The particular Bitcoin economy is increasing in a rapid rate, as more and more startups your sphere and try to offer traditional solutions but using Bitcoins. You have many methods from a marketplace of books aka Amazon style but only within Bitcoins to advertising platforms much like Google AdSense but in the Bitcoin economy. As Bitcoin goes more mainstream, these are only going to increase in number and scope, thus introducing a wonderful opportunity to get on board with this at an early stage.
The big advantage of entering the Bitcoin economy now could be that you’ll get in on this technology on the ‘innovator stage’ and you’ll have the opportunity to be one of the leaders. Businesses that run in the current Bitcoin economy also have a free publicity of their business inside the Bitcoin community. Everything from gyft that accepts Bitcoins to purchase store gift cards to EVR bar that will became popular in the highly competitive club and lounge scene in New York by accepting Bitcoin as payment currency for drinks.
The advantages of becoming part of the Bitcoin community should also become obvious – literally zero transaction fees for trans-continental money transfers, instant transfer of money without any third-party delays and ability to reach everybody on the planet who has access to the internet.
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The tiny Bitcoin economy is already flourishing. Now you can do the traditional micro-tasks from organizations such as CrowdFlower on the Bitcoin platform and earn your first Bitcoins this way. If you’re a business, there are plenty of good opportunities to advertise your business to the Bitcoin audience through services like Coin WEBSITE.
On a personal finance front, it is best to keep a secure wallet on the web at one of the trusted wallet providers and then start earning some a small amount of Bitcoin just to get an experience for how this economy functions and how you can leverage this. If you have access to both fiat and Bitcoin in a liquid market, there are plenty of possibilities where you can pay in one and get in the other to get the most out of your business. The market is still not ideal and there are arbitrage opportunities through exchanges and goods and services.
Being portion of the Bitcoin economy at this exciting phase should prove highly beneficial to your business as well. You’ll be able to reach an market that would otherwise be very hard to woo – the people at the technological forefronts of our society.