The digital currency bitcoin is becoming more popular, with a market cap of more than $11 billion.
But how much can a cryptocurrency business survive if it doesn’t have the infrastructure to survive in a market with billions of dollars in capital?
Here are some of the key questions to ask before launching a business:What are the best places to start?
If you’re just starting out, how much money can you expect to make?
Can you grow your business?
Can you handle the expenses of growing your business without a lot of debt?
Can I invest in your business before it goes public?
How much does a cryptocurrency store like bitcoin cost?
Can I use bitcoin to pay for goods or services?
What are the benefits of cryptocurrency?
Can cryptocurrencies become more popular?
Are there any cryptocurrencies that could be worth more than bitcoin?
How do I know if my business can survive?
How many employees can I have?
Can the employees of my company work for me?
How do I keep them employed?
Can a company pay their bills without using a cryptocurrency?
What are some other things that could make your cryptocurrency business viable?
This is the first installment in our three-part series on cryptocurrency, which will continue next week.