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Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! There are no transaction fees and no need to give your real name. More merchants are beginning to accept them: You can buy webhosting services, pizza or even manicures.Bitcoins can be used to buy merchandise anonymously. In addition, international payments are easy and cheap because bitcoins are not tied to any country or subject to regulation. Small businesses may like them because there are no credit card fees. Some people just buy bitcoins as an investment, hoping that they’ll go up in value. Several marketplaces called “bitcoin exchanges” allow people to buy or sell bitcoins using different currencies. Mt. Gox is the largest bitcoin exchange.Bitcoins are stored in a “digital wallet, which exists either in the cloud or on a user’s computer. The wallet is a kind of virtual bank account that allows users to send or receive bitcoins, pay for goods or save their money. Unlike bank accounts, bitcoin wallets are not insured by the FDIC.
Though each bitcoin transaction is recorded in a public log, names of buyers and sellers are never revealed – only their wallet IDs. While that keeps bitcoin users’ transactions private, it also lets them buy or sell anything without easily tracing it back to them. That’s why it has become the currency of choice for people online buying drugs or other illicit activities. You can get bitcoins accepting them as payment for goods and services or purchasing them from a friend or someone close to you . You can also buy them directly from an exchange with your bank account. There are a growing number of merchants accepting Bitcoin services worldwide . You can use Bitcoin to pay them and value their experience to help honest businesses earn more visibilidad.Usted can use a Bitcoin wallet in your everyday life with your mobile device or you can have a purse just for online payments from your computer. In any case, you can choose your wallet in a minute. Bitcoin is money, and money has always been used both for legal and illegal purposes. Cash, credit cards and current banking systems widely surpass Bitcoin in terms of their use to finance crime. Bitcoin can bring significant innovation in payment systems and the benefits of such innovation are often considered to be far beyond their potential drawbacks. Bitcoin is designed to be a huge step forward in making money more secure and could also act as a significant.
Bitcoin is the first implementation of a concept known as "crypto currency", which was first described in 1998 by Wei Dai listed Try Us "cypherpunks" where he proposed the idea of a new type of money that used the cryptography to control his creation and transactions, rather than it did a centralized authority. The first specification of the Bitcoin protocol and the published proof of concept Satoshi Nakamoto in 2009 on a mailing list. Satoshi left the project in late 2010 without revealing much about him. Since then, the community has grown exponentially and has many developers working on the Bitcoin protocol.
Why use Bitcoin? glow1 bitcoin. Make international payments or send money without the hassles of changing money. The charge do with Bitcoin barely 1%, and the time it takes to get a transfer is 10 minutes! 2. Bitcoin can standardize payment systems. Say goodbye to the extra costs in international transfers, checks, money in your pocket, cards ... A mobile and a virtual wallet with Bitcoins are sufficient for all types of payment and transaction. 3. Allows decentralized infrastructure payments without major oligopolists that charge fees for performing operations (such as charge cards in stores). There are already hundreds of applications and websites that allow free transmission of Bitcoins in stores, with a commission of 1%.