BitKings is a South African based company that educates people about Bitcoin. The company's mission is to bring Bitcoin to the people by providing informative seminars as well as financially empowering products and services.
Nowadays, most people have access to the internet and they use it on a daily basis. During the early days of the internet everybody heard about and to a certain extent were enlightened about its emergence, but most people were hesitant and skeptical about it, until it became "common" or perhaps a "predominant"platform that connects people globally. Well, BitKings is precisely at that point..
Banks and accounting systems use ledgers to track and timestamp transactions. The difference is that the blockchain is completely decentralized and open source. This means that people do not have to rely on or trust the central bank to keep track of the transactions. The peer-to-peer blockchain technology can keep track of all the transactions without the fear of having them erased or lost.
Bitcoin mining provides a reward for miners by paying out in Bitcoin in turn the miners confirm transactions on the blockchain. Miners introduce new Bitcoin into the network and also secure the system with transaction confirmation. They are also rewarded network fees for when they harvest new coin and a time when the last bitcoin is found mining will continue.Purchase Now
"Everything around you that you call life was made up by people that were no smarter than you and you can change it, you can influence it, you can build your own things that other people can use. Once you learn that, you'll never be the same again."
When you push innovation to the edges of the network,when you remove the requirment for permission.
WHAT HAPPENS ?.
Exponatial explosion in innovation.
A network without a central place of control,a system completly decentralised like the internet itself.
Bitcoin introduces a platform which runs currency as an application.
Bitcoin is not money for the internet but the internet of money.Bitcoin is different than any currency you've used before, so it's very important to understand some key points. Unlike government issued money that can be inflated at will, the supply of Bitcoin is mathematically limited to twenty one million bitcoins and that can never be changed.