Digital Currency Expert Tom McMurrain’s new book “The 7th Disruption: The Rise of the Digital Currency Billionaire” hit the #1 spot on the Amazon.com Best Seller list in the Digital Currencies, Online Trading and E-Commerce categories on November 5th .
Digital Currency, also known as crypto-currency, has been placed under the spotlight and is one of the most talked about topics in financial world but can be a confusing concept for many in the mainstream. Author Tom McMurrain has been a part of this intriguing world for some time and has made it his mission to educate others on how to incorporate it into their lives.
In a recent interview with Influencers Radio, McMurrain stated, “Digital currency is the most important technological innovation to happen in our time in the last thirty or forty years. There is a lot of legislation in place to regulate crypto-currencies. They are creating jobs in the United States, high paying jobs, because they are technology jobs. And it’s helping increase the flow of business. There are over 130 countries where crypto-currency is legal. It’s definitely something that’s good for the economy. Bitcoin is a universal currency that can be used anywhere in the world.”
McMurrain explains that digital currency runs parallel to the U.S. dollar. The difference is that the dollar typically deflates in value and digital currency, if there’s a huge demand for it, can increase in value. It’s not tied to the U.S. economy.
In his book “The 7th Disruption: The Rise of the Digital Currency Billionaire”, McMurrain suggests that just as Napster disrupted the music industry, bitcoin is disrupting the monetary industry. McMurrain calls digital currency the 7th Disruption and details what he considers to be the first six disruptions that have occurred in the last 100 years. He identifies TV, Internet, Email, Mobile, E-commerce, and Social Media as having created thousands of multi-billion dollar industries.
McMurrain predicts the 7th Disruption, Digital Currency, is will topple the banking and financial industries. “My definition of a disruption is a breaking of a value chain in a company, industry or government that is core to its existence. A disruption really redefines and reshapes human culture. I came up with six disruptions which not only generated trillion dollar industries, but they actually reshaped human culture and human behavior,” explained McMurrain.
Digital currency is here to stay and many major players in the investment and banking industries are heavily invested in it. He encouraged all to get engaged in digital currency, which he considers to be the next big thing.
You can hear the full interview with Tom McMurrain at: http://influencersradio.com/tom-mcmurrain/
“The 7th Disruption: The Rise of the Digital Currency Billionaire” is available on Amazon.com at http://www.amazon.com/7th-Disruption-Digital-Currency-Billionaire-ebook/dp/B017JDMJJK
Company Name: CROWDNETWORKER, LLC
Contact Person: Laura Smith
Country: United States