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Neonyology

by Tony H. Myandurbiz
This Is Going To Happen With Or Without YOU! Bitcoin is big business. The Bitcoin market is currently valued at $12.2 BILLION dollars and it's surprisingly easy to take a slice of that, Join Today!
Recommended Features
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Review on Neonyology

Bitcoin as Ecosystem
Entrepreneurs have a new opportunity to address the massively profitable finance market that in the US alone represents 7.5% of GDP and 20% of corporate income. With such a large market opportunity, investment in both time and capital for innovative new solutions is inevitable.
Early investment has focused on the mining of new bitcoins and venture capital has been flowing into exchanges like Coinbase and Buttercoin that help consumers easily acquire, store and exchange bitcoins for other hard currencies.Others are working hard to give ordinary investors exposure to Bitcoin as an asset class.
Bitcoin has massive implications for markets that the current financial services industry has ignored or struggled to penetrate. Online commerce all but requires preexisting access to a credit card or bank account, yet according to the GSMA 1.7 billion people have a mobile phone and no alternative to the cash economy. As digital cash, Bitcoin appeals directly to consumers as an accessible payment alternative without the risk and fees associated with existing credit and debit networks. Rapid growth of startup payment networks like M-PESA in Kenya (which was founded in 2007 and now is now processing 30%(!) of the countrys GDP) are a great early indicator for both market demand and adoption. Bitcoin will be a precursor to renewed innovation for financial services that have been long bundled or unavailable to various market segments.
Regards,
Tony Horton
http://www.neonymous.com/id/myandurbiz2

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About Tony H. Professional     Myandurbiz

922 connections, 45 recommendations, 3,032 honor points.
Joined APSense since, October 25th, 2010, From Atlanta, United States.

Created on Jan 2nd 2014 15:38. Viewed 925 times.

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