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It is the biggest thing in the world right now, but Kenyans are sadly missing out. Unlike the many get rich schemes people keep falling for, Cryptocurrency is the future of finance, and as more people get into it, their value is growing exponentially. You probably heard about it only in passing but never paid much attention.

You just might have missed a big chance to get rich. Bitcoin is basically an online form of currency that is earning interest on bitcoin minerals, secure and open. Unlike services like PayPalBitcoin eliminated the need for a bank to act as an intermediary. You may confuse this earning interest on bitcoin minerals for weakness, but it took many years to invent the technology that runs this service — Blockchain.

The reason is because by design, the internet works by sharing information. What this means is that when I send you an email, I also earning interest on bitcoin minerals with a copy. When you earning interest on bitcoin minerals this article, you are just reading a copy of it. When you download an app, you are downloading a copy. However, currency cannot work like this. For it to have any value, you need a guarantee that when I give it to you, I have not retained a copy.

That would be money created from thin air. To go around this, the likes of Visa and MasterCard have to be at the centre of every transaction.

Until Blockchain technology came along and is slowly eliminating them from the equation. You have Sh, in you bank account in January. You leave it untouched for the whole year. How much will you find at the end of the year. The interest earned on money is negligible. Assuming you you bought some government bond like M Akiba. Of course if you had invested Sh10 million, the returns would be much better.

If you started with Sh, in January, you would now have close to Sh5 million. That may sound earning interest on bitcoin minerals, but it is.

In theory, all you need is a computer and some mining software. However, Bitcoin is designed to mimic the real world. When a mineral is discovered somewhere, the first few months, it will be all over the place. You can even collect it on the ground.

So, can you mine Bitcoin earning interest on bitcoin minerals your laptop? By some estimates, it would take you years on a high end laptop to mine 1 Bitcoin. The main reason is because the normal computer graphics card is not designed for this job, no matter how powerful it may be. The technology behind these coins may be almost 10 years old, but Kenya is yet to catch up. There are very limited ways you can buy Bitcoin or other alternative currencies from Kenya, without spending an arm and a leg.

Most options sell way above market price. Most coin exchanges online do not accept Kenyans, and the ones that do, require too much verification that does not even work in a Kenyan setting.

You may still have to do some verification on Spectrocoin, like uploading your ID card. So have it ready. Once you have the amount in your Spectrocoin account, click the buy Bitcoin button. It will be almost instantaneous, and your wallet will now indicate how much Bitcoin you own. Can be something like 0. You can choose to leave the Bitcoin right there, but this is not advised since hacking is real and some of these websites keep earning interest on bitcoin minerals under.

Best choice is to store the Bitcoin in your local computer. Go back to Spectrocoin and click send Bitcoin. Paste the Exodus address and enter the amouut of Bitcoin you want to send. You Bitcoin will arrive in a few seconds and now Exodus will tell you how much they are worth in US dollars.

Inside Exodus, there is an earning interest on bitcoin minerals to exchange the Bitcoin for other coins. The developers promise to keep adding more coins, but currently you have an option of 6 coins. Luckily, Ethereum is one of them. Click exchange and follow the prompts. Set up a back up mechanism in case your computer is stolen. Click the Backup and restore button.

Depending on the amount of investment, consider buying an physical wallet looks like a flash disk. Or maybe storing your bitcoin in paper format there are websites for that.

Once again depending on your investment, consider renting a safe deposit box in a local bank. Store your flash or paper wallet there. Use the same Exodus to accomplish this. Neteller offers a good tool to covert Bitcoin to USD. The money gets deposited into your Neteller account.

But do not get into this hoping for quick money. This is a long game, and you should invest what you do not need right now. Ethereum on the other hand is more of a platform that is seen to have more potential than Bitcoin. It earning interest on bitcoin minerals being adopted by many large companies, and everyone sees it as the future of the world. Vitalik Buterin — its inventor, recently met Vladimir Putin, who gave his stamp of approval.

Cryptocurrencies trends — Coinmarketcap. Buy Bitcoin — Spectrocoin. Basically, almost everything on the internet is a copy of the original.

Assuming you bought Ethereum at the start of the year. So, you tell me, is Bitcoin or Ethereum a good investment? Recommended stories you may like:.

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Bitcoin HYIP programs exist that offer ordinary people profits beyond what they would earn by holding Bitcoin alone. Many are scams but one stands apart from the rest. Bitconnect is among the best cryptocurrency investments of all time. Its value is predicated on profits from Bitcoin trading. It's a solid company with a strong history and a bright future for all who partake in its opportunity. If you have not yet had a formal introduction.

Cryptocurrency is about Stateless money, providing additional security to savings, and creating an evolution in humanity's understanding of money. I will be presenting more info about my research on this channel soon. I hope you can learn from me, and I from you, about being financially independent, for all our knowledge should be shared to help one another thrive.

Ethically, there is more value to Bitcoin, as an autonomous deflationary currency based on math, than FIAT government money which inflates and loses value, is backed by oil and war.

