27 Nov '16, 1pm

Ten Important Things to Know About Bitcoin

Ten Important Things to Know About Bitcoin

Many people have heard of bitcoins but would like to learn more. The following are ten important things to learn about bitcoins. 1. One of the biggest advances in the technological field is the introduction of digital currency. One of the better known of these is called bitcoin. This digital currency was created in 2009, and was the first of its kind. Unlike standard currency, bitcoin has no physical form; it consists entirely of computer code. 2.The founder of bitcoin used the name Satoshi Nakamoto. This may be a pseudonym, but it is unknown whether or not it is. Active in development, Nakamoto disappeared in 2010 into anonymity and has not been discovered since. It is unknown if Nakamoto is still involved in bitcoin in any way; however, about $1millionUSD worth of bitcoin are still held by him. 3. To keep bitcoin, you will need a digital wallet. This is similar to a phys...

Full article: https://bizyell.com/2015/02/10/ten-important-things-to-kn...

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