Bitcoin - Second Chance for Many?

There are numerous technical books on Bitcoin and Altcoin. They agree that the Bitcoin technology is a game changer. They compare the invention of digital currency and the "blockchain" to the invention of personal computers, the internet, and email as developments that changed the world.

Many of us remember the days when we disagreed on the need for you and I to ever own a personal computer. That debate has ended. We all have a device of some kind. Could we survive without our smart phone, laptop or tablet?

I've started learning as much as I can about bitcoin and how I can participate in this new game changer. I've been reading a lot of books on the subject, but, while they encourage me to participate, they also make it sound like only the same rich people who profited by today's technology advances are now the only ones who will profit by the adoption of digital currencies as our new standard for wealth accumulation.

They give us two basic alternatives to get started, mining and speculation.

Mining requires an investment in powerful equipment. It takes expensive computers, mining machines, graphic cards and money. Even with all that it would take luck to actually earn a profit.

Speculation means investing your money in very risky, very volatile "altcoins". While the profit potential is high, so is the risk.

So, are we to be left out again? Not necessarily, but it will take hours of tedious work to make a dent in becoming a player.

None of the books I've read, so far, talk about the world of "faucets", "traffic exchanges" and "paid to click" sites. These are thriving websites that GIVE AWAY bitcoin and altcoin in small amounts for doing little more than clicking on ads, or watching videos, or reading emails.

With some time and effort you can start to accumulate bitcoin without mining or speculation.


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