WHAT IS A BITCOIN ?
Send Bitcoin from your computer, tablet, smart phone or other device, to anyone, anywhere in the world, day and night.
Bitcoin verifies transactions with the same state-of-the-art encryption that is used in banking, military and government applications.
Bitcoin is open-source. Nobody owns it; the most popular client is maintained by a community of open-source developers.
Using the Bitcoin network is free, except for a voluntary fee you can use to speed up transaction processing.
“PayPal had these goals of creating a new currency. We failed at that, and we just created a new payment system. I think Bitcoin has succeeded on the level of a new currency, but the payment system is somewhat lacking. It’s very hard to use, and that’s the big challenge on the Bitcoin side.”
“Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.”
“When bitcoin currency is converted from currency into cash, that interface has to remain under some regulatory safeguards. I think the fact that within the bitcoin universe an algorithm replaces the function of the goverment …[that] is actually pretty cool.”
My family and me want to thank you for helping us find a great opportunity to make money online. Very happy with how things are going!
“Bitcoin is a remarkable cryptographic achievement… The ability to create something which is not duplicable in the digital world has enormous value…Lot’s of people will build businesses on top of that.”
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