WHAT IS BTC ? LEARN ABOUT CRYPTOCURRENCY.

WHAT IS BTC?

the financial world can be a confusing place full of strange terms unusual forms of currency and endless trading options unfortunately for those who are not so tech savvy the integration of the internet into our daily lives has allowed the financial world to evolve in addition to extensive banking payment and stock options that have become the norm online there are also new currencies that have been created these crypto currencies digital currencies with encryptions to maintain security and validity feature a real value and can be exchanged for united states dollars british pounds or any other type of physical currency through online options the most popular type of virtual currency is known as bitcoin and has steadily begun to rise in popularity and strength since its creation on january 3rd 2009 at first glance bitcoin may sound confusing coming forward are

IMPORTANT FACT OF BITCOIN.

 10 facts that will truly explain in layman's terms what exactly bitcoin is and how it came to be

Number one.

 no single entity controls this currency confusing yeah most people think too so at first the general concept of currency and money is that a bank controls it that there are rises and falls in its value based on the global market and that you can physically hold it bitcoin defies all of these it is in fact controlled by everyone who uses bitcoin as the software used for this currency logs and validates who log and validates activities of the bitcoins across the globe.

Number two.

 there's a finite number of bitcoins you would think that because there's no need to physically print the bills or mint the coins that there could be an infinite number of bitcoins in existence however that would devalue the currency and render it worthless instead there are exactly 21 million coins .

Number three.

  bitcoins have no inherent or set value if you look at a dollar bill you know that it is simply a piece of paper with a number on it and some fancy pictures saying that it is worth one dollar it in fact only has value because we say it does bitcoins are the same way.those little digital pieces of code are only worth money because people say they are and want to trade real good services for them the more popular bitcoin gets the more value is going to be placed on each individual bitcoin.

Number four.

 you can see all transactions the unique thing about bitcoin is that it is completely transparent not with personal data no but instead with transactions and amounts everything is able to be seen on the. blockchain and it's this complete openness that instills a lot of trust and security amongst the bitcoin community .

 

Number five.

 

 

 you can mine bitcoins the unique thing about bitcoin is that it is completely transparent not with personal data no but instead with transactions and amounts everything is able to be seen on the blockchain and it's this complete openness that instills a lot of trust and security amongst the bitcoin community .

Number six .

you cannot reverse a transaction or be forced to pay one of the most integral features of bitcoins is that you can never be forced to pay nor can you take back a transaction if you send a company some bitcoins for a product you cannot revoke that transaction nor can they repeat bill you and force money to be taken out.

 Number seven.

 you can send money with little to no fees if you want to send money to a friend in thailand and you were in the united kingdom you'd likely have to pay bank transfer fees currency conversion fees and more additionally your friend may have to wait a few days before the money is available with bitcoins there are little to no transaction fees and the money is available almost instantly.

Number eight.

 bitcoins are held in digital wallets much like when you log into your online bank account and see your balance you also have a bitcoin wallet that is established when you sign up this wallet is like a physical wallet but much more secure if you lose it it's lost forever however it's impossible for people to take money from your wallet without you giving it to them additionally if you know a bitcoin address you can see how many bitcoins they have.

 Number nine.

 Losing a wallet means those bitcoins are lost forever while the bitcoins in the wallet may still be in existence because they were recorded on the block chain they are no longer able to be spent because the wallet is lost. These bitcoins have unique keys to them and so if they're lost with a wallet then they are essentially removed from circulation forever.

Number ten.

 you can really buy things with bitcoins bitcoins may sound a bit farcical at first but it's actually a real currency used to buy real things there is a variety of merchants who accept bitcoins as payment for items both online stores and physical stores popular online stores that accept bitcoins include newegg overstock microsoft dell and more in-person stores include reeds jewelers one-shot hotels holiday inn and even local pizza places restaurants and more you can even use bitcoin to fund a gambling addiction buy gold bullion  but in future we see the big change in world and we see that future is  in the crypto currency.

the financial world can be a confusing place full of strange terms unusual forms of currency and endless trading options unfortunately for those who are not so tech savvy the integration of the internet into our daily lives has allowed the financial world to evolve in addition to extensive banking payment and stock options that have become the norm online there are also new currencies that have been created these crypto currencies digital currencies with encryptions to maintain security and validity feature a real value and can be exchanged for united states dollars british pounds or any other type of physical currency through online options the most popular type of virtual currency is known as bitcoin and has steadily begun to rise in popularity and strength since its creation on january 3rd 2009 at first glance bitcoin may sound confusing coming forward are

IMPORTANT FACT OF BITCOIN.

 10 facts that will truly explain in layman's terms what exactly bitcoin is and how it came to be

Number one.

 no single entity controls this currency confusing yeah most people think too so at first the general concept of currency and money is that a bank controls it that there are rises and falls in its value based on the global market and that you can physically hold it bitcoin defies all of these it is in fact controlled by everyone who uses bitcoin as the software used for this currency logs and validates who log and validates activities of the bitcoins across the globe.

Number two.

 there's a finite number of bitcoins you would think that because there's no need to physically print the bills or mint the coins that there could be an infinite number of bitcoins in existence however that would devalue the currency and render it worthless instead there are exactly 21 million coins .

