The 3 types of currencies.

1. Fiat Currency: This is the name given to all notes and coins issued and backed by the government which is used as a medium for settling transactions.  

2. Commodity [Currency]. This is mostly mineral resources such as gold, silver, diamond etc, which can be used as a store of value and exchange of goods and services.

3. Crypto Currency. This is the third type of currency of the people, created by the people for the people. In simple terms, crypto currency is a type of digital currency created by ordinary people and accepted by ordinary people as a means of payment and not controlled by any government or bank.

Bitcoin is the first crypto currency that was created in the wake of the 2008 Global Economic Meltdown by a man or group of people known as Nakamoto Satoshi.

Bitcoin is not controlled by any government or bank, which means your account cannot be freezed.

Bitcoin has a limited supply of only 21 million. 17.3 million bitcoin have already been created, but it will take another 120 years to create the remaining 3.7 million bitcoin.

With a highly limited supply of bitcoin, growing global population, increasing awareness, acceptance and demand, the value of bitcoin will only go One Direction -- up.

The process of creating new units of bitcoin is known as mining. It's the equivalent of printing raw cash.

More importantly, anybody can participate in this global money printing business.

You can buy the equipments used for mining and mine bitcoin from your home. But this method involves huge upfront investment, maintenance and electricity cost. 

The second way to participate in bitcoin mining is to buy mining shares from a reputable cloud mining company which does all the work with their machines for you while you print money every day and night for the period of the contract. 

There are a lot of fake mining companies out there, however their are also genuine cloud mining companies. 

One of the ways to identify a genuine bitcoin mining company is that, people are allowed to physically verifiable their existence.

AWS Mining is an Australian Bitcoin Mining Company with physically verifiable mining farms located in Paraguay, China and Russia. 

With as low as $40, you can start to participate in this business of printing raw cash.

https://awsmining.com/register/williambitz

#BitcoinMining