My explanation yesterday about bitcoin

in bitcoin •  7 years ago 

Many of which are yet to understand about what is Bitcoin? Perhaps my explanation it makes you understand about bitcoin.

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Bitcoin is digital assets developed in 2009 by a person with the pseudonym Satoshi Nakamoto. These digital assets as well as gold, but only available in the digital world. Bitcoin has features that can be transferred anywhere. just need a smartphone with a capital and an internet connection. Bitcoin can be sent anywhere in a matter of a very fast. And the bitcoin also has features a very small transfer Fee.

And transfer in the bitcoin can not abort, unless someone we want to restore the bitcoin transactions bitcoin we already transfer. Bitcoin also need not give their real name. Bitcoin gives only the identity of the called ID wallet. But although the user wishes to keep his identity confidential, in all transactions that do can be monitored by the public.

That's a feature contained in the bitcoin is very rewarding.
Why do people start buying en masse and using bitcoin?
the first reason is as I said above the Bitcoin system which is cheap because the transactions do not have to pay any fee. It could happen because there is no one that we have to pay to take care of important administrative for example we do not need to pay employees such as we find in transactions at the Bank.

And we can buy anything in the whole world, there is no need to provide the name and address of the place of residence. Bitcoin has value high demand so that it could make someone become wealthy in a short and fair Bitcoin can be regarded as a form of savings

How do we get the Bitcoin?

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You can get a Bitcoin with selling goods and services, and ask people to pay you in the Bitcoin. Normally, Bitcoin receive cheaper and easier than other payment methods, and one of the easiest ways to get a little bit of Bitcoin.

The other way is the way that most people use to get the Bitcoin: buy from a broker or service provider trusted Bitcoin.

What about the future of the Bitcoin?

There are still many questions that arise, such as the question of who holds supreme power of the Bitcoin. Currently many people are still waiting for the continuation of life, how to keep transactions Bitcoin. in the Bitcoin is free from illegal transactions. Because of the bitcoin without having to provide the original name and place of residence. Therefore, many used to run Bitcoin transactions such as selling illegal drugs, and the criminal offence of money laundering.

How does Bitcoin steps to stay safe.

  • Recognize about fraud. This will reduce the risk.

Fraudsters always utilizing the existence of technological innovation and take advantage of the opportunities of people who still do not understand about the lack of specific technologies. Ensure that we do the ways to protect ourselves and our money.

  • Phishing attacks.

Phishing is an attack in which a villain who uses a fake site where the original is very real to outwit us so we enter login details including our passwords, then the criminal using our account access.

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Thank you for taking the time look at my post about bitcoin. Hopefully this post can help you figure out what is Bitcoin.

Remember to use technology wisely. Hopefully these Tips can be helpful for all of us. Good luck.

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Thank you for visiting my blog hopefully you like it.

@joinsteem

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