Does Bitcoin Make Good Sense?

Does Bitcoin Make Good Sense

What is the hottest technology development? Most experts will point to the rise of bitcoin. Bitcoin is on the rise as a digital currency used worldwide. It is a type of money controlled and stored entirely by computers spread across the Internet. More people and more businesses are starting to utilize it. Unlike a plain …

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Bitcoin: What Is It, and Is It Right for Your Business?

Bitcoin

OK, so what’s Bitcoin? It’s not an actual coin, it’s “cryptocurrency,” a digital form of payment that is produced (“mined”) by lots of people worldwide. It allows peer-to-peer transactions instantly, worldwide, for free or at very low cost. Bitcoin was invented after decades of research into cryptography by software developer, Satoshi Nakamoto (believed to be …

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Bitcoin Is Here to Stay

Bitcoin Is Here to Stay

The next phase in the Bitcoin revolution will be the standardization of the exchanges where the coins are traded. Bitcoin is currently in the Wild West prospector days of its evolution. The world has agreed that a Bitcoin provides a stored measure of value in the same way that gold and silver have throughout the …

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Getting Started With Bitcoins

Getting Started With Bitcoins

Bitcoin is presumably the most popular form of currency in the digital world. The fundamental thought is that you may utilize it to pay for products with the absence of external intermediary, similar to a government or bank. Consider Bitcoin like a major record shared by every one of the clients: In the event that …

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Main Features of Blockchain

Main Features of Blockchain

Blockchain was originally created to be a decentralized ledger of Bitcoin transactions that take place within the Bitcoin network. A decentralized or distributed database/ledger essentially means that the storage devices, where the ledgers are located, are not linked to a common processor. The blockchain contains the ever-growing list of transactions by way of blocks. Each …

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6 Benefits of Investing in Cryptocurrencies

6 Benefits of Investing in Cryptocurrencies

The birth of bitcoin in 2009 opened doors to investment opportunities in an entirely new kind of asset class – cryptocurrency. Lots entered the space way early. Intrigued by the immense potential of these fledgling but promising assets, they bought cryptos at cheap prices. Consequently, the bull run of 2017 saw them become millionaires/ billionaires. …

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How to Buy Bitcoin – Step One

How to Buy Bitcoin

The best way to learn about bitcoin, is to jump in and get a few in your “pocket” to get a feel for how they work. Despite the hype about how difficult and dangerous it can be, getting bitcoins is a lot easier and safer than you might think. In a lot of ways, it …

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Bitcoin Basics

Bitcoin Basics

For someone not familiar with Bitcoin, the first question that comes to mind is, “What is Bitcoin?” And another common question that is often asked relates to the Bitcoin price. It started out a under 10 cents per Bitcoin upon its introduction in early 2009. It has risen steadily since and has hovered around $4000 …

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Should Bitcoin Replace Currency of Central Banks?

Should Bitcoin Replace Currency of Central Banks

Distinction between Bitcoin and Currency of Central Banks What is the difference between central bank authorized currency and Bitcoin? The bearer of central bank authorized currency can merely tender it for exchange of goods and services. The holder of Bitcoins cannot tender it because it’s a virtual currency not authorized by a central bank. However, …

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