Friday, May 16, 2014

Understanding bitcoin in a simple way


I hope this simple presentation would lead you to understand and hopefully adopt this great technological invention that would make great changes and developments for the whole world

                                 

the home
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it
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and Bigpoint is a digital currency
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which aims to do away with all the problems we have paintings online
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I'll you may think the system we have is pretty good
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but everything we buy today has to go through a bank or credit card company
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who take a cut to the transaction and who rely on our trust that they'll do
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everything right
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after a while those payments start to build up
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an addict to security you have to trust your card company to keep your details
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safe
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0 many people try to work out how to have a payment system without that
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middleman
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but then there's another problem how do you prove that you pay for some think
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or even the half that money at all without someone vouching for you
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well it's so serious has a name
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the double spending problem
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I'll then in 2008
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a solution was offered by an anonymous program going by the name
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station at a motel
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Nakamoto left the paper on a popular crypto crippled
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which proposed a system of currency this old all of these fatally problems
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I'll his proposal was that instead of a bank or credit card company recording
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every transaction in one central ledger
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ap all the users with record all of the transactions at the same time
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ok as a result any attempt to fool the community would be noticed and the
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payment projected
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no one user government
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all bank can force a fee on a payment or control it slow
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the result is a cheaper quicker and easier way to spend money
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even across national borders well
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so this is pat Quinn and it's already starting to have an impact on people's
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lives


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I'll with a month to the proposal it was being used to buy and sell goods
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although not always from my scrupulously traders
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I'll he but it's not all shady business is
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I'll some shopping sites take it
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you can buy points in London and even pay for university tuition
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up
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well
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as you might have heard there are problems well summer profiting from
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getting involved early
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others are losing out from this volatile in young market
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and people found in companies to buy out lots a PICC lines
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as it's designed to have unlimited amount ever in circulation
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that might cause problems down the road there's so much uncertainty around
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pickling
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some people genuinely think this is the future I'll
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others are terrified it could destroy our economy but many from both sides
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agree
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that if we could get bit going to work or something like it
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me if we can trust a digital currency
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to work without the middle name the way the world economy functions
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I'll could be transformed for the better up
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me


Start  earning with bitcoin  and  use it  here's a link to GENERATE BITCOIN  adopt BITCOIN..