For the past 8 years there has been a movement never seen before that can essentially end world poverty as we know it. Only question is do you want to ride in the front of this money train or behind it. . .
What is Bitcoin?In this day and age, uncertainty in the financial sector is a trouble we all face as a society. Corruption, deceit, and pure dishonesty has overridden our politics and governments no matter what country you may reside in. Greed has inevitably lead to economic instability and in its wake created a beacon of hope and now I can proudly announce, global prosperity for those who so desire it.
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With that said allow me to introduce Bitcoin. Bitcoin is a form of digital crypto- currency that is rewarded when complex mathematical algorithms are solved. Created in 2009 by an anonymous identity named Satoshi Nakamoto, bitcoins are transferred from user to user on a peer to peer decentralized network.
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Bitcoin balances are recorded and secured in what is called a block chain. Block chains follow a sequences of events which must always remain tried and true. Any attempt to alter, manipulate, destabilize, with any form of corruption will immediately trigger an alert making it virtually impossible to hack transfers. This sequence of chronological orders create an integrity that detects and deters with encryption known as cryptography.
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Bitcoins are transferable from person to person, company, etc in a secure ledger on the block chain through a bitcoin wallet. This process makes it cheaper to exchange funds for goods and services and for the technically savvy person, they can create an entire network using the Bitcoin model to eliminate the need of API from a 3rd party source or system. This technology will complete revamp the entire way that business will be conducted in the very immediate future.
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