@Mitch123 1 August 2020 more from that month

What is Bitcoin?

Bitcoin is a new type of currency used in online transactions. This is done so that the person can send money even without a credit card or bank account. It was first introduced in 2008 as an open-source software. The characteristics of Bitcoin Bitcoin is readily available - Anyone with Internet access can use Bitcoin instantly. Registering for a Coins.ph account is free, fast, and includes a ready-to-use Bitcoin wallet. Bitcoin is recognized worldwide - Bitcoin to buy here in the Philippines is just like Bitcoin in any part of the world. Sending Bitcoin is cheap and easy - Bitcoin can be sent from one part of the world to another, and the cost of sending it is cheap, compared to the fees for sending it to the bank or remittance center. Currency can be converted to Bitcoin and Bitcoin to currency - Bitcoin services such as online exchanges, peer-to-peer marketplaces, and Bitcoin ATMs simplify the process of converting Bitcoin. A guide for beginners to learn about Bitcoin If you are new to the world of Bitcoin and would like to learn more about its use, we recommend that you visit the following: 1. Watch: Weusecoins.com’s intro video - This short show showcases the benefits and concepts of wallets and ledgers. 2. View: Visual Capitalist’s Infographic - Visual Capitalist has published this infographic entitled "Definitive History of Bitcoin", which provides a detailed description of the history of Bitcoin, and the current state of Bitcoin. 3. Listen: Freakonomics Radio Podcast - Freakonomics Radio, the podcast of Steven Levitt and Stephen Dubner, aired an March 2014 episode “Why Everybody Who Doesn’t Hate Bitcoin Loves it”. It shows the basics of Bitcoin and discusses its controversial aspects. - This episode can even be downloaded from iTunes, or streamed from the official Freakonomics website. 4. Read: Yevgeniy Brikman’s blog post - A software engineer named Yevgeniy Brikman created an article on his blog “Bitcoin by analogy” in which he discusses the following important questions about BItcoin: What gives value to Bitcoin? What does it mean to be a “decentralized” Bitcoin currency? How does Bitcoin mining work? - He also discusses the technical aspects that do not become too technical, and further clarifies the other characteristics of Bitcoin. Please **subscribe** and like thank you.