Business Idea:
Creating a Global Digital Currency
Problem:
The need for a resilient, borderless, digital store of value unaffected by traditional government controls.
Solution:
Design and develop a decentralized digital currency like Bitcoin using blockchain and distributed ledger technology.
Target Audience:
Cryptocurrency enthusiasts, privacy advocates, unbanked populations.
Monetization:
Transaction fees, appreciation of holdings, network growth.
Unique Selling Proposition (USP):
Fully decentralized, borderless currency that appeals to worldwide belief systems, independent of government control.
Launch Strategy:
Build an open-source blockchain, seek community support, promote security and privacy features, and aim for recognition.
Watch the full My First Million episode on Youtube.