Posted on Tuesday, July 30, 2013 at 11:03 am CDT
Bitcoins are a very popular kind of cryptocurreny; users store their Bitcoins on a computer’s hard drive or removable storage device store, they can be transferred from user to user electronically without the use of a third-party. Banks, card processors and e-wallets become obsolete when Bitcoin is used.
Source: Wild Blue Sports
Posted on Monday, July 29, 2013 at 2:11 pm CDT
Bitcoins are a kind of cryptocurreny, they can be transferred from user to user without the use banks, card processors, e-wallets or other financial institutions. They cannot be interfered with or printed by governments and central banks. Bitcoins are believed to have been thought up and created by Satoshi Nakamoto, since the financial crisis the Bitcoin idea has become very popular, due to the way the system works and its limited supply some users view it as a kind of virtual gold.
Source: Wild Blue Sports