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| What is Bitcoin |
What is Bitcoin?
Created in 2009 by Satoshi Nakamoto (name was never known to be real), Bitcoin was an online ecurrency that transactions are made anonymously (untraceable) and with no middle men, no banks, no owner, no transaction fees and no need for your real name.
Created in 2009 by Satoshi Nakamoto (name was never known to be real), Bitcoin was an online ecurrency that transactions are made anonymously (untraceable) and with no middle men, no banks, no owner, no transaction fees and no need for your real name.
Video on what is Bitcoin
Why use Bitcoin?
Privacy - Transactions are made anonymously
Low to no fee - Bitcoin have no regulations / no law (taxes / banks fee)
More savings - More merchants / shops / service are accepting bitcoin as payment
Fast & Easy - Like all your online payment, bitcoin is also very fast
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| how to get bitcoin |
How to get Bitcoin?
Exchange
Just like how you change a different currency at a money exchanger, you do it online instead. Which then looks like you are buying a stock or just doing forex trading. For me, i use Coinbase and Payeer . Both are like digital wallet to buy, sell and store bitcoin.
Transfer
Bitcoin can be transfer to one another by using digital wallet.
Mining
Special software are used to solve complex maths puzzle that rewards miners with Bitcoin
Video about Mining
Faucet
A site that allows people to earn bitcoin by completing simple tasks (kindof like doing odd jobs), such as viewing a webpage for a specified amount of time, viewing ad content, even solving CAPTCHAs. Payout from each faucet task is generally small. However as you accumulate bitcoin overtime, the amount can be substantial. I use freebitco which gives out free bitcoin and also have game system and lottery system. By using my link or my referral number 3338295, you will get bonus % from me, the bonus grow when our team grow
Where will Bitcoin go from here?
Future of Bitcoin at this point of time looks very strong as more ad more people turn to bitcoin as a currency for payment, investment and so much more
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