Bitcoin Scams And How To Avoid It
Jan20

Bitcoin Scams And How To Avoid It

As major retailers continue to adopt bitcoin and the world continues to warm up to the idea of the virtual currency, the number of fraud cases related to it is increasing at an alarming rate. Bitcoin transactions are not overseen by any central authority or financial institution and are irreversible thus making them a popular “vehicle” for fraudsters. You should be able to identify a legitimate bitcoin program and a scam. Failure to...

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Starting With Bitcoin For New Users
Nov20

Starting With Bitcoin For New Users

Bitcoin is a type of virtual currency that is completely digital, there are actually no physical coins. This digital currency system is intended to give people who work online the capacity to carry out business transactions more open and freely. Bitcoin was introduced in 2009 by an anonymous programmer hiding under the name Satoshi Nakamoto. It is not regulated by the government or any financial institution. Today, bitcoins have...

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Introduction To Virtual Currency “Bitcoin”
Nov06

Introduction To Virtual Currency “Bitcoin”

Bitcoin is a digital virtual currency that is designed to give online users the capacity to process transactions without restrictions from outside third parties like governments and banks. It is also referred to as a type of electronic currency or crypto-currency that is autonomous from conventional banking. The technology was designed in 2009 by an undisclosed individual hiding under an identity named Satoshi Nakamoto. To this day,...

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