SAMKoin
As with any business venture, you need to learn what to do. In the world of bitcoin and cryptocurrency, which are all other coins that exist online that can be cashed out to physical money, there is more than one way to earn. For this introduction to cryptocurrency using SAMKoin, we will cover the necessary understanding of what crypto is and how to get a bit of that dream.
Bitcoin is a cryptocurrency as it is in digital form, and all the rest of the coins that exist only online are called cryptocurrency.
Digital money
Many people are not aware that more than 80 percent of the world's money is digital form. That balance you see in the ATM is money in digital form. The banknotes and coins, the physical form of money, is a mere 20 percent of all the funds. When transferred from bank to bank or from a remittance agent to a claiming branch, money is done by using encrypted codes. It does not physically move. Bitcoin and cryptocurrencies do not have a physical form but may be converted to be withdrawn as a fiat currency.
When money is circulated
Cryptocurrency funds might gain value with time, but the more it is circulated, the more value it has. Fiat currency, like the banknotes that we use now, is no longer backed by the gold standard but gain value due to circulation. One of the most popular fiat currency is the US dollar because the US dollar is accepted and exchanged to the local currency in most countries worldwide.
Local fiat currency
A local fiat currency has value, and you can use it in the country that it was issued. Still, you will not fly out of a country, bringing the local currency, as you need to get US dollars or other fiat currency that are commonly accepted in exchanges. So, in the global exchange, it is US dollar that people exchange often. That is why the value of the US dollar is stable, and you travel bringing US dollars cause it is acceptable, and that's why it has value because of the trade.
Worldwide exchange and use
The same principle applies as a cryptocurrency when it is traded; it gains more value. Bitcoin has value far higher than any fiat currency and other cryptocurrencies because it was first and can be used without borders. People worldwide would usually exchange their crypto into bitcoin, but now other coins are getting value because people will choose to store and/or trade these coins. Bitcoin trading value does have sharper peaks and drops, its will never be zero. Digital currency, when it is a cryptocurrency, is accepted and has value online when it is live or listed in an exchange. Before that happens, it has to be launched in an initial coin offering (ICO).
SAMKoin already has value even before being launched in an ICO. One SAMKoin is equivalent to USDT. Many tokens (cryptocurrencies that have not yet been launched) typically have a value of $0.0000001 or even less.
One of the factors of this crypto having potentially a larger value that the initial value of USDT is because the marketing is brilliant and is not copied from the usual cryptocurrency marketing approach. At several cryptocurrency sites that you will get referral income in the form of more crypto by encouraging other people to sign up. Airdrop means that the crypto is at this stage of being given away before the launch. This is done so the coin will be circulated; hence it can gain value.
If you become a subscriber, you are taking a step to pursue your dream of financial freedom and earning while you sleep. Let the eco-system work for you so that the odds may forever be in your favor.
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