Wednesday, May 17, 2017

Honey Look What I Bought With Those Bitcoins!

That's exactly what you could be saying to your spouse in the not too distance future with the announcement that Mercedes Motor car maker Daimler AG (OTC:DDAIF) has just announced its ground-breaking foray into the Digital payments business. Looks like they want you to buy your next Benz Motor car from your Mobile phone as well!


Yes!  You read that correctly! Daimler AG (makers of Mercedes Benz Vehicles) is making a big splash in the digital world with its reported acquisition of Crypto currency processor PayCash Europe. This company is making a big bet on mobile payments and crypto currencies!  This story was just recently reported, according to an Article appearing on INVESTOPEDIA.com and other websites. 

You Could Be Buying Your Next Motor Car with BITCOINS!
Here are 4 angles from which you can view this announcement and profit.  You do want to profit; right?  Okay then.  Let’s show you a few things you should consider right now.

1. Crypto Currencies are here to stay and You Can Trade Them just like stocks                           

Bitcoin has pretty much exploded in value over the last 5 years.  As I write this,
Bitcoin (the first and most popular of the Crypto currencies which was launched in 2010) is hitting a high of US$1,735.57 for one BTC (Bitcoin). This is a huge 75% increase in just the last 6 months alone! 

Bitcoin is a traded currency, which is mostly immune from manipulation by governments because it is not controlled by any single entity! As a traded currency, you can trade it at popular BTC exchanges just like Gold, Oil, and Silver.  Let's say you had 10 BTC in January 2017, and that you held on to them.  You would have gained about US$6,000 as of today. Even better, if you bought just 1000 BTC (Bitcoins) for just $8 when it launched in 2010, those 1000 BTC’s would be worth  (1000 x $1,726) or US$1,726,000 today. 

Prices fluctuate daily, but right now they seem to be going up for the foreseeable future.  You can profit from this crypto currency in both digital currencies markets and in the Binary Options markets.


2. This Will Lead to Major Acceptance of Bitcoin (BTC) as a currency

Daimler AG's purchase of a BTC processor is just one major signal of acceptance and
importance of crypto currencies. This means that others large businesses like travel
companies, airlines, and other manufacturers will soon follow, making Bitcoin and
other major crypto currencies potential players in both the online and off-line
markets. 

This means that you can now take advantage of opportunities as a BTC miner, investor
(much like buy and holding stock), and a BTC trader.  There are many players crowding the crypto currency market right now but opportunities still abound.

3. You can invest in Regional Crypto Currency Processors

This will require more information, research, and investment, but right now is a great
time to consider developing your own Crypto-Processor for specific markets. Many countries in Africa are currently at a more advanced stage of mobile payment development than other first-world, more advanced economies. A fusing of Crypto currencies with mobile payment systems in less developed regions is sure to follow.

As reported in the Wall Street Journal in November 2015, MFS (a mobile-payment platform in South African) is connecting 55 million people in 17 African countries, helping them to send and receive money using their mobile phones. At the time of reporting, this was a 30-person startup group. Opportunities are available if you are looking for them.

The thing to do is to look at digital marriages, if you will.  Digital currencies are already digitized. Mobile data is already digital data.  Finding a way to make commerce easier for people with smart phones but who may be in remote areas, could be a cozy marriage; of sorts. Sending money to mobile phones is just one step.  The next is to be able to buy goods and services online and off-line using the money on your phone.

Think of all the things you could sell to someone who not only needs your products but
who also has the right crypto currency that you accept.

What are Crypto Currencies anyway?

A crypto currency is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Crypto currencies are a subset of alternative currencies, or specifically of digital currencies. Importantly, they are usual a finite amount of them, but are usually mined or discovered using high computing power and complex math formulae.


We hope you enjoyed this article. Your feedback would be awesome!

Anthony Chambers
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