Introduction
You must have heard about Bitcoin, the digital
currency taking the whole world by storm today. Bitcoin is an innovative
payment network and a new kind of digital money. It uses peer-to-peer
technology to operate with no central authority or banks. Bitcoin allows exciting uses that could not be covered by
any previous payment system.
What are the advantages
of Bitcoin?
·
Payment freedom - It is possible to send and
receive any amount of money instantly anywhere in the world at any time. No
bank holidays. No borders. No imposed limits. Bitcoin allows its users to be in
full control of their money.
·
Very low fees - Bitcoin payments are
currently processed with either no fees or extremely small fees. Users may
include fees with transactions to receive priority processing, which results in
faster confirmation of transactions by the network. Additionally, merchant
processors exist to assist merchants in processing transactions, converting
bitcoins to fiat currency and depositing funds directly into merchants’ bank
accounts daily. As these services are based on Bitcoin, they can be offered for
much lower fees than with PayPal or credit card networks.
·
Fewer risks for merchants - Bitcoin
transactions are secure, irreversible, and do not contain customers' sensitive or personal information. This protects merchants from losses caused
by fraud or fraudulent chargebacks, and there is no need for PCI compliance.
Merchants can easily expand to new markets where either credit cards are not
available or fraud rates are unacceptably high. The net results are lower fees,
larger markets, and fewer administrative costs.
·
Security and control - Bitcoin users are in
full control of their transactions; it is impossible for merchants to force
unwanted or unnoticed charges as can happen with other payment methods. Bitcoin
payments can be made without personal information tied to the transaction. This
offers strong protection against identity theft. Bitcoin users can also protect
their money with backup and encryption.
·
Transparent and neutral - All information
concerning the Bitcoin money supply itself is readily available on the block
chain for anybody to verify and use in real-time. No individual or organization
can control or manipulate the Bitcoin protocol because it is cryptographically
secure. This allows the core of Bitcoin to be trusted for being completely
neutral, transparent and predictable.
Currently, the value of 1 Bitcoin stands at $749 (that
is over #300,000) Yet you can earn bitcoin coins(satoshis) free. My best 5 free
bitcoin sites are as stated below:
· Create
a free bitcoin wallet here if you have none:
Claim over 2000 satoshis every day.
Minimum withdrawal: 10,000 satoshis
(send to your bitcoin wallet automatically every Sunday)
Claim over 3000 satoshis daily
Minimum withdrawal: 15,000 satoshis
when you request for withdrawal
Claim every 5 minutes… you can
claim over 10,000 satoshis daily.
Minimum withdrawal: 10,200
satoshis(automatic every Sunday)
Claim between 300 satoshis and 1
bitcoin every 60 minutes
You can as well multiply your
bitcoins playing games
Minimum withdrawal: 10,000 satoshis
Claim between 300 satoshis and 1
bitcoin every 60 minutes
Multiply your bitcoins
Play lottery to win 3 bitcoins plus
(weekly)
Minimum withdrawal: 32,000
satoshis(auto withdrawal)
*** Convert
Your Bitcoin to Cash Here***
#1… NAIRA EX
## 2… INSTANT GOLD
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