Peer to peer technology has evolved to accommodate payment systems, as exemplified by Bitcoin. It is a digital currency that can be used for personal and business transactions at a reasonable cost. Sometimes referred to as the currency of the internet, Bitcoin isn’t subject to any central authority. Created some five years ago, it has…
Tag: Simple
Simple Ways to Buy and Invest in Bitcoin
What is Bitcoin? Bitcoin is a decentralized, peer to peer, digital currency system, designed to give online users the ability to process transactions via digital unit of exchange known as Bitcoins. In other words, it is a virtual currency. The Bitcoin system was created in the year 2009 by an undisclosed programmer(s). Since then, Bitcoin…
How to Get $10 of Free Bitcoin, Easy and Simple
By now, you’ve probably heard about Bitcoin – there are stories of people making thousands of dollars overnight with this and other Crypto-currencies. Like any new speculative investment, there is an element of risk. This is why getting started with a free $10 of Bitcoin is a good way to try it out, and start…