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Read these tips for Newbies
Looking to get into the exciting world of Cryptos?
It can be hard at first trying to acquire Bitcoins especially if you have no money to invest. The good news is you got on board the Bitcoin train before 99% of the rest of the world, and there is plenty of time left to get BTC. One day 1 mBTC might be worth $1000 who knows?
Bitcoins are a decentralized Peer-2-Peer digital currency that is used to purchase goods, barter and buy services. A hash key is created using online Wallet services or Software which is used to accept and send Bitcoins. First created in 2009, Bitcoins are now widely accepted by a variety of online merchants with billions of dollars worth of transactions to date.
Not only is buying, selling and trading Bitcoins extremely easy, but many Vendors and Businesses are now accepting Bitcoins as payment for goods, services and other items. All you have to do is type in the Address to receive the Bitcoins and the system will broadcast the transaction to the network. You can Easily generate QR codes for mobile payments or add your Bitcoin address on T-shirts. There is no limit to the amount of Bitcoin Addresses you can generate and use for transactions.
Bitcoins are a relatively safe way to barter and buy due to the fact that no central financial organization is in control or profits from Bitcoins. All of the Bitcoin transactions are publicly available in a data block and Bitcoin addresses can be used anonymously without being tied to your personal information or bank accounts.
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