Number three.

  bitcoins have no inherent or set value if you look at a dollar bill you know that it is simply a piece of paper with a number on it and some fancy pictures saying that it is worth one dollar it in fact only has value because we say it does bitcoins are the same way.those little digital pieces of code are only worth money because people say they are and want to trade real good services for them the more popular bitcoin gets the more value is going to be placed on each individual bitcoin.

Number four.

 you can see all transactions the unique thing about bitcoin is that it is completely transparent not with personal data no but instead with transactions and amounts everything is able to be seen on the. blockchain and it's this complete openness that instills a lot of trust and security amongst the bitcoin community .

 

Number five.

 

 

 you can mine bitcoins the unique thing about bitcoin is that it is completely transparent not with personal data no but instead with transactions and amounts everything is able to be seen on the blockchain and it's this complete openness that instills a lot of trust and security amongst the bitcoin community .

Number six .

you cannot reverse a transaction or be forced to pay one of the most integral features of bitcoins is that you can never be forced to pay nor can you take back a transaction if you send a company some bitcoins for a product you cannot revoke that transaction nor can they repeat bill you and force money to be taken out.

 Number seven.

 you can send money with little to no fees if you want to send money to a friend in thailand and you were in the united kingdom you'd likely have to pay bank transfer fees currency conversion fees and more additionally your friend may have to wait a few days before the money is available with bitcoins there are little to no transaction fees and the money is available almost instantly.

Number eight.

 bitcoins are held in digital wallets much like when you log into your online bank account and see your balance you also have a bitcoin wallet that is established when you sign up this wallet is like a physical wallet but much more secure if you lose it it's lost forever however it's impossible for people to take money from your wallet without you giving it to them additionally if you know a bitcoin address you can see how many bitcoins they have.

 Number nine.

 Losing a wallet means those bitcoins are lost forever while the bitcoins in the wallet may still be in existence because they were recorded on the block chain they are no longer able to be spent because the wallet is lost. These bitcoins have unique keys to them and so if they're lost with a wallet then they are essentially removed from circulation forever.

Number ten.

 you can really buy things with bitcoins bitcoins may sound a bit farcical at first but it's actually a real currency used to buy real things there is a variety of merchants who accept bitcoins as payment for items both online stores and physical stores popular online stores that accept bitcoins include newegg overstock microsoft dell and more in-person stores include reeds jewelers one-shot hotels holiday inn and even local pizza places restaurants and more you can even use bitcoin to fund a gambling addiction buy gold bullion  but in future we see the big change in world and we see that future is  in the crypto currency.

the financial world can be a confusing place full of strange terms unusual forms of currency and endless trading options unfortunately for those who are not so tech savvy the integration of the internet into our daily lives has allowed the financial world to evolve in addition to extensive banking payment and stock options that have become the norm online there are also new currencies that have been created these crypto currencies digital currencies with encryptions to maintain security and validity feature a real value and can be exchanged for united states dollars british pounds or any other type of physical currency through online options the most popular type of virtual currency is known as bitcoin and has steadily begun to rise in popularity and strength since its creation on january 3rd 2009 at first glance bitcoin may sound confusing coming forward are

IMPORTANT FACT OF BITCOIN.

 10 facts that will truly explain in layman's terms what exactly bitcoin is and how it came to be

Number one.

 no single entity controls this currency confusing yeah most people think too so at first the general concept of currency and money is that a bank controls it that there are rises and falls in its value based on the global market and that you can physically hold it bitcoin defies all of these it is in fact controlled by everyone who uses bitcoin as the software used for this currency logs and validates who log and validates activities of the bitcoins across the globe.

Number two.

 there's a finite number of bitcoins you would think that because there's no need to physically print the bills or mint the coins that there could be an infinite number of bitcoins in existence however that would devalue the currency and render it worthless instead there are exactly 21 million coins .

Number three.

  bitcoins have no inherent or set value if you look at a dollar bill you know that it is simply a piece of paper with a number on it and some fancy pictures saying that it is worth one dollar it in fact only has value because we say it does bitcoins are the same way.those little digital pieces of code are only worth money because people say they are and want to trade real good services for them the more popular bitcoin gets the more value is going to be placed on each individual bitcoin.

Number four.

 you can see all transactions the unique thing about bitcoin is that it is completely transparent not with personal data no but instead with transactions and amounts everything is able to be seen on the. blockchain and it's this complete openness that instills a lot of trust and security amongst the bitcoin community .

 

Number five.

 

 

 you can mine bitcoins the unique thing about bitcoin is that it is completely transparent not with personal data no but instead with transactions and amounts everything is able to be seen on the blockchain and it's this complete openness that instills a lot of trust and security amongst the bitcoin community .

Number six .

you cannot reverse a transaction or be forced to pay one of the most integral features of bitcoins is that you can never be forced to pay nor can you take back a transaction if you send a company some bitcoins for a product you cannot revoke that transaction nor can they repeat bill you and force money to be taken out.

