BITCOIN
What is it?
Bitcoin is an online currency, which is not present in real
life and hence a person cannot physically deal with it. It was created by a
person who calls himself Satoshi Nakamoto.
The
interest in bitcoin is growing all over globe because the person can stay
anonymous while making any kinds of transaction. Also there is no 3rd
party or intermediate involved (banks etc). so it is considered to be safe by
many people who want to anonymously make financial tractions in the form of
bitcoins.
How it is useful?
The bitcoins are used mostly because they are very cheap and that is because
they are not related in any forms with the global currency or restricted to any
particular territory. So there are no sorts of fees collected from users like
from the ATM cards. so they are very useful for small businesses who wish to
operate on international basis.
Where to get it?
A
user can go to one of their site and create a account the user will get a free
wallet form which he can make transactions, but wait where the bitcoins will
come from? For that the user must go to exchange site where he can deposit the
money and get bitcoins in return for anonymous exchange of money the site can
charge few percent extra charges.
Few
more resources:-
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