What is Bitcoin?
Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence.Who created Bitcoin?
Bitcoin is the first implementation of a concept called "crypto-currency", which was first described in 1998 by Wei Dai on the cypherpunks mailing list, suggesting the idea of a new form of money that uses cryptography to control its creation and transactions, rather than a central authority. The first Bitcoin specification and proof of concept was published in 2009 in a cryptography mailing list by Satoshi Nakamoto. Satoshi left the project in late 2010 without revealing much about himself. The community has since grown exponentially with many developers working on Bitcoin.Satoshi's anonymity often raised unjustified concerns, many of which are linked to misunderstanding of the open-source nature of Bitcoin. The Bitcoin protocol and software are published openly and any developer around the world can review the code or make their own modified version of the Bitcoin software. Just like current developers, Satoshi's influence was limited to the changes he made being adopted by others and therefore he did not control Bitcoin. As such, the identity of Bitcoin's inventor is probably as relevant today as the identity of the person who invented paper.
How to make money with bitcoin without any money ?
In my opinion, the best and easiest
way to earn Bitcoins is to accept them as a means of payment. If you have a
small business, the integration is done quickly and easily. No matter if you
have a brick and mortar shop or an online business, no matter if you
sell goods or services. You just have to complete the following three steps:
- Get a free online Bitcoin wallet from Blockchain.info. If you're not sure what a Bitcoin wallet is, check out my What is Bitcoin section. There are also many other providers apart from Blockchain.info. Find out which works best for you. And remember, no wallet is absolutely safe, so be careful with your money.
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Display a QR-code with your Bitcoin address next to your cash
register. There are two options here.
- When you have your Blockchain.info account go to 'Receive Money'. Under the 'Actions' drop-down menu select 'QR-code'. Print out the image with the QR-code and place it next to your cash register. Your customers will typically have a Bitcoin app installed on their smartphone where they can enter the value of the purchase in USD or EUR. Their app calculates the corresponding Bitcoin value. It automatically takes the current exchange rate to get the right amount. On your Blockchain.info account you can check the confirmation of your incoming payment.
- The other option you have is again on your Blockchain.info account. Go to 'Receive Money' and then under the 'Actions' drop-down this time select 'Create Payment Request'. Now you enter the Bitcoin amount the customer has to pay and it will show the corresponding QR-code. This way the customer doesn't need to enter an amount. For this method you need to calculate the Bitcoin amount from your USD or EUR price before you can enter it for the QR-code to generate.
2. At present, it is hard to dig Bitcoins if you don’t have a powerful mining hardware. Moreover, the price of Bitcoins is very high. If you a newcomer for Bitcoins, actually you have another way to gain Bitcoins besides mining and buying the Bitcoins. There are some websites on the Internet will give away a small amount of Bitcoins for free. FreeBitco is one of those websites.
FreeBitco is a website that can give away free Bitcoins. More accurately, FreeBitco is a Bitcoin lottery website. You can have a lucky draw every one hour. The probability to get the first price i.e. 0.18 Bitcoins is one in a million.
When your account balance has more than 0.00005460 Bitcoins, the payment will be realized from next Monday. Please wait for one or two days patiently. You need to tick Auto-Withdraw ENABLED.
MORE REFERRALS - MORE MONEY!!!
THE SHORT DESCRIPTION OF THIS METHOD:
1. Get a free online Bitcoin wallet from Blockchain.info.
2. Get free bitcoins using your bitcoin address:
http://freebitco.in
3. Get more referrals- Tell your friends and classmates. For this work no needed money no needed hard work! Only the computer and internet connection!!!
Good luck!
For more information:
bestmanagerforyou@gmail.com
Thanks
Regards: Steve
