Blockchain. Bitcoin. ICO. Bitrent and VIMANA projects
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Interview with Nickolay Mishkin. Managing partner of Bitrent in GCC. Crypto-investor.
In 2008, Satoshi Nakamoto invented bitcoin and the blockchain. For the first time in history, his invention made it possible to send money around the globe without banks, governments or any other intermediaries. The concept of the blockchain isn’t very intuitive. But still, many people believe it is a game changer.
Bitcoin is digital money used for secure and instant transfer of value anywhere in the world. It is not controlled or issued by any bank or government – instead, it is an open network which is managed by its users.
Initial Coin Offering (ICO) is an unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks. In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for Bitcoin.
All viewers should do their own research and due diligence. This video does not constitute financial advice and should not be interpreted as such!
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