sábado, 28 de noviembre de 2015

Bitcoin Mining 101

Is bitcoin changing the way we see the market?

Is bitcoin changing the way we see the market?

It´s been almost 7 years since bitcoin comes to the scene and it is true that it will change our life.

Satoshi , the anonymous bitcoin creator brought this miracle to the world for free and we are learning how this can help us .

Nobody controls bitcoin , there is no regulator or currency issuer , neither a central bank or authority that would corrupt the system , it is decentralised P2P money that we use in the internet . 

No account details are needed because there are no accounts , just wallets , electronic wallets in everyone´s phones or computers . You can easily send 1 million Pounds , Dollars or Ounces of Gold in bitcoins to a partner on the other side of the world ,  he/she receive it in minutes and transaction fees are cheaper than 1 cent.

So in this scenario everybody feels free to enter a new kind of market , market where freedom comes first and trust is improved as no Government or institution can freeze accounts or regulate it . 
They cannot steal money from them. 

It works 24/7/365 and even people are able to contribute to the bitcoin network and create coins , this is called "bitcoin mining" . Only special bitcoin mining devices are required to mine bitcoins (bitcoin miners) . These devices are connected to the P2Pnetwork and they do the essential work of verifying transactions adding security to the entire system.

So why anyone needs to trust a Central Bank ? 

Why use banks? 

Why don´t use digital gold that runs free on the cyberspace and its protected by high-end cryptography?

Questions will be answered in less time than expected ...

Enviamos más rápido que los Drones de amazon

Enviamos más rápido que los Drones de amazon
You Love Bitcoin http://youlovebitcoin.com