accepts Bitcoins to purchase store
gift cards to EVR bar that became popular
in the highly competitive bar and lounge
scene in New York by accepting Bitcoin as
payment currency for drinks.
The advantages of being part of the
bitcoin trading community should also be
obvious - literally zero transaction fees
for trans-continental money transfers,
instant transfer of money without any
third-party delays and ability to reach
everyone on the planet who has access to
the internet.
The micro Bitcoin economy is already
flourishing. Now you can do the traditional
micro-tasks from agencies such as
CrowdFlower on the Bitcoin platform and
earn your first Bitcoins that way. If
you're a business, there are plenty of good
opportunities to advertise your business to
the Bitcoin audience through services like
Coin URL.
On a personal finance front, it is best to
keep a secure wallet online at one of the
trusted wallet services and then start
earning some small amounts of Bitcoin just
to get a feel for how this economy
functions and how you can leverage this. If
you have access to both fiat and Bitcoin in
a liquid market, there are plenty of
opportunities where you can pay in one and
receive in the other to get the most out of
your business. The market is still not
perfect and there are arbitrage
opportunities through exchanges and goods
and services.
Being part of the Bitcoin economy at this
exciting stage should prove highly
beneficial to your business as well. You'll
be able to reach an audience that would
otherwise be very hard to woo - the people
at the technological forefronts of our
society.
Being part of the Bitcoin economy at this
exciting stage should prove highly
beneficial to your business as well. You'll
be able to reach an audience that would
otherwise be very hard to woo - the people
at the technological forefronts of our
society.

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How to participate in the Bitcoin economy

  • 1. How to Participate inHow to Participate in the Bitcoin Economythe Bitcoin Economy
  • 2. The Bitcoin economy is increasing at a rapid rate, as more and more startups enter the sphere and try to offer traditional services but using Bitcoins. You have everything from a marketplace of books aka Amazon style but only in Bitcoins to advertising platforms similar to Google AdSense but in the Bitcoin economy. As Bitcoin goes more mainstream, these are only going to increase in number and scope, thus presenting a wonderful opportunity to get on board with this at an early stage.
  • 3. The big advantage of entering the Bitcoin economy now is that you'll get in on this technology at the 'innovator stage' and you'll have the opportunity to be one of the leaders. Businesses that operate in the current Bitcoin economy also enjoy a free publicity of their business within the Bitcoin community. Everything from gyft that accepts Bitcoins to purchase store gift cards to EVR bar that became popular in the highly competitive bar and lounge scene in New York by accepting Bitcoin as payment currency for drinks.
  • 4. The advantages of being part of the bitcoin trading community should also be obvious - literally zero transaction fees for trans-continental money transfers, instant transfer of money without any third-party delays and ability to reach everyone on the planet who has access to the internet. The micro Bitcoin economy is already flourishing. Now you can do the traditional micro-tasks from agencies such as CrowdFlower on the Bitcoin platform and earn your first Bitcoins that way. If you're a business, there are plenty of good opportunities to advertise your business to the Bitcoin audience through services like Coin URL.
  • 5. On a personal finance front, it is best to keep a secure wallet online at one of the trusted wallet services and then start earning some small amounts of Bitcoin just to get a feel for how this economy functions and how you can leverage this. If you have access to both fiat and Bitcoin in a liquid market, there are plenty of opportunities where you can pay in one and receive in the other to get the most out of your business. The market is still not perfect and there are arbitrage opportunities through exchanges and goods and services.
  • 6. Being part of the Bitcoin economy at this exciting stage should prove highly beneficial to your business as well. You'll be able to reach an audience that would otherwise be very hard to woo - the people at the technological forefronts of our society.
  • 7. Being part of the Bitcoin economy at this exciting stage should prove highly beneficial to your business as well. You'll be able to reach an audience that would otherwise be very hard to woo - the people at the technological forefronts of our society.