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My brother usually sends me upkeep fiat money(paper money).He heard about #bitcoin and told me about it and how amazing it is.
He now uses bitcoin transfer to send me a few SATOSHIS.
It's Instantaneous using lightning transfer! And the best part is, Most transactions are FREE!
Transactions costs are very painful especially to comrades. So a few days ago, I told my friends here in campus about #bitcoin but they couldn't believe it so I showed them,we created an account and we transferred a few SATOSHIS to the account and back.
We decided we will tell other comrades about #bitcoin, this is all too good to be true. Through our Bitcoin Chama, we will tell comrades about this. This is REVOLUTIONARY to for Kenya! This is REVOLUTIONARY for us!
Our future is brighter with #Bitcoin.
Tell someone about #bitcoin today, it can change a life. Banks and governments have used as for far too long.
We intend to use Bitcoin Chama to bring great impact to society. I know it will greatly help us.
He now uses bitcoin transfer to send me a few SATOSHIS.
It's Instantaneous using lightning transfer! And the best part is, Most transactions are FREE!
Transactions costs are very painful especially to comrades. So a few days ago, I told my friends here in campus about #bitcoin but they couldn't believe it so I showed them,we created an account and we transferred a few SATOSHIS to the account and back.
We decided we will tell other comrades about #bitcoin, this is all too good to be true. Through our Bitcoin Chama, we will tell comrades about this. This is REVOLUTIONARY to for Kenya! This is REVOLUTIONARY for us!
Our future is brighter with #Bitcoin.
Tell someone about #bitcoin today, it can change a life. Banks and governments have used as for far too long.
We intend to use Bitcoin Chama to bring great impact to society. I know it will greatly help us.
If you are seeing this post it means you followed me.(part 2)
Now, how do you invest? Most people ask themselves, how do I invest, I don't have 61k to buy a whole coin, what should I do?
The solution is simple, you can buy from as small as 1Satoshi
A Satoshi a Satoshi is the smallest unit of #Bitcoin 1bitcoin=100M Satoshi.
This makes it even easier. So you can buy from as small as 1Satoshi which is around 0.00061$(nearly 10cents in Kenya)
I wrote this thread targeting the Africans more, they need this info.
MOST of us have been lied to about bitcoin. We have heard so many conspiracies about bitcoin yet we are the ones who need more bitcoin knowledge than anyone else,we are the ones who need to embrace #BTC more.
Now, how do you invest? Most people ask themselves, how do I invest, I don't have 61k to buy a whole coin, what should I do?
The solution is simple, you can buy from as small as 1Satoshi
A Satoshi a Satoshi is the smallest unit of #Bitcoin 1bitcoin=100M Satoshi.
This makes it even easier. So you can buy from as small as 1Satoshi which is around 0.00061$(nearly 10cents in Kenya)
I wrote this thread targeting the Africans more, they need this info.
MOST of us have been lied to about bitcoin. We have heard so many conspiracies about bitcoin yet we are the ones who need more bitcoin knowledge than anyone else,we are the ones who need to embrace #BTC more.
This makes them to buy bitcoin, this increases #BTC demand against the limited #BTC supply.Why you should invest in #Bitcoin today.
If you asked any person who understands #Bitcoin on when it is best to invest in bitcoin, he/she will tell you today is the best time to invest. Here is why;
Bitcoin's supply is limited. Bitcoin is capped at 21M, in simpler terms, only 21M bitcoins were created and this are the only ones that will ever exist.
Up to today, 19M bitcoins have been mined and are circulating around. This means that only 2million bitcoins are left to be mined. This takes us to the demand and supply curve. Every day, more people learn about bitcoin and how much it can change their financial life .
Up to today, 19M bitcoins have been mined and are circulating around. This means that only 2million bitcoins are left to be mined. This takes us to the demand and supply curve. Every day, more people learn about bitcoin and how much it can change their financial life .
This makes them to buy bitcoin, this increases #BTC demand against the limited #btc supply.
So every day so you fail to invest in #Bitcoin , the higher the demand grows and so does the price.
In a few years, 2-3, you will watch as Btc hits 200K$(29.2M in my country) or even higher and #Btc will forever keep growing.
Whereas, #btc is at only 61K today.(its a lot of money I know) but, before it's too late or too expensive for you, buy a #Bitcoin today.
#BTC halving is in the next 50days. When bitcoin halving usually occurs, the price of #btc increases. #btc is at 61k today and is still growing, given after the halving, #btc will hit a new ATH that has never been seen. #btc growth in the next 4 years will leave the world in awe!
Now, how do you invest? Follow me for part 2
If you asked any person who understands #Bitcoin on when it is best to invest in bitcoin, he/she will tell you today is the best time to invest. Here is why;
Bitcoin's supply is limited. Bitcoin is capped at 21M, in simpler terms, only 21M bitcoins were created and this are the only ones that will ever exist.
