What is Bitcoin and Why Do I Need Some?

by on March 6, 2017

Bitcoin is an innovative payment network and a new kind of money. It is the first decentralized digital currency.

It is the simplest way to exchange money at very low cost!

Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and anyone can use it.

According to Wikipedia, Bitcoin is a cryptocurrency and a payment system invented by an unidentified programmer, or group of programmers, under the name of Satoshi Nakamoto. This “electronic currency” operates from person to person without an intermediary such as a bank. This enables you to send and receive “money” electronically anywhere in the world instantly, with very low processing fees.

It works anywhere, anytime. It doesn’t sleep or close on day that resembles a holiday. It is private and secure, you don’t provide credit card numbers or billing addresses. Easy to use on your mobile device, it just takes an email address to setup your electronic wallet.

Click here to read more about how Bitcoin works.

Or just watch this video…


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