What Are Bitcoins?
Some Interesting Facts…
Bitcoin is a digital currency
Because it is digital, you can literally backup your money, so, when properly cared for, it can’t be:
Frozen or seized
Allows a direct and immediate transfer of value between two people anywhere in the world.
No banks, governments, or organizations control or influence it.
Cannot be counterfeited, inflated, printed, or devalued over time.
A peer-to-peer network functions as a distributed authority to record transactions.
Bitcoin operates on free, open-source software on any computer or smart phone.
There are no start-up, transaction, or usage fees.
Purchases can be completely anonymous.
Transactions cannot be reversed.
Privacy is enhanced with Bitcoin and it reduces identity theft.
Bitcoins can be exchanged in open markets for any other currency.
What is a good way to concisely explain Bitcoin?
Who created Bitcoin?
Where do bitcoins come from?
How do I get bitcoins?
I bought some Bitcoins. Now what?
Should I buy bitcoins?
How can I buy Bitcoin via a Credit Card or Paypal?
What are "bitcoin days destroyed"?
How much will transaction fees eventually be?
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