 Number seven.

 you can send money with little to no fees if you want to send money to a friend in thailand and you were in the united kingdom you'd likely have to pay bank transfer fees currency conversion fees and more additionally your friend may have to wait a few days before the money is available with bitcoins there are little to no transaction fees and the money is available almost instantly.

Number eight.

 bitcoins are held in digital wallets much like when you log into your online bank account and see your balance you also have a bitcoin wallet that is established when you sign up this wallet is like a physical wallet but much more secure if you lose it it's lost forever however it's impossible for people to take money from your wallet without you giving it to them additionally if you know a bitcoin address you can see how many bitcoins they have.

 Number nine.

 Losing a wallet means those bitcoins are lost forever while the bitcoins in the wallet may still be in existence because they were recorded on the block chain they are no longer able to be spent because the wallet is lost. These bitcoins have unique keys to them and so if they're lost with a wallet then they are essentially removed from circulation forever.

Number ten.

 you can really buy things with bitcoins bitcoins may sound a bit farcical at first but it's actually a real currency used to buy real things there is a variety of merchants who accept bitcoins as payment for items both online stores and physical stores popular online stores that accept bitcoins include newegg overstock microsoft dell and more in-person stores include reeds jewelers one-shot hotels holiday inn and even local pizza places restaurants and more you can even use bitcoin to fund a gambling addiction buy gold bullion  but in future we see the big change in world and we see that future is  in the crypto currency.

the financial world can be a confusing place full of strange terms unusual forms of currency and endless trading options unfortunately for those who are not so tech savvy the integration of the internet into our daily lives has allowed the financial world to evolve in addition to extensive banking payment and stock options that have become the norm online there are also new currencies that have been created these crypto currencies digital currencies with encryptions to maintain security and validity feature a real value and can be exchanged for united states dollars british pounds or any other type of physical currency through online options the most popular type of virtual currency is known as bitcoin and has steadily begun to rise in popularity and strength since its creation on january 3rd 2009 at first glance bitcoin may sound confusing coming forward are

IMPORTANT FACT OF BITCOIN.

 10 facts that will truly explain in layman's terms what exactly bitcoin is and how it came to be

Number one.

 no single entity controls this currency confusing yeah most people think too so at first the general concept of currency and money is that a bank controls it that there are rises and falls in its value based on the global market and that you can physically hold it bitcoin defies all of these it is in fact controlled by everyone who uses bitcoin as the software used for this currency logs and validates who log and validates activities of the bitcoins across the globe.

Number two.

 there's a finite number of bitcoins you would think that because there's no need to physically print the bills or mint the coins that there could be an infinite number of bitcoins in existence however that would devalue the currency and render it worthless instead there are exactly 21 million coins .

Number three.

  bitcoins have no inherent or set value if you look at a dollar bill you know that it is simply a piece of paper with a number on it and some fancy pictures saying that it is worth one dollar it in fact only has value because we say it does bitcoins are the same way.those little digital pieces of code are only worth money because people say they are and want to trade real good services for them the more popular bitcoin gets the more value is going to be placed on each individual bitcoin.

Number four.

 you can see all transactions the unique thing about bitcoin is that it is completely transparent not with personal data no but instead with transactions and amounts everything is able to be seen on the. blockchain and it's this complete openness that instills a lot of trust and security amongst the bitcoin community .

 

Number five.

 

 

 you can mine bitcoins the unique thing about bitcoin is that it is completely transparent not with personal data no but instead with transactions and amounts everything is able to be seen on the blockchain and it's this complete openness that instills a lot of trust and security amongst the bitcoin community .

Number six .

you cannot reverse a transaction or be forced to pay one of the most integral features of bitcoins is that you can never be forced to pay nor can you take back a transaction if you send a company some bitcoins for a product you cannot revoke that transaction nor can they repeat bill you and force money to be taken out.

 Number seven.

 you can send money with little to no fees if you want to send money to a friend in thailand and you were in the united kingdom you'd likely have to pay bank transfer fees currency conversion fees and more additionally your friend may have to wait a few days before the money is available with bitcoins there are little to no transaction fees and the money is available almost instantly.

Number eight.

 bitcoins are held in digital wallets much like when you log into your online bank account and see your balance you also have a bitcoin wallet that is established when you sign up this wallet is like a physical wallet but much more secure if you lose it it's lost forever however it's impossible for people to take money from your wallet without you giving it to them additionally if you know a bitcoin address you can see how many bitcoins they have.

 Number nine.

 Losing a wallet means those bitcoins are lost forever while the bitcoins in the wallet may still be in existence because they were recorded on the block chain they are no longer able to be spent because the wallet is lost. These bitcoins have unique keys to them and so if they're lost with a wallet then they are essentially removed from circulation forever.

Number ten.

 you can really buy things with bitcoins bitcoins may sound a bit farcical at first but it's actually a real currency used to buy real things there is a variety of merchants who accept bitcoins as payment for items both online stores and physical stores popular online stores that accept bitcoins include newegg overstock microsoft dell and more in-person stores include reeds jewelers one-shot hotels holiday inn and even local pizza places restaurants and more you can even use bitcoin to fund a gambling addiction buy gold bullion  but in future we see the big change in world and we see that future is  in the crypto currency.