Bitcoin is a powerful tool to accomplish just about anything in this world and one of the options to harness that power is by creating a local ecosystem. Not only can underbanked nations benefit from Blockchain technology, but people in remote areas are a catalyst for Bitcoin adoption. A local farming Bitcoin ecosystem is not something most people would have envisioned, but in Australia, they are somehow making it work.
Bitcoin allows customers from all over the world to purchase everyday goods in a convenient fashion. Most consumers assume Bitcoin payments can only be used for electronics and gift cards and while there are many shops offering those products, there is a lot more to Bitcoin than just that. Just recently, nutritionally balanced powdered food MANA became purchasable with Bitcoin.
MANA – Similar to Soylent, Gets You Through the Day
Over the past few years, some very niche products and service were made available in exchange for Bitcoin payments. While most people would think of illegal goods and services, there are far more legitimate products to be purchased with Bitcoin and other virtual currencies. MANA is just one example of “out-of-the-box” products you can pay for with Bitcoin.
Job creation is an important aspect of the Bitcoin and virtual currency ecosystem, as more jobs are created in this sector compared to anywhere else. Granted, landing a job in the Bitcoin world is not without risks, but neither is a regular job. KnCMiner, one of the largest Bitcoin hardware manufacturers outside of China, is looking to add more members to their staff.
KnCMiner To Build More Things On Top of the Bitcoin Network
Whenever a discussion regarding the development potential of blockchain technology comes up, people automatically start thinking of financial solutions. It is no secret that the Bitcoin blockchain can be used for nearly every financial scenario experts can think of, as it allows for instantaneous transfers of value all around the world, at minimal costs.