Sorry if this has been written about a thousand times already, but could I ask whether you agree or disagree with the following ultra-brief presentation of Bitcoin (reasons for your support or rejection would be appreciated!).
Bitcoin is a unique payments solution in which Bitcoins function both as shares of the system and as an efficient and cheap method of payment.
With service providers such as Bitpay merchants and customers can essentially choose to transact fiat currency, using Bitcoins as an intermediary to avoid credit card fees and take advantage of super-fast payments.
But users can also choose to retain some Bitcoins in order to own shares of the Bitcoin network. These shares may also be traded between users.
Topic: Bitcoin: holistic payments solution in which the shares are the system (Read 513 times)
December 29, 2013, 06:37:23 AM
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