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WHAT IS BITCOIN

WHAT IS BITCOIN


Buying and selling on the Internet
This latter has indeed been growing so rapidly. Not only
in the transaction process that is increasingly diverse, now also has appeared
a new virtual currency called Bitcoin. maybe some
of you there who do not know even the first hearing his name.

However, since introduced in 2009, is in fact unique currency began to be used by some of the actors in the eCommerce world. More details below reviews about whether and how the role of Bitcoin as a means of online transactions.
Definition and History of Bitcoin


WHAT IS BITCOIN CRYPTOCURRENCY OR VIRTUAL CURRENCY
VIRTUAL CURRENCY

Bitcoin

is a virtual currency that can be used for transactions
on line. When asked how this form of currency, which clearly
shape not as a physical currency issued by a
bank nor the currency of a country. Forms of Currency
This unique is just a file like ordinary general files.
The file is encrypted from unique codes that make it not the same with each other. 

And like mp3 files or word that you have on your computer equipment,
Bitcoin files can also be stored in a computer or a flash disk
or software called Digital Bitcoin Wallet. In addition Bitcoin
can also be stored in the storage services on the Internet Bitcoin
social withdrawal shaped cloud.

According to some sources, the history of
Bitcoin birth began in 2007. A computer expert tried
develop a virtual currency system is a new model that did not
bound by any person or authority. The man was named Satoshi
Nakamoto. The man from Japan is claiming develop Bitcoin for
2 years and started to take it off in the Internet world in 2009 and
eventually spread to the present.

However, there are some experts who declare
that the inventor is a fictitious name and no real
person with that name. There are some experts who claim that
currency Bitcoin is something created by someone or
a group of people who really want to make a new perception in the world
online transactions. And the main goal of course to take
profits.

However, again in spite of many
Her stories circulating in fact now there are people who transact
using Bitcoin and it seems it is more intense
even touching the virtual community in Indonesia. You can search
some information on Kaskus because not a few who have peddle copies Bitcoin there.
deployment of bitcoin


Bitcoin 

deployment is now spread almost all over the world. However there are some
a country that has strongly rejected the use of the currency Bitcoin
as a means of online transactions.

The country-countries include China and Singapore, countries
indeed reject the use of Bitcoin as a means of buying and selling
valid because it is not safe. In addition Bitcoin also
it feared would adversely affect the stability of the transaction
online in the country.

Regarding the value of Bitcoin, if in-exchange-kan
with a value of US Dolas, others argue that the current value of 1
Bitcoin or 1B (symbol Bitcoin) amounting to $ 195 dollars. but the value
it will continue to change according to where the number of Bitcoin
that exist today. Until now there were already an estimated 21 million
Bitcoin Bitcoin increased 25 permenitnya worldwide.

Advantages and Disadvantages Bitcoin






The advantages of Bitcoin as a tool
Payment is simple and quick. Bitcoin is
the instrument transactions per person and only people who hold the
can use it. 

Also in use it is, we do not
need to include personal information such as bank or currency
Other online transaction accounts (anonymous). This of course provide security
information from the owner.

Might be the costs of usage
Bitcoin because its shape is just a file, allowing
Bitcoin becomes damaged / lost / deleted if something happens with
device where we store the Bitcoin. and weaknesses

The biggest is that Bitcoin is an instrument transactions
present because there is a will and trust of the penggunaya. This matter
Bitcoin allows someday could really not worth because
there is no one wants to use that currency.

Here's a video in English that explained succinctly what Bitcoin and how does it work.
Bitcoin currency is a result
in further development of ecommerce technology that grows too massive.

And for those of you who do an ecommerce offender can just follow
and understand more about current developments, but that
The most important is to keep security in your transactions. We
wait how the development of unique virtual currency this one.


BITCOIN IS THE BEST VIRTUAL MONEY


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