What are bitcoin for Beginners#####

in kr •  7 years ago 

infographicsNew-02.pngWhat's Bitcoin in a nut shell?

Small Wonder that bitcoin emerged in 2008 just after Occupy wall street accused big banks of misusing borrowers money, dumping clients, rigging the system, charging blogging fee. Bitcoin Pioneers wanted to put the seller in charge, eliminate the middleman, cancel interest fee, and make transaction transparent to hack corruption and cut fees. They created a decentralised system where you could control your funds and know what's going on.

Bitcoin has come far in a relatively short time, all over the world, companies etc. and it has its own application programming interface and price index, and exchange rate.

Problem includes thieves hacking accounts, high volatility, transaction daily. On the other hand, people in third word countries may find bitcoin their reliable Channel yet for giving or receiving money.

For more info you can also check http://www.realbitco.in

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