Tag Archives: Bitcoin
Benefits of Buying and Selling Things Online

buy-sell-250The advancement of technology has revolutionized almost every aspect of our consumer lives, including the way we purchase, sell, receive and collect items. In the recent years, more people have resorted to conducting business using the internet; web sales currently account for a significant portion of sales from both small and large retailers. This has led to the development of online currencies, the most popular one being Bitcoin, here are reasons why online buying and selling has become very popular. Continue Reading →

Bitcoin Can Help Keep You Financially Safe

bitcoin-is-it-a-future-currency-or-asset-bubbleBitcoin is a software-based online payment system that was first introduced in 2008 by, Satoshi Nakamoto. Then, in 2009 it was introduced as open-source software. With bitcoin you can make payments and transfer funds all electronically and online. This has led the US Treasury to call it a decentralized virtual currency. It is the first of its kind that is powered by users without a central authority or middleman. Bitcoin is basically cash for the internet. In addition, is can be viewed as the most prominent triple entry bookkeeping system in history. Since bitcoin is an open-source it gives any individual the opportunity to go and review the code. No one person owns it. The most popular client is kept up with by a bundle of open-source developers. In addition, bitcoin verifies transactions with the same high tech encryption methods that are used in government and military applications.
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What is Bitcoin and Where is it Accepted?

vera-johnBitcoin is an online software payment system. It is an new innovative payment source that is exclusive for use online. This online peer to peer payment method leaves the banks and financial institutions out of the equation. This eliminates any hassles, fees or waiting periods for the transfer of money when paying for items online. The transactions are instant and have very little if any processing fees. The coins are mined or earned by members. These coins do have value and can be used towards the purchase of items online or some gaming sites.
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The progress of Bitcoin

The popularity of Bitcoin is constantly on the rise and there are some good reasons for that. You see, this digital currency system allows people to do transactions electronically and what’s even better, the money can’t be controlled by any bank. It is believed that this system will become the perfect alternative to convenient money and as a result, some major world economies are already showing their support for it, like the USA and Japan. If you are willing to give bitcoins a chance, you should know that there is a website that can provide you with all the guides and information you might need.
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