Investing has been used for building wealth for decades and it has led to financial independence for many people around the globe. Cryptocurrencies have now entered the worldwide financial system and can also lead to financial independence, if invested properly. Financial Independence can have a different meaning for different people. It can mean having the financial assets necessary for you to spend your time doing what you love without worrying about paying bills. It could mean vacationing whenever and wherever you want, spending time with your family instead of spending time working, or having a retirement full of pursued passions, rather than rationed resources.
Purchasing Cryptocurrencies as an investment is something that anyone can do, but since it’s a new emerging technology, it requires special knowledge. The upside is that the potential for profit in the crypto market is great, but you must know what you’re doing. That’s why CPN offers this incredible tool to help transition someone who knows nothing, or very little, about crypto, into becoming crypto-fluent in an affordable, accessible, and uncomplicated way. Don’t get left behind as Crypto Prices continue to head North. Subscribe to our CPN Crypto Trainer today!
Bitcoin is a specialized digital currency that was made in early 2009. The technical specifications of Bitcoin were laid out in a whitepaper authored by the mysterious Satoshi Nakamoto. This is likely a pseudonym. The identity of the people or peoples who created this incredible technology are still a mystery. And in truth, they don’t really matter. Bitcoin operates on a decentralized authority structure. This means no person or company, or government controls the currency. Bitcoin offers lower transaction fees than traditional online payment, along with greater security and anonymity.
Bitcoin is a type of cryptocurrency. There is no such thing as a physical bitcoin. Bitcoin is essentially a list of balances kept on a public ledger that anyone can view. Bitcoin transactions are verified by distributed computing power. Which means users’ personal computers run software that acts as servers do for banks. Bitcoins are not issued or backed by any financial institutions or governments. While Bitcoin is not legal tender, its rampant popularity has triggered the creation of hundreds of other cryptocurrencies, often referred to as altcoins. Bitcoin is abbreviated as “BTC.” On exchanges, this is treated much like a stock ticker.
Digital currency is currency that is only available in digital form. This is different from online banking—in which one manipulates money that has physical form via the internet. Digital currency is also called electronic money, digital money, cyber cash, and electronic currency.
Digital currencies are intangible. They may only be owned and transferred by using computers connected to the Internet or the currency’s designated network. Physical currencies, however, like the American dollar or Canadian penny, are tangible. Transactions are possible only by holders who have physical ownership—whether personally or by proxy.
But as with any standard currency, one may purchase goods and pay for services with cryptocurrency.
Digital currencies possess all the intrinsic properties of physical currency, allowing for instantaneous transactions that can be seamlessly executed. As well, as making payments across borders and regions that would usually require additional currency exchange.
For example, an American can make payments in digital currency to a contractor residing in Sweden, if they share a crypto network.
Digital currencies have numerous other advantages. They can allow for transactions between parties without intermediaries, are usually instantaneous and low-cost, and create record keeping and transparency in dealings.
A cryptocurrency is a digital currency secured by encryption. This encryption makes it nearly impossible to counterfeit or double-spend. Most cryptocurrencies are decentralized networks built on blockchains—publicly distributed ledgers-that are maintained by a disparate network of user computers. An important feature of cryptocurrencies is that they are generally not issued by any single authority. This makes most cryptocurrencies theoretically immune to all internal government interference and most external government manipulation.
The differences between Digital, Virtual, and Crypto Currencies are as follows:
Digital currencies can be considered a superset of virtual currencies and virtual currencies can be considered a superset of cryptocurrencies.
When issued by the central bank of a country in a regulated manner, a digital currency is called the “Central Bank Digital Currency (CBDC).” As of right now, CBDC’s only exist in concept. But England, Sweden, and Uruguay have considered plans to launch a digital version of their native currencies.
Digital currencies can also exist in an unregulated form. These are virtual currencies. Virtual currencies may be controlled by the currency developer, the founding organization, or a decentralized authority structure, dictated only by the defined network protocol.
Since cryptocurrencies are unregulated, they are a kind of virtual currency., Bitcoin and Ethereum are the most popular.
In the News:
What top business professionals are saying about cryptocurrencies.
Mark Cuban Explains Potential of Ethereum and Bitcoin in 2021 [RESPONSE TO WALL STREET MANIPULATION]
Anthony Scaramucci says bitcoin could reach $100,000
What Kevin O’Leary Just Said About Ethereum and Why It’s Headed to $40,000
Here at Crypto Price North (CPN), we strongly believe that cryptocurrencies are here to stay. This world-changing technology will increasingly become a part of everyone’s financial future. We believe investing in cryptocurrencies should be viewed as another path towards financial independence. Therefore, getting educated and investing early is essential to building long-term wealth. This is why CPN exists. Our goal is to educate people about cryptocurrencies through a series of video courses – “CPN Crypto Trainer” – that provide instruction on how to purchase and store digital currency. We also offer our customers regular updates on cryptocurrency trends as the industry evolves and we share CPN’s investments.
Frequently Asked Questions
New courses weekly
A monthly video update on current happenings in the crypto space
A list of cryptocurrencies CPN is buying, selling and holding
A text message alert service showing what CPN buys or sells in real time
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Take advantage of this opportunity to gain access to our educational videos to become crypto-fluent so you don’t get left behind as Crypto Prices continue to head North.
The other parts of the winning story are being able to take advantage of the opportunity when it presents itself, and the last part is just doing it. Everyone remembers when a once-in-a-lifetime opportunity presented itself to us, but we did not take advantage of it. We found a reason not to act on it and now we look back on our decision with regret.
We want to present to you another once-in-a-lifetime opportunity. The opportunity I am speaking of can be found in cryptocurrencies. We are excited to offer our new educational program, “Crypto Trainer.” This program will help you gain the knowledge you need to better understand cryptocurrencies and the tools needed which will allow you to just do it and invest in cryptos.
