Wednesday, 4 May 2016

Know What Is Bitcoin

Buying and selling on the Internet these days has indeed been growing so rapidly. Not only in the transaction process is more diverse, now also has appeared a new virtual currency called Bitcoin. Maybe some of you there who do not know even the first hearing his name.

However, since introduced in 2009, is in fact unique currency began to be used by some of the actors in the eCommerce world. More details below reviews about whether and how the role of Bitcoin as a means of online transactions.



Definition and History of Bitcoin

Bitcoin is a virtual currency that can be used to transact online. When asked how this form of currency, which is amorphous and not as a physical currency issued by a bank and it is not the currency of a country. The shape of this unique currency is just a file like ordinary general files.

The file is encryption of unique codes that make it not the same with each other. And like mp3 files or word that you have on your computer equipment, Bitcoin files can also be stored in a computer or a flash disk or a software called Digital Bitcoin Wallet. In addition Bitcoin can also be stored in the storage services on the Internet Bitcoin shaped like social cloud.

According to some sources, the history of the birth of Bitcoin began in 2007. A computer scientist trying to develop a virtual currency system is an entirely new models are not bound by any person or authority. The man was named Satoshi Nakamoto. The man from Japan is claiming develop Bitcoin for 2 years and started to take it off in the world of the Internet in 2009 and eventually spread to the present.

However, there are some experts who claim that the inventor is a fictitious name and no real person with that name. There are some experts who claim that the currency Bitcoin is something created by a person or group of people who really want to make a new perception in the world of online transactions. And the main goal of course to take advantage.

However, again in spite of his many stories circulating in fact now there are people who transact using Bitcoin and it seems it is more widespread even touching the virtual community in Indonesia. You can look for some information on Kaskus because not a few who have peddle copies Bitcoin there.

Deployment of bitcoin 

 When asked how the value of the currency as well as the deployment of bitcoin. Regarding the current distribution Bitcoin has spread almost all over the world. However, there are some countries that has strongly rejected the use of the currency Bitcoin as a means of online transactions. The country-countries include China and Singapore, the country has refused the use of Bitcoin as a means of buying and selling legitimate because it is not safe. In addition Bitcoin also feared will adversely affect the stability of online transactions in the country.

Regarding the value of Bitcoin, if on-the-exchange rate with the US Dolas values, others argue that the current value of 1 bitcoin or 1B (symbol Bitcoin) amounting to $ 195 dollars. However, the value will continue to change according to where the number of Bitcoin that exist today. Until now there are 21 million are estimated to have increased 25 Bitcoin Bitcoin permenitnya worldwide.

Advantages and Disadvantages Bitcoin
The advantages of Bitcoin as a payment instrument is that it is simple and quick. Bitcoin is a means of transactions per person and only people who can use it to hold it. Also in use it is, we do not need to include personal information such as the currency of the bank or other online transaction accounts. This course provides information security of the owner.

Might be the costs of the use of Bitcoin is because its shape is just a file, allowing Bitcoin becomes damaged / lost / deleted if something happens to the device where we store the Bitcoin. And its greatest weakness is that Bitcoin is a tool that is present transactions because there is a will and trust of the penggunaya. This allowed for a time of Bitcoin could really not worth because there is no one wants to use that currency.

Bitcoin currency is a result of the development in technology ecommerce grows too massive. And for those of you who do an ecommerce offender can just follow and understand more about the current developments, but the important thing is to keep security in your transactions. Let's wait how the development of unique virtual currency this one. So this article may be useful to you and thank you for visiting.


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