How to Participate in the Bitcoin Economy

Bitcoin's economy is increasing at an accelerated rate, as more startups enter the field and try to offer traditional services but using Bitcoins. You have everything from an Amazon-style book market, but only in Bitcoins, to advertising platforms similar to Google AdSense but in the Bitcoin economy. As Bitcoin becomes more widespread, they will only increase in number and reach, thus presenting a wonderful opportunity to join this at an early stage.

The great advantage of entering the Bitcoin economy now is that you enter this technology in the "innovative stage" and you will have the opportunity to be one of the leaders. Companies that operate in Bitcoin's current economy also enjoy free advertising of their businesses within the Bitcoin community. Everything from gyft that accepts Bitcoins to buy gift cards from the store to EVR bar that became popular in the highly competitive scene of bars and salons in New York by accepting Bitcoin as a payment currency for beverages.

The advantages of being part of the Bitcoin community will also be obvious: literally zero transaction fees for transcontinental money transfers, instant transfer of money without third-party delays and the ability to reach everyone on the planet that has access to Internet.

The economy of micro Bitcoin is already flourishing. Now you can do the traditional micro-tasks of agencies like CrowdFlower on the Bitcoin platform and win your first Bitcoins that way. If it is a business, there are many good opportunities to advertise your business to the Bitcoin audience through services such as Coin URL.

On the front of personal finance, it is best to keep a secure wallet online in one of the trusted offices. Wallet services and then start earning small amounts of Bitcoin just to get an idea of ​​how this economy works and how you can take advantage of this. If you have access to both Fiat and Bitcoin in a liquid market, there are many opportunities where you can pay in one and receive in the other to make the most of your business. The market is still not perfect and arbitrage opportunities exist through exchanges, goods and services.

Being part of the Bitcoin economy in this exciting stage should also be very beneficial for your business. You can reach an audience that otherwise would be very difficult to woo: people in the technological avant-garde of our society.

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