What is Bitcoin?
Bitcoin is a payment system that is completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet.
Nobody owns the Bitcoin network much like no one owns the technology behind email. Bitcoin is controlled by all Bitcoin users around the world. While developers are improving the software, they can't force a change in the Bitcoin protocol because all users are free to choose what software and version they use. In order to stay compatible with each other, all users need to use software complying with the same rules. Bitcoin can only work correctly with a complete consensus among all users. Therefore, all users and developers have a strong incentive to protect this consensus.
How Does Bitcoin Work?
From a user perspective, Bitcoin is nothing more than a mobile app or computer program that provides a personal Bitcoin wallet and allows a user to send and receive bitcoins with them. This is how Bitcoin works for most users. Behind the scenes, the Bitcoin network is sharing a public ledger called the "block chain". This ledger contains every transaction ever processed, allowing a user's computer to verify the validity of each transaction. The authenticity of each transaction is protected by digital signatures corresponding to the sending addresses, allowing all users to have full control over sending bitcoins from their own Bitcoin addresses. In addition, anyone can process transactions using the computing power of specialized hardware and earn a reward in bitcoins for this service. This is often called "mining". Go ahead and click on my link here and join asap. This is a no brainer. Please watch the video and you will see what I mean.
Here is my link: https://goo.gl/FnbV70
Is Bitcoin Really Used by People?
YES! There are growing numbers of individuals using Bitcoin. This includes brick and mortar businesses like restaurants, apartments, law firms, and popular online services such as Amazon. While Bitcoin remains a relatively new phenomenon, it is growing fast.
Let's Get You Started Earning Bitcoin!
The first thing you need to do is open a Bitcoin wallet. The most recommended for online business is Blockchain. You should also have an account with Coinbase Here you can purchase Bitcoin and transfer it to your Blockchain account easily. You can pay bills with a Bitcoin debit card (I do it all the time)
Have you setup your blockchain wallet yet/ If not this will help..
How to setup a blockchain wallet.
https://www.youtube.com/watch?v=wee3fyK0BFs
Please watch this tutorial as well which will teach you how to buy bitcoins..
https://www.youtube.com/watch?v=weuETTY3478
THE REASON WHY YOU SHOULD INVEST IN BITCOINS...
https://www.youtube.com/watch?v=hkF26OYgbQA
Bitcoin is a payment system that is completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet.
Nobody owns the Bitcoin network much like no one owns the technology behind email. Bitcoin is controlled by all Bitcoin users around the world. While developers are improving the software, they can't force a change in the Bitcoin protocol because all users are free to choose what software and version they use. In order to stay compatible with each other, all users need to use software complying with the same rules. Bitcoin can only work correctly with a complete consensus among all users. Therefore, all users and developers have a strong incentive to protect this consensus.
How Does Bitcoin Work?
From a user perspective, Bitcoin is nothing more than a mobile app or computer program that provides a personal Bitcoin wallet and allows a user to send and receive bitcoins with them. This is how Bitcoin works for most users. Behind the scenes, the Bitcoin network is sharing a public ledger called the "block chain". This ledger contains every transaction ever processed, allowing a user's computer to verify the validity of each transaction. The authenticity of each transaction is protected by digital signatures corresponding to the sending addresses, allowing all users to have full control over sending bitcoins from their own Bitcoin addresses. In addition, anyone can process transactions using the computing power of specialized hardware and earn a reward in bitcoins for this service. This is often called "mining". Go ahead and click on my link here and join asap. This is a no brainer. Please watch the video and you will see what I mean.
Here is my link: https://goo.gl/FnbV70
Is Bitcoin Really Used by People?
YES! There are growing numbers of individuals using Bitcoin. This includes brick and mortar businesses like restaurants, apartments, law firms, and popular online services such as Amazon. While Bitcoin remains a relatively new phenomenon, it is growing fast.
Let's Get You Started Earning Bitcoin!
The first thing you need to do is open a Bitcoin wallet. The most recommended for online business is Blockchain. You should also have an account with Coinbase Here you can purchase Bitcoin and transfer it to your Blockchain account easily. You can pay bills with a Bitcoin debit card (I do it all the time)
Have you setup your blockchain wallet yet/ If not this will help..
How to setup a blockchain wallet.
https://www.youtube.com/watch?v=wee3fyK0BFs
Please watch this tutorial as well which will teach you how to buy bitcoins..
https://www.youtube.com/watch?v=weuETTY3478
THE REASON WHY YOU SHOULD INVEST IN BITCOINS...
https://www.youtube.com/watch?v=hkF26OYgbQA
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