The Secret $20 Bitcoin Blueprint
The Secret $20 Bitcoin Blueprint Posted On Jun 21, 2014 By Louis Basenese [curated by Glen Brink for MyBitcoin Blog ] The first cryptocurrency exploded on the scene back on May 22, 2010… That’s when a web developer purchased two Papa John’s pizzas using 10,000 units of Bitcoin. Bitcoin is a peer-to-peer digital currency — meaning there’s no middleman (the bank) getting in the way. Back in 2010, Bitcoin was trading for less than a penny. In fact, 10,000 bitcoins were worth about $30 at the time. Then the price of the digital currency quickly skyrocketed higher. By 2014 — just four years later — that same $30 starting stake was worth more than $5 MILLION. But get this… Today, that same $30 is now worth a life-changing $20 million! Cryptocurrency Basics In the past, all transactions took place with an intermediary — like a bank — overseeing the process. The bank would verify the transaction, adding a certain level of trust. Cryptocurrencies completely revolutionized the old...