Information About Bitcoin


SUBMITTED BY: Guest

DATE: Jan. 6, 2014, 9:55 a.m.

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  1. Well lucky you! You've managed to stumble upon a website where you can find useful information on finding out about Bitcoin and how to get some!
  2. "What is this Bitcoin?" you ask. Well...
  3. Bitcoin is a digital currency that is electronically both created and held. Not one person controls it, and they're not printed like paper money. Tons of computers all around the globe use software to solve mathematical problems. It's the first of what's called "cryptocurrency".
  4. In other words, it's a digital currency that's the first of its kind that anyone can use. You can find out more about this through this website: http://www.coindesk.com/information/what-is-bitcoin/
  5. "Real world value?"
  6. Yes! 1 BTC (Bitcoin) was fixing to hit $1,000 a each as I was writing this! It might be even more by the time you read this!
  7. "That's nuts! How do I get some?"
  8. You can get in on Bitcoin several ways. You can buy them directly, you can earn from PTC (paid-to-click) sites, Bitcoin faucets, etc... Just be sure to get a Bitcoin wallet first so you have a Bitcoin address and a place to store them. You can get a wallet at www.coinbase.com
  9. "Cool! How do I use them though?"
  10. There's a few ways you can use them. You can go through an exchange site and cash them for a check, you can purchase gift cards, make bets in online Bitcoin casinos, etc... Any more questions?
  11. "Yes. Do you think the cake is a lie?"
  12. Absolutely.

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