Up until this moment, Bitcoin has been widely rated as the number 1 successful digital currency. This all-new cryptocurrency technique involves the use of an encryption system to control new bitcoin creation as well as verify transactions.
Advocates of Bitcoin
It may interest you to know that notable personalities such as Bill Gates, Al Gore (former U.S. vice president), Sir Richard Branson (the Virgin Group founder), and Eric Schmidt (Google’s former CEO) are all enthusiasts of this digital currency.
Here are some great ways that you can partake in the Bitcoin revolution:
#1: Acquire It
In order to acquire this digital currency, three methods are usually used by users. The first is to accept bitcoin payments, the second is to mine for bitcoins, while the third method is to buy the digital currency on bitcoin exchanges.
#2: Become Part of the Services for Bitcoin
One of the many desirable aspects of this digital currency is that you can even start your own bitcoin business, and it will only cost you a little. And since it has become the number one method of moving money all over the world, the business turns over fast, promoting better profitability.
The best way to determine where to start engaging in this service is to take a cue from the existing business concepts that have made giant strides within the confines of this spectacular digital currency. Typical examples include digital/hardware wallet services and bitcoin payment processors. Research these businesses and gain some business inspiration from them.
#3: Take Advantage of Blockchain Technology
Blockchain refers to the technology used to bring about Bitcoin currency. It represents the public digital ledger of every bitcoin transaction executed.
The blockchain financial system promises a secure and improved technique to make transactions faster. You can make business with bitcoin by selling a payment system within the confines of this cryptocurrency system to organizations such as financial institutions.
Finally, one of the great ways to participate in Bitcoin is to invest in the technology.
3 Vital Lessons from Disruptive Technology
Disruptive technology is simply any technology that alters the way things are formerly operated, especially in the business world. It was Clayton M. Christensen who defined the term and analyzed the phenomenon in 1995.
So, What are the Vital Lessons from Disruptive Technology?
Lesson #1: You Have to Completely Believe in Your Idea for Others to Follow Suit
No matter how fantastic a concept or idea is, you will surely have negative talkers and critics trying to bring the idea down. This is perhaps the most difficult phase of bringing an idea into existence.
What should you do? Make sure that you figure out the top downsides that consumers or critics are likely to debate about. Then come up with well-thought-out and researched responses using examples, success stories, and statistics to prove why the idea will succeed.
Lesson #2: Find Someone Who Believes In and Shares Your Idea
One of the greatest ways to go through the startup phase of your idea successfully is to join forces with someone who believes in your idea and has an unquenchable passion for its success.
Lesson #3: Do Not Be Hesitant to Embrace New and Better Ways of Doing Things
If you hardly see anything good in new developments and ways of doing things, you will end up losing tons of opportunities that the new concept or idea offers. So, whether it is for your business or other endeavors, take advantage of new technologies or risk losing the benefits that they offer. Who knows, such benefits may be what you need to move on to the next level.
Disruption is not all in a negative sense. In fact, if you open your eyes and mind, disruptive technology will only unhook you from your old, less efficient way of doing things and plug you into increased efficiency for the best results.
