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Month: April 2017

How To Use Bitcoin Digital Wallet Software

How To Use Bitcoin Digital Wallet Software

Wondering how to use Bitcoin and what Bitcoin is? The world today is getting introduced to a new method of transaction. Instead of operations where physical money is involved, people are now using virtual money. It will sound a bit complicated at first, but once you get the concept, it is simple. Bitcoin is a technology where users use virtual money or in other words, let’s say internet money. It is a peer-to-peer payment method based on an open network….

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The 5 Greatest Moments in Bitcoin History

The 5 Greatest Moments in Bitcoin History

Bitcoin was invented by Satoshi Nakomoto who published news about his invention at the end of October, 2008. Bitcoin was implemented three months later as the first digital currency. Bitcoin is a ?peer to peer’ electronic cash system, popular among the more technologically aware as well as the economically progressive. Take a look at the 5 greatest moments in Bitcoin history. 1.The beginning of Bitcoin Everything about money changed with the invention of Bitcoin and financial transactions and banking have…

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The Future of Bitcoin

The Future of Bitcoin

The world is in a constant state of evolution and nothing escapes this change. For example, the world never had a currency in 12000BC when civilization started in the Levant. Then the people living in or near cities and towns started to batter their wares. They would exchange food, livestock, and clothing materials. In 2000BC, the world had its first currencies in form of a receipt and metals. That was in ancient Mesopotamia and Egypt. Other parts of the world…

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What Are Bitcoins

What Are Bitcoins

If you are wondering what are bitcoins, you are not alone. Bitcoin is a peer-to-peer crypto-currency payment network that operates on a cryptographic protocol. They can be used to buy stuff electronically just like conventional dollars, pounds, euros, or yen. But the thing that makes bitcoin different to conventional cash is that it is not decentralized. With paper money, the government decides when to print cash or distribute them. Bitcoins are produced by people and businesses running computers across the…

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What is Bitcoin

What is Bitcoin

Bitcoin is a kind of digital currency, which has been developed and held electronically. Unlike most other currency types we use in our daily life, Bitcoins are not printed. They get produced by businesses and people using a software program. The answer to what is Bitcoin will remain incomplete without talking a bit about its origin. Bitcoin is the first cryptocurrency to be made available for public use. For your information, cryptocurrencies are digital currencies that involve use of encryption…

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