What is BitCoin?
Bitcoin is a cryptocurrency and a digital payment system. The system is peer-to-peer, and transactions take place between users directly, without an intermediary.These transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. Since the system works without a central repository or single administrator, bitcoin is called the first decentralized digital currency.
You use bitcoin for many of the same reasons you opt to send an email, stream a movie, or download a song. It’s faster, cheaper, more secure and immutable. And its uses extend beyond the peer to peer payments. In many places, bitcoin is less volatile than the local currency so some use it to store value while others use it to consume at hundreds of thousands of vendors across the globe and online.
How do I buy and sell Bitcoin?
Create your FREE coinbase account right here so you can buy and sell bitcoin.
Blockchain for Storing, Sending and Receiving Bitcoin
Create your free Blockchain wallet account right here and also download the Blockchain app to your mobile device. It’s your secure “wallet” for storing Bitcoin. You use it to send and receive bitcoin from anyone, anywhere in the world. More and more merchants, shops and businesses are taking Bitcoin as payment for their products and services and paying via your wallet with Blockchain is the fastest, easiest way.
Why Bitcoin Will Reach All Time Highs In 2017
Bitcoin in the news…
Bitcoin hits a record high above $2,200 on Monday May 22,2017
Bitcoin value rises over $1 billion as Japan, Russia move to legitimize cryptocurrency
Norwegian man’s $27 Bitcoin investment turns into a forgotten $886,000 windfall
Conclusion: I’m here to help YOU create your own economy & generate cashflow leveraging 21st century technology. It’s all about time and location freedom and being able to run your online business anywhere in the world there is a laptop and internet connection.
But you must understand that the value of the US dollars you are making are losing value (due to inflation) so it just makes sense to invest in Bitcoin as a hedge.
Build an online business and invest in Bitcoin…it’s a powerful combination if you ask me!
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