Topic: An Easy way to understand Bitcoin - page 4. (Read 69162 times)
The easiest way to understand bitcoin is itself to stay here on this forum, this is the real source of the actual understanding of the BITCOIN and BLOCKCHAIN.
In the year 2009 Bitcoin was created by unknown person using the alias "Satoshi Nakamoto". Transactions are made with no middle men which means that it has no "bank", the value of bitcoin can be used to buy book hotels, pay bills and etc.
Bitcoin can be use to merchandise anonymously and also international payments are convinient and cheaper because bitcoin doesn't have a specific value - meaning it is not tied up within a country. Some person buy bitcoins not just to have it but as an investment and expecting that the value of it will grow bigger as time passes by.
Bitcoin can be use to merchandise anonymously and also international payments are convinient and cheaper because bitcoin doesn't have a specific value - meaning it is not tied up within a country. Some person buy bitcoins not just to have it but as an investment and expecting that the value of it will grow bigger as time passes by.
Perfect guide, Thank you very much for share!
Bitcoin is a digital currency which is used to make secure payments, and has virtually no fees. It is generated by a process called ‘mining’ and a public record of all transaction carrieds out using the medium is maintained on a ledger, called ‘blockchain’.
Bitcoin came into existence in 2008, and was launched online the following year. A user by the name Satoshi Nakamoto is given credit for the inception of this cryptocurrency. Attempts have been made to reveal the identity of this user, but none have been successful.
Bitcoin is unregulated. In other words, it is free from government control. But the biggest plus point it has to offer is that of complete anonymity. Bitcoin is seen as a tool for private, secure and anonymous transactions. This is the reason why it's so appealing.
If you're looking to start trading in crypto-assets, I suggest trying https://thebitfort.com/
Bitcoin came into existence in 2008, and was launched online the following year. A user by the name Satoshi Nakamoto is given credit for the inception of this cryptocurrency. Attempts have been made to reveal the identity of this user, but none have been successful.
Bitcoin is unregulated. In other words, it is free from government control. But the biggest plus point it has to offer is that of complete anonymity. Bitcoin is seen as a tool for private, secure and anonymous transactions. This is the reason why it's so appealing.
If you're looking to start trading in crypto-assets, I suggest trying https://thebitfort.com/
As we mentioned above, there is no central person or central authority in charge of Bitcoin. Various programmers donate their time developing the open source Bitcoin software and can make changes subject to the approval of lead developer Gavin Andresen. The individual miners then choose whether to install the new version of the software or stick to the old one, essentially “voting” with their processing power. It is in the miners’ best interest to only accept changes that are good for the Bitcoin currency in the long run. These checks and balances make it difficult for anyone to manipulate Bitcoin.
Bit coin is digital currency... Now you some of might be thinking that what is digital currency??!!.. And we already have a world full of digital currency...
As we all know digital currency means you just have a amount of money in numbers... From that numbers you can buy anything from the market or wherever you are right now...
But what's the difference between bitcoin and digital currency?. 🤔..
Ans -: in bitcoin you don't have any 3rd party interferences between the buyers and sellers... You just simply transfer the bitcoin to other... And other person can be a seller of toys, some daily shampoo seller, or any other seller...
Summary -:with bitcoin you can transfer funds without any interference of any bank....
As we all know digital currency means you just have a amount of money in numbers... From that numbers you can buy anything from the market or wherever you are right now...
But what's the difference between bitcoin and digital currency?. 🤔..
Ans -: in bitcoin you don't have any 3rd party interferences between the buyers and sellers... You just simply transfer the bitcoin to other... And other person can be a seller of toys, some daily shampoo seller, or any other seller...
Summary -:with bitcoin you can transfer funds without any interference of any bank....
Explain everything a bitcoin.This article is really helpful ,The most intuitive bitcoin to get know bitcoin forum you can easily,that you have a bitcoin is advice how to bitcoin more advantage bitcoin is really confused to translate
Yes, bitcoin is easy way to understand, It is still growing popularity as it has been around for along time and bitcoin is new technology which be useful for all in future.
Bitcoin is easy way to understand. because bitcoin is biggest popular digital currency worldwide, now bitcoin market price is $14029.93. Bitcoin is the new technology which be useful for all in future.
Bichon is to simple language so that a year old a can understand the concept for BTC so very easy for bitcoin
That's really nice share thanks for the list nk op
I recently came across this blog on Medium: https://blogs.thebitfort.com/. Most of the content here is easy to understand, and it appears to be active as well.
Nice Topics because newbi can understand easily. I think most og the newbi haven't enough knowledge about bitcoin.
Yes I am very easy to understand the bitcoin this is not hard for me
good explanation in the article 
Good info, explained everything about btc which is very helpful.
Thanks for sharing.
Good stuff dear mate,Thanks for sharing 🙏🙏🍺🍺
Bitcoin is hard but process is very simple so easy but no problem Bitcoin
It is good and easy, I don't think bitcoin is that hard.. Thanks for this Benson. Jump to: