How to invest/earn bitcoins and other cryptocurrencies
The noise about Bitcoins has blown away the roof no one trending on the internet should be let out. The questions a lot of people keep asking me a thousand times over and over again
1.What is Bitcoin?after I answer they ask me
2.How do we earn it?To answer the question
What Is Bitcoin?I have got to first and foremost tell you that just because the most head is the most popular talked about part of the body doesn't make it a body.So to understand more what Bitcoin is you must understand where it belongs to.
What Is Bitcoin?Simple Answer
Bitcoin is a Cryptocurrency
Now what is a crypto currency?
A cryptocurrency is called digital money, meaning they are created without printing and without the need for us to exchange notes or paper money as we do.Instead, they are created by computer and made to distribute among a group of people. The more it gets popular the more it will be valuable and be able to used as means of exchange as payment for goods and service.
The real true advantage of Bitcoins and other cryptocurrency is they are decentralized no banks involved in transaction and you can send or receive them without having to sign some paper work etc as banks require. Acquiring them is easy and opening a safe store for them on the internet is as simple as opening an email account if not simpler.
List of trending crypto currencies.
- Bitcoin
- Etherum
- Litecoin
- Peercoin
- Dogcoin
- Etc
Now why is Bitcoin popular?
Bitcoin was created in 2008 by Satoshi Nakamoto and was released in 2009 to the public for less than a dollar. It was the first successful cryptocurrency that made people believe that crypto currency in 2017 bitcoin valued $3000.
The main reason why people loved Bitcoin is it's easy to own and not controlled by government just like all cryptocurrency but what actually made Bitcoin the talk is when big companies started accepting means of payment for their products and services this caused a lot of noise and echoes since then a lot of people has dreamt about owning some Bitcoin due to its appreciation from less than a dollar to thousands of dollar. E.g spendabit is a collection of thousands of merchants all over the world accepting bitcoins for millions of things
"HOW TO EARN BITCOIN"
Just like how to earn money is hard so you shouldn't expect to earn or own some Bitcoin to be free at a splash of thought. To earn bitcoins you either have to work for it or invest to earn it.
To learn more about bitcoins you need to first visit their official website Bitcoin.org to get straight from source information or watch the video above.
There are various website claiming to help you earn bitcoins most of them are either scams or time waster making you do some useless activities.
To earn Bitcoin is same way like earning money if you want bitcoins offer value and get people to pay you in bitcoin.
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