Bitcoins are a worldwide currency that uses a public
ledger to record transactions that are sent from person to person without a
central bank or repository. It is not controlled by any government, regulating
body, individual company, or person so it's being classified as a true
"decentralized virtual currency."
Bitcoin is anonymous and it works a lot like
cash because you receive it instantly when it's sent. Just like cash, once
something is paid for it cannot be taken back, there are no refunds or
charge-backs and the transaction fees are extremely low..
Unlike a bank; for example, who can freeze your
account, take money from you or really do whatever they want.
There are over 200,000 businesses worldwide that accept Bitcoin and that number
is growing every day. Now is the time to start accumulating Bitcoin!
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