This money is tied to innovation as new companies with services and products are coming onto the market to help people. Using Bitcoin and competitive currency is practically the most moral thing you can do with money. Deterministically, as the Bitcoin and cryptocurrency ecosystem evolves, there will be more security over our money than anything any bank or any government will ever provide.

We are individually transforming the world with every bit of money we transfer into the deflationary cryptocurrency universe. Rather than just hold Bitcoins, greater value can be earned with having some stake in a HYIP program. When being introduced to cryptocurrency, you need a plan to profit.

Buying in, getting alternative coins you like and holding does not demonstrate your full earning potential. There are many ways to earn residual income with cryptocurrency.

HYIP programs are just another way to earn that is predicated on the same trading you can do, but having another professional company do it for you so you can relax and let your money make money for you. There is a great risk in most cases and many HYIP programs turn into scams. HYIP sounds like hype and often they offer deals that sound too good to be true, and they eventually collapse.

One stands apart from the rest and this one is working to establish confidence in the model with modest yields. Professional traders earn great yields daily, using arbitration robots to automatically trade micro-fluctuations they manage the financial world. The idea of having a Bitcoin arbitration program that pays off its investors is sound. Now, we have a solid Bitcoin investment program that pays you back compounding interest continuously. Bitconnect is an open source program with its own currency that pays investors for holding long-term, known as "proof of stake".

This along with their lending strategy encourage investors to want to hold their currency and maintain its value among traders. Its value increases from new investors bidding in the free market and from profits they make off of Bitcoin trades they do themselves with the help of an arbitration robot.

Furthermore, the currency can be also be mined by people who invest in mining hardware. Earnings accumulate and can be invested in their arbitration program, simply for hosting the hardware and paying the electric bill. Bitconnect is among the top market capitalization cryptos of about 1 billion dollars at the time of this writing. I have been paid back in full in less than the days from my investment contract.

See this spreadsheet to see how compound interest can make you wealthy over time. Using the program is easy and there are straightforward answers on the site to help you. There are two wallets, one online and one that is to be saved to your computer so be aware of this when you begin so you're not confused. You need Bitcoin to buy a Bitconnect investment and you will want your own wallet with private keys to save your Bitcoin most securely as well.

Coinbase offers a good price from a safe vendor in the United States who is going along with the SEC and not likely to get shut down. Coinbase requires a week to process orders so if you need a faster way to acquire it, you can also use Coinmama , Local Bitcoins , or CEX.

If you're already in Bitcoin, please join my Bitconnect community by signing up through my affiliate link. I'll be happy to work with you directly to spread the coins adoption far and wide as a member of my team. Buy your bitcoin and then invest in Bitconnect here. I hope I can help you as others have helped me.

The profit has enabled me too soon pursue starting my own business for activism. I plan to soon be financially independent because of cryptocurrencies and smart investments with them such as this Bitconnect program. While it may not be a scam in your opinion, it could be considered spam. Spam is not appreciated by the community and could be flagged or may result in action from the cheetah bot.. I should have the right to use any referral links I want.

How is it spam unless I flood your inbox with it or I just keep making consecutive posts. This is one post I'm using to bring people into Steem. I won't make spammy blogs. This one is informative about crypto for people who want to know. I had the exact same problem yesterday. These Robots are ruining Steemit.

How is it spam if we post it on our own blog???? I invested 1, and I'll post a pic later, about a week when it's all paid. It's at 1, right now. I'm about to go full in with 10K like many others have and I'm sure it will be awesome just as my original investment has been. I'm still going to earn more than double back for the next days too. That's value and they trade properly. The platform is open source, they just don't give their bot code out, that's proprietary, it makes sense. Ripac, I found compound interest for crypto, check out my blog post and explore if you're interested.

I like the other stuff you're doing, but unfortunately BitConnect is a blatant scam. I wish you would get rid of that stuff to give more room to an otherwise worth while movement. For no one could tell that they were until it happened. They announced their debit cards, the events, it looked like they were legit but no we have all learned. I wish I could take down this post but such is the nature of Steemit.

At least we can all learn from the mistakes. I will soon post a blog about the lessons learned here. I flagged this post myself. I was a new investor in Crypto at the time. Steemit keeps everything, let this be a lesson for other investors. Beware the HYIP programs in general. If I could delete this I would but such is the blockchain.

Regardless, again, it's all about learning from mistakes and being humble and accepting them. I accept I wasted money on Bitconnect and I hope to prevent these types of things from happening to myself or others by being more diligent.

I am however already invested in just a few more. I will share them for what they ware worth, perhaps they can be of value for a short time, but once I'm done with them, I'm done for good. If you read this, don't bother up voting. Just read my other posts where I go on to explain my deeper thoughts on the topic. Thank You for Following!

Earn Compounding Interest on Bitcoin Daily! What are your dreams? What will you do with your life when you are financially able to retire? Authors get paid when people like you upvote their post. Some things that can be considered spam: Have you personally started using Bitconnect, has it been profitable?