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Bitcoin-free crypto currency

About Bitcoin -invented by an unidentified programmer, or group of programmers, under the name of Satoshi Nakamoto,bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part.With paper money called (fiat money) , a government decides when to print and distribute money,bitcoin uses peer-to-peer technology to operate,doesn't have a central government to managing transactions and the issuing of bitcoins is carried out collectively by the network.
The video below explains how Bitcoin works
Be careful-Bitcoin is still experimental status and is not an official currency,price is volatile.However, tend to think that paper money will disappear in the near future and a digital register or distributed for settlement and currency asset will be built like blockchain.Most jurisdictions still require you to pay income, sales, payroll, and capital gains taxes on anything that has value, including bitcoins.
Choose your Bitcoin wallet.Bitcoin wallet is equivalent to a bank account which allows you to get Bitcoin,to send to others and to store them.Even if you can download a bitcoin wallet,for mobile phone or your computer there are solutions,to receive and keep it in a wallet on the web without downloading any software.For the last option i recommend Coinbase and Blockchain.An advantage of online wallets is that you can access from anywhere, no matter what device you're using.You can get bitcoins by accepting them as a payment for goods and services or by buying them from a friend or someone near you.You can also buy them directly from an exchange with your bank account or get from  websites faucet.For a list of the best paying faucets,check this link or page:Cryptocoin Faucet.That page provides list of different currencies(Bitcoin,Dogecoin and other cryptocurrencies) and best paying faucets  sites of cryptocurrencies in the internet.For more information about Bitcoin try this website,bitcoin.org

Comments

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    Replies
    1. All the best xD and thanks for the info :)

      Delete
  3. Did you think about trading with the ultimate Bitcoin exchange company - YoBit.

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