How To Earn Free Bitcoin In Less Than a Minute | 1000% Working ?
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? My Other Video ? What is a Bitcoin? | Why is it Needed? | Best Explained in Hindi ? ? https://youtu.be/WuF1j9TFWXA
? Bitcoin Is A Cryptocurrency And A Digital Payment System Invented By An Unknown Programmer, Or A Group Of Programmers, Under The Name Satoshi Nakamoto. It Was Released As Open-Source Software In 2009.
The System Is Peer-To-Peer, And Transactions Take Place Between Users Directly, Without An Intermediary. These Transactions Are Verified By Network Nodes And Recorded In A Public Distributed Ledger Called A Blockchain. Since The System Works Without A Central Repository Or Single Administrator, Bitcoin Is Called The First Decentralized Digital Currency.
Besides Being Created As A Reward For Mining, Bitcoin Can Be Exchanged For Other Currencies, Products, And Services In Legal Or Black Markets.
? Why Bitcoins? ? Bitcoins Can Be Used To Buy Merchandise Anonymously. In Addition, International Payments Are Easy And Cheap Because Bitcoins Are Not Tied To Any Country Or Subject To Regulation. Small Businesses May Like Them Because There Are No Credit Card Fees. Some People Just Buy Bitcoins As An Investment, Hoping That They’ll Go Up In Value.
? Acquiring Bitcoins ? Buy On An Exchange ? Several Marketplaces Called “Bitcoin Exchanges” Allow People To Buy Or Sell Bitcoins Using Different Currencies. Mt. Gox Is The Largest Bitcoin Exchange.
? Transfers ? People Can Send Bitcoins To Each Other Using Mobile Apps Or Their Computers. It’s Similar To Sending Cash Digitally.
? Mining ? People Compete To “Mine” Bitcoins Using Computers To Solve Complex Math Puzzles. This Is How Bitcoins Are Created. Currently, A Winner Is Rewarded With 25 Bitcoins Roughly Every 10 Minutes.
? Owning Bitcoins ? Bitcoins Are Stored In A “Digital Wallet,” Which Exists Either In The Cloud Or On A User’s Computer. The Wallet Is A Kind Of Virtual Bank Account That Allows Users To Send Or Receive Bitcoins, Pay For Goods Or Save Their Money. Unlike Bank Accounts, Bitcoin Wallets Are Not Insured By The Fdic.
? Wallet In Cloud: Servers Have Been Hacked. Companies Have Fled With Clients Bitcoins.
? Wallet On Computer: You Can Accidentally Delete Them. Viruses Could Destroy Them.
? Anonymity ? Though Each Bitcoin Transaction Is Recorded In A Public Log, Names Of Buyers And Sellers Are Never Revealed – Only Their Wallet Ids. While That Keeps Bitcoin Users’ Transactions Private, It Also Lets Them Buy Or Sell Anything Without Easily Tracing It Back To Them. That’s Why It Has Become The Currency Of Choice For People Online Buying Drugs Or Other Illicit Activities.
? Future In Question ? No One Knows What Will Become Of Bitcoin. It Is Mostly Unregulated, But That Could Change. Governments Are Concerned About Taxation And Their Lack Of Control Over The Currency. —————————————————————————————————————————————————————————————————————————————————————————————————————————————————- Like | Comment | Share | Subscribe ? ? Please! Don’t Forget To Like, Comment And Share The Video ? ? Do Subscribe Our Youtube Channel Below ? https://Goo.Gl/L6AQHj
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