Contest Alert: My View, Myself Week #47

in hive-180106 •  6 days ago 

1000033541.jpg
Picture source


Hello everyone how are you all doing today I hope all is well and you all are having a nice and wonderful day, today I'll be taking part in a contest organize by a very good friend of mine @saintkelvin17.


In my entry I will be sharing with you all according to my own understanding the meaning of Bitcoin and some of my own personal story about the digital currency


What do you understand by the word Bitcoin?

According to my own personal understanding Bitcoin is a digital currency that was invented in the Year 2008 and was put into you as a currency in a year 2009 and ever since then it's value has been rising continuously.


Bitcoin is based on a decentralized blockchain network where a third party is not required in order to carry out any form of transaction on its blockchain


With two paragraphs narrate a non-fictional story about Bitcoin.

The sad truth about Bitcoin in my own story is that I really do not know much about it rather it is my brother@radleking that's really knows it because for a very long time now he has been studying and sometimes investing in it little by little though I haven't really seen him earn.


I haven't really invested in Bitcoin before in fact just to be clear I have never invested in Bitcoin before so I really do not know much about the cryptocurrency but all thanks to the advancement in knowledge and everything about the airdrops I have gotten to learn more about cryptocurrency aside from steem which I know very well.


1000033542.jpg
Picture source


What will you do with 0.5 Bitcoin if you were rewarded with it?

If I'm fortunate enough to receive 0.5 bitcoin as a reward I will be very happy because that is a very huge amount of money and with such amount of money you will be able to do anything you want and get yourself any thing of your choice.


So what I would do with that amount of money is just very simple, first of all since the money is from online I would become a curator here on the steemit platform I'm with that I would stand a chance to multiply my steem holdings and thus earn more.


Give us another suitable name for Bitcoin and why you feel this name is the perfect one.

Another suitable name that I would love to replace with Bitcoin is Kings token, and why do I have to choose that name for bitcoin is due to the fact that as we all know that he is the king of all cryptocurrency so therefore it derserves to be king.


Take for example in the animal kingdom we have a king which is the lion so for now I say all know it the king of the jungle is the lion and the queen the lioness and there's nothing anyone can do about that*


This will be the end of my entry thanks for stopping by I would like to invite @roohiasif99, @davidmarkgeorge & @drhira


Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
Loading...