New Financial Era, Bitcoins vs Fiat Currency

Posted by Teodor M.
11
Dec 28, 2013
807 Views
Image I am still working with fiat currency, such as USD, EUR, GBP and even have a company opened in UK that deals with financial services, but the new cryptocurrency coin named Bitcoin or BTC and also the others like Litecoin or LTC , Namecoin or NMC, etc. are great currencies that are growing very fast in price and the amount of transactions are huge. 

Bitcoin is open-source. Nobody owns it; the most popular client is maintained by a community of open-source developers.

Bitcoin verifies transactions with the same state-of-the-art encryption that is used in military and government applications.

Bitcoin network depends on mining, which provides the network with the means to verify transactions, controls the currency supply and provides the miner coin for their effort. Mining makes you money and it makes you money with very few requisites.

You don’t have to do any physical work to mine and now you are going to gain basic knowledge of what Bitcoin mining is and how you can get started.

For more details visit http://capitalaccent.co/
37 people like it
avatar avatar avatar avatar avatar
Comments
avatar
Please sign in to add comment.