by Express, Knowit
, Neal, David
Get on the
EXPRESS for Bitcoin
Know How Does Bitcoin Work and How to Use It like Money You probably have seen it
discussed in the
news or around the
internet. Heck, you may even have
heard your
techie friend babbling about at one point when you couldn't care less...until now, with a changed heart and reconsidered mind.
We're talking about the next big thing - bitcoin.
As you may or may not realize, the next revolution is upon us (if not already here) in how we will forever conduct monetary trade with the already large quantity of transactions done electronically every day and still on the rise where basically our money can be considered
digitalized. And with that, arises
bitcoin.
Are your still scratching your head...what is bitcoin? How does bitcoin work? In order to understand bitcoin, you have to understand the
difference between currency and money.
Currency is a tangible form of money. In other words,
money is
intrinsic while
currency is
extrinsic. For example,
paper can represent money;
coins can represent money. In this case, currency equals those
paper and
coins as
mediums of exchange. Currency has had an ever-evolving long history: from
bartering with
commodities like grains and livestock, to
trading with
stones and
coins, and to
using paper dollar bill money as we know of today.
The problem with the dollar bill or paper money is that the government can easily
print more of this paper that represents money, and has been doing so...thus causing
inflation with your paper money to
worth less than it actually is. Contrast to
gold, the government can't create gold like they do with printed money. The value is based on scarcity. There is only a limited supply of gold out there, maintaining its value; while paper dollar bill can always be printed, decreasing its value.
Bitcoin can be viewed as the
digital version of gold because there is only a limited amount of it out there, and it's protected from inflation; nobody can come in and make more of it. Plus, the
convenience of bitcoin is you don't have to carry it and worry about where you place it or if it gets lost like if it were physical money in your wallet or purse, but you can use it without actually needing anything on you because it's 100% virtual.
Do you now see the beauty and power of bitcoin?
By taking the Bitcoin, your destination includes - How to get started and set up everything up from bitcoin wallet to vault step-by-step with plenty of charts and images.
- How to even make money from bitcoin like early adopters who strunk it rich before the opportunity is gone.
- How to use bitcoin practically within your everyday life as an alternative to not carrying physical money on you.
- How to buy bitcoin and protect yourself from fraud and scam as well as avoid unwarranted unsuspecting fees.
- How to work with the science and system of bitcoin mining to get the most out of your money exchange.
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Also, personalized hands-on exercises and applications to put everything into action on how to get bitcoin.
...
and much more.
What we went through in the early 90s regarding the
internet that eventually became
standard among every part of our daily lives, is the
same thing as what is happening now with
bitcoin.
Throughout history, it's always the early adopters who have an advantage over others to make it big. The bitcoin is still a wide-open territory. Now it's the time for you to
jump on the bandwagon to get a piece of the pie before it departs...leaving you behind.