When you decide to Buy and Sell Cryptocurrency you can be left with lots of questions. How do I do it? Who is the best at getting the job done right? Who has the best integrity and transparency? What do I do next? There are also many other questions you might ask. But I have found a great place to go on the internet that is simple and easy to use for Buying and Selling Cryptocurrency. It’s called Coinbase and they can not only help you buy and sell but also help you earn cryptocurrency. Read on to learn more!
Coinbase’s Buying and Selling Cryptocurrency Philosophy
They realize that digital currency will impact the world in three main areas. This is what sparked their initial interest and excitement about bitcoin.
Innovation
The first area that is impacted is innovation. Many great ideas never happen due to the financial burden assumed by the innovators. It is a major hurdle in launching any business. Imagine if anyone who had an idea for a product could have customers all over the world from day one. If you build something people want, it should be available to everyone on day one. Consequently, the internet can offer this one-day turnaround if done properly. Coinbase did it right!!!
Efficiency
Payments can be frustratingly expensive and slow at times. It can take longer to wire money to Australia than to fly there! U.S. bank transfers usually take 3 business days and again that’s business days because they don’t work on the weekends.
Each payment company and country are running their own proprietary system of currency exchange, which doesn’t connect seamlessly with others. So, if the world’s payments ran on an open protocol (that is not under the control of one company or country) we would see a huge improvement in efficiency. In the same way that email or SMS spread around the world as an open standard. That is what cryptocurrency is all about. The efficiency of exchange with no borders and at the speed of light. Imagine if every payment in the world was as cheap, fast, and global as sending an email. This is what Coinbase achieves!!!
Quality of Opportunity
About 33% of the world lives on less than $2 per day, but 90% of them don’t have access to a bank account. So, when people don’t have the ability to save money, the smallest mistake or setback (theft, illness, injury) can be catastrophic. But luckily, nearly 100% of the developing world now has access to cell phones, and by 2020 about 85% of them will have a smartphone. Just imagine if anyone with a smartphone had access to the same financial services we enjoy in the developed world. Coinbase gives them that opportunity!!!
The traditional banking business model (earning interest on deposits) doesn’t work for people with very little money. Coinbase believes that digital currency on smartphones will bring financial services to many people in the developing world, and this will also help level the playing field and quality of opportunity.
Buy and Sell Cryptocurrency – Coinbase’s Mission
The mission of Coinbase is to create an open financial system for the world. So, they are unlocking bitcoin’s potential, as well as, making bitcoin easy to use and making bitcoin the most popular currency in the world. They have been the most successful company at letting people exchange digital currency into and out of their local currency. But what we’re actually doing is helping the digital currency movement grow. Hence, helping the world move to an open financial system.
Buy and Sell Cryptocurrency and Coinbase’s Strategy for Continuing Their Mission
- Be the easiest place to buy and sell digital currency.
- Help the industry grow by building awesome app prototypes for exchanging cryptocurrency.
The digital currency strategies are still brand new. This can be exciting and scary at the same time. The sort of people who participate in a company like Coinbase are those that want to play a role in shaping this new industry. It is a very different experience to help create something new vs making incremental improvements on an existing idea. Coinbase is an innovative industry leader that is trying to change monetary exchange for the better, worldwide. If you’re interested in exploring the opportunities that Coinbase can provide, visit their website!
Learn More About Cryptocurrency
If you want to learn more you can search online for more information or watch the video below. It gives you the basic information you need to understand Cryptocurrency. Once you understand the system you can assistance by Mining Bitcoin to help the system maintain it’s checks and balances. You can also earn bitcoin for this help through a free service called Smart Mining. Visit my Smart Mine page for more information.
