top of page

What is a Bitcoin?

Origins of Bitcoins:

 

Bitcoin is a peer-to-peer payment system and digital currency introduced as open source software in 2009 by pseudonymous developer Satoshi Nakamoto. It is a cryptocurrency, so-called because it uses cryptography to control the creation and transfer of money. (Source Wikipedia)

 

Bitcoin is just like a real currency except better. Find out Why?

Bitcoins Security:

 

Bitcoin is a highly secure and valuable digital currency. Unlike government issued currencies who are able to print as much as they want, Bitcoin is a limited currency that is only subject to the forces of supply and demand.

 

Bitcoins cannot be forged as they can be identified with an ID, a key or a serial number. As there is NO central bank, it is decentralized and driven by economic forces, money is created organically NOT artificially.

 

Discovery WHY this could be better than even the US Dollar.

Bitcoins Privacy:

 

​Bitcoin holdings are anonymous and private whilst at the same time totally traceable. You can in theory read the entire history of when your Bitcoin was "mined" and where it has been. In addition, your actual identity remain completely private, except for the email address used to trade it.

 

 

Unlike any other Fiat currencies, which require banks identification and so on, all you need is an email address to get started.

Bitcoins Investment:

 

​Bitcoins can appreciates in value just like all other currencies. Traded until mid 2013 for less than USD 20, it has peaked to over USD 1,000 at the end of 2013.

 

Driven by the forces of supply and demand just like any other financial instrument, whether it be a currency, share, commodity, derivative or CFD, the value can fluctuate. This creates an opportunity for experienced traders or investors to take a position.

Bitcoins Shopping:

 

​You can buy real products and services like food, travel, and almost anything else that takes cash or credit card with Bitcoins. For an ever growing list of merchants currently accepting Bitcoins, click here: https://en.bitcoin.it/wiki/Trade

To view the list on a map, click here: http://www.coinmap.org

 

Zynga, creator of Farmville, the popular Facebook game, accepts Bitcoins. This NASDAQ listed company has a market capitalization of about $4 Billion in early 2014. Ready to Start?

bottom of page