Advantages of paying with Bitcoin

Due to their unique nature, virtual currencies offer many advantages over traditional currencies. In recent years, the world of digital currency has experienced many positive changes. There are many cryptocurrencies, but Bitcoin is one of the most popular. In this article, we will look at some of the most prominent advantages of paying with Bitcoin. …

A quick but in-depth comparison between Gold and BitCoin

A quick comparison between cryptocurrencies, gold and Bitcoin In some places, gold seems to have a more important place in the financial world. On the other hand, some people are starting to see Bitcoin as a valid method of keeping our savings. This allows us to make purchases and other daily transactions. For the average …

4 benefits you can enjoy if you invest in Bitcoin

Bitcoin is a type of digital currency based on a peer-to-peer network. It was introduced in 2009. What makes this type of currency different from the regular currency used is that it is not centralized or subject to any bank or government authority. However, Bitcoin offers many benefits. For example, it has lower transaction fees …

Bitcoin: All there is to it?

If you spent $27 on Bitcoin when Satoshi Nakamoto created it in 2009 your investment would be worth over $37,000,000. Considered to be the greatest investment vehicle of all time, Bitcoin has seen a meteoric rise throughout 2017 going from $777 to $17,000. Making millionaires out of opportunistic investors and leaving financial institutions speechless, Bitcoin …

Mom, Where Do Bitcoins Come From? Bitcoin Mining Explained

“Mom, where do Bitcoins come from?” Well, you see, when a bright young Bitcoiner catches the eye of an aspiring miner, and they love him so much… Wait, that’s obviously hard to fix here. Also, my whole goal is to keep things simple. However, Bitcoins are made by solving complex math problems. A powerful machine …

Here’s how Bitcoin works in the Cryptocurrency world

If you don’t know, bitcoin cryptocurrency is a type of decentralized network. In this process, transactions are based on a 16-character encrypted address. In simple words, it is like your social security number. In terms of security, only you can transfer funds to your address, which involves two-factor verification. In reality, bitcoin consists of a …