Up to today, 19M bitcoins have been mined and are circulating around. This means that only 2million bitcoins are left to be mined. This takes us to the demand and supply curve. Every day, more people learn about bitcoin and how much it can change their financial life .
Up to today, 19M bitcoins have been mined and are circulating around. This means that only 2million bitcoins are left to be mined. This takes us to the demand and supply curve. Every day, more people learn about bitcoin and how much it can change their financial life .
This makes them to buy bitcoin, this increases #BTC demand against the limited #btc supply.
So every day so you fail to invest in #Bitcoin , the higher the demand grows and so does the price.
In a few years, 2-3, you will watch as Btc hits 200K$(29.2M in my country) or even higher and #Btc will forever keep growing.
Whereas, #btc is at only 61K today.(its a lot of money I know) but, before it's too late or too expensive for you, buy a #Bitcoin today.
#BTC halving is in the next 50days. When bitcoin halving usually occurs, the price of #btc increases. #btc is at 61k today and is still growing, given after the halving, #btc will hit a new ATH that has never been seen. #btc growth in the next 4 years will leave the world in awe!
Now, how do you invest? Follow me for part 2
What is #bitcoin halving?
#bitcoinhalving is a scheduled event where the block reward for mining new #bitcoinsis cut in half. This happens roughly every four years, or after every 210,000 blocks are mined. The total supply of bitcoins is capped at 21 million, and halvings are a way to gradually release this supply into circulation.
The next bitcoin halving is expected to occur in April 2024(approximately 44days). After the halving, the block reward will decrease from 6.25 #Bitcoin to 3.125 #bitcoins.
Halvings are significant events for #bitcoin miners and investors. For miners, it means they will earn less #bitcoin for their work. For investors, it could lead to an increase in the price of bitcoin, as the supply of new coins becomes more scarce.
#bitcoinhalving is a scheduled event where the block reward for mining new #bitcoinsis cut in half. This happens roughly every four years, or after every 210,000 blocks are mined. The total supply of bitcoins is capped at 21 million, and halvings are a way to gradually release this supply into circulation.
The next bitcoin halving is expected to occur in April 2024(approximately 44days). After the halving, the block reward will decrease from 6.25 #Bitcoin to 3.125 #bitcoins.
Halvings are significant events for #bitcoin miners and investors. For miners, it means they will earn less #bitcoin for their work. For investors, it could lead to an increase in the price of bitcoin, as the supply of new coins becomes more scarce.
In my introduction course to Bitcoin, I've learnt this;
1. A store of Value- The total number of Bitcoins is limited to 21Million dollars, this creates a scarcity, and it pushes your assets as the demand for bitcoin increases.
2. Decentralized Transactions- Bitcoin transactions are conducted from user to user without the need for intermediaries like banks.
3. Secure and transparent- Bitcoin transactions are very secure and transparent, its impossible to fake them.
4. Borderless Transactions- Bitcoin can be sent and received anywhere in the world at any given time without converting currency
5. Liquidity- Bitcoin is traded on various cryptocurrency exchanges around the world which in turn provides liquidity for investors conducting trading with Bitcoin.
6. Financial Inclusion- Bitcoin has the ability to provide services for individuals that are affected by ‘traditional’ banking systems. Anyone with a phone can access his/her account.
7. Freedom- Bitcoin is freedom. Users can do transactions without revealing their identity. Also, since bitcoin is in digital wallets, only the owner of the account can access, not even governments. You can do transactions freely knowing they can never be traced.
It's amazing what Bitcoin can do in the modern world. Bitcoin is also an investment.
What else did I forget?#Write2Earn #BTC
1. A store of Value- The total number of Bitcoins is limited to 21Million dollars, this creates a scarcity, and it pushes your assets as the demand for bitcoin increases.
2. Decentralized Transactions- Bitcoin transactions are conducted from user to user without the need for intermediaries like banks.
3. Secure and transparent- Bitcoin transactions are very secure and transparent, its impossible to fake them.
4. Borderless Transactions- Bitcoin can be sent and received anywhere in the world at any given time without converting currency
5. Liquidity- Bitcoin is traded on various cryptocurrency exchanges around the world which in turn provides liquidity for investors conducting trading with Bitcoin.
6. Financial Inclusion- Bitcoin has the ability to provide services for individuals that are affected by ‘traditional’ banking systems. Anyone with a phone can access his/her account.
7. Freedom- Bitcoin is freedom. Users can do transactions without revealing their identity. Also, since bitcoin is in digital wallets, only the owner of the account can access, not even governments. You can do transactions freely knowing they can never be traced.
It's amazing what Bitcoin can do in the modern world. Bitcoin is also an investment.
What else did I forget?#Write2Earn #BTC
I think we should advocate for bitcoin in Africa. 1 Btc is currently at 51634.5usd=7. 4M in my country🇰🇪. In a few years to come(say 3-5 years), when #BTC has been well known, 1 Btc will be around 100K+This will be very difficult for us to even consider using a Btc currency given our background#Write2Earn