Bitcoin is the first decentralized digital currency. Bitcoins are digital coins that you can send through the internet. Compared to number of alternatives, Bitcoin have a number of advantages. Bitcoins are transferred directly from person to person via the net without going through a bank or a clearing house. This means that the fees are much lower. You can use them in every country. Your account cannot be frozen and there are no per-requisites or arbitrary limits.

Several currency exchanges exist where you can buy and sell bitcoins for USD, Euros and more. Your Bitcoins are kept in your digital wallet on your computer or mobile device. Sending Bitcoins is simple as sending and email and you can purchase anything with Bitcoin. The Bitcoin network is secured by individuals called “Miners”. Miners are rewarded newly generated bitcoins for verifying transactions. After transaction are verified, they are recorded in a public transparent ledger.

Bitcoins open up a whole new platform for innovation. The software is completely open source and anyone can review the code. Bitcoin is changing finance the same way the web change publishing. When everyone has access to a global market, great ideas flourish! Bitcoins are a great way for businesses to minimize transaction fees. It doesn’t cost anything to start accepting them and it is easy to setup.

There are no charge-backs and you’ll get additional business from the Bitcoin economy. For more information about Bitcoin, visit https://bitcoin.org/en/