WHAT IS BITCOIN ??
Hello
Today we gonna discuss about "BITCOIN"
What is Bitcoin?
-Bitcoin is a currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! There are no transaction fees and no need to give your real name. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. Bitcoin was the first practical implementation and is currently the most prominent triple entry bookkeeping system in existence.
Why are bitcoins popular?
-Bitcoins are basically lines of computer code that are digitally signed each time they travel from one owner to the next. Transactions can be made anonymously, making the currency popular with libertarians as well as tech enthusiasts, speculators and criminals.
Who accept bitcoins as payment?
-Bitcoins are taking over the crypto-currency marketplace. They’re the largest and most well-known digital currency. Many large companies are accepting bitcoins as a legitimate source of funds. They allow their online products to be bought with bitcoins. With the extreme facilitation of transfer and earning of bitcoins, it would be a mistake not to accept these new-found online coins as cash. With a fluctuating value, the funds can either help or hurt the company. This fluctuation of inflation can be a boon to business, unless the market is valuing the coins insanely high, sometimes reaching 1000$! So really who accepts bitcoins?
How To buy Bitcoins?
-With the Bitcoin price so volatile many people seem curious about getting some. Below we have listed some of the best exchanges.If you want to do your own research then check our guide on how to buy bitcoins in any country. Here are my recommendations:
COINBASE
Paxful
Localbitcoin
Luno
And Alot More!
Also i will recommend some basic video on youtube about bitcoin and how to start trading bitcoin.
Hello @futurerider. I am new to cryptocurrencies and I found your post to be very informative. I am trying to learn as much as I can because I want to be as successful as I possibly can. Thanks
i like to suggest you watch chriss dunn on youtube..
"Bitcoin is a new currency that was created in 2009"
I might have a different definition about "new" then.
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