Sunday 21 May 2017

BITCOIN BEGENERS: STEP BY STEP GUIDE TO BUYING, SELLING AND INVESTING BITCOINS

 Introduction:

Throughout history, the primary method of communicating with someone over long distances was sending a letter. This could take days, weeks, even months, with no guarantee the letter would arrive at all. Even then it was only one-way communication, for a conversation to take place it would take longer still. Email changed communications drastically. Messages were sent and received instantly, from anywhere in the world. Before email, people didn't even recognize the drawbacks of the old communications system. Once email became widely adopted, the drawbacks were instantly obvious, and we've never looked back.  This is true of our current system of money today. Most people don't stop to think about the drawbacks of our current monetary system, but a new technology is already beginning to change that. This new technology—called Bitcoin—is rapidly changing the way we view money. This guide will explain to you what Bitcoin is, give a layman's view of how it works, and explain exactly how you can obtain Bitcoin, store them safely, spend them, and even create them yourself. Bitcoin is a complicated subject, but in this guide I will give you everything you need to know in order to understand the system and get started.






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