February 2014 – Digital Mining Investments
February 2014 – Digital Mining InvestmentsBitcoin has garnered a lot of attention in the media lately, and for good reason. It is a revolutionary new approach to money and financial exchange that solves many of the biggest problems of our outdated banking system and modern paper currency. But like any cutting-edge idea, understanding Bitcoin’s impact on the meaning of money and its incredible potential to reshape how the world financially interacts means learning some new patterns of thinking and new terminology that can be a little daunting at first. Think back to the first time you heard the terms browser,в URL,в or search engine. в Could you have ever guessed these would be so common in our daily vernacular, or so widely understood? Commonplace words such as “cookies,” “virus,” and “spam” also took on new meanings in the short decades since the birth of the World Wide Web. The web changed the physicality of our day-to-day lives and the value we place on certain things. Would you consider buying an expensive set of encyclopedias when you can now simply go online to access the information you are looking for? When was the last time you sat down and wrote someone a letter? Technologies that transform how humans interact also change language and our perception of value. So it is with the digital currency revolution. New terms such as “blockchain,” “hashrate,” and “digital mining” might seem obscure and hard to wrap your head around right now, but it is only a matter of time before they are part of our vernacular. Why? Because the concept behind digital currency is on par with the Internet in terms of its potential to change the world. Unlike fiat currencies (such as the U. S. dollar) that are created out of obligations of debt, derive their value from trust, and require a centralized third party (a bank) to conduct transactions, bitcoins are created out of the processing of transactions (mining); derive value from an algorithm that balances the perceived worth of the currency with the difficulty it takes to mint it; and no centralized party can profit off of (and potentially manipulate) transactions. It’s a lot to wrap your head around for sure, but the bottom line is that Bitcoin is easy to transfer, is secure, and has a predictable, limited supply. For most people, just making a few transactions with Bitcoin and seeing how easy and cheap it is to exchange money for goods and services is enough to cause some excitement about the future of digital currency. So ask yourself, are you ready to step into the future and familiarize yourself with this exciting new financial technology? If you want to understand more about Bitcoin, mining digital currencies, and investing in one of the most revolutionary ideas of the digital age, then here is your opportunity: Digital Mining Investments, a recognized leader in digital currency technologies, will host an Introduction to Bitcoin seminar on Friday, February 28, 2014 in Sarasota, Florida. The event is free, open to the public, and will give you the opportunity to have all your questions about digital currencies answered by some of the biggest names in the industry. Bitcoin experts will be on hand to help you set up a bitcoin wallet, and units of bitcoin will be given away to a few lucky attendees. Complimentary refreshments will be served. Attendance is limited, so make reservations today! Introduction to Bitcoin SeminarWhere: The HuB, 1680 Fruitville Rd, 3rd Floor, Sarasota, FLWhen: Friday, February 28th from 6 p. m. – 8 p. m. To Register: Go to Eventbrite. com
