Bitcoins – Will They Survive?


Around 2009 a new concept of currency was introduced. The concept seemed a little vague about the usage of this currency but two years later, Bitcoins has emerged as a fast catching trend. Proclaimed as a decentralized digital currency, more people and business have started using Bitcoins. Though the currency is still in its experimental stage regular updating and frequent ... Leer Más »

Where Will Bitcoin Boom Next?


Bitcoin is a virtual currency that doesn’t rely on a central authority for bookkeeping but instead is completely open-source, peer-to-peer network for money, something unparalled in the history of human economics. But are the people, their representatives and businesses ready for this new form of currency? Bitcoin can take off in some places and countries sooner than expected depending on ... Leer Más »

The Far Reaching Implications of the Bitcoin Protocol


It is hard to imagine a world where smart phone technology is ubiquitous, and there are still individuals who do not have access to adequate financial institutions. In these modern times there are roughly six billion people with limited or no access to banking facilities. Difficult to fathom, right? Sadly this is the truth for many people in developing countries. ... Leer Más »

Bitcoin Marketing – Case Studies


Bitcoin Marketing Successful Bitcoin Marketing often results from innovative businesses simply accepting payments to open up new niches. Many businesses have had great fortunes with using Bitcoin, which further strengthens the economy by giving more uses for the cryptocurrency. The almost non-existent fees and the inability to reverse transactions is a huge selling point for business, where traditional payment methods ... Leer Más »

What Is Bitcoin and Why Do People Care?


Bitcoin is a brand-new kind of capital or currency. It resembles the US Dollar, the Euro or the Peso, except that it is not controlled by any single company or government. Rather than being manipulated by a single body, bitcoin is a decentralised peer-to-peer currency, meaning that it lives on the computer of everyone that works with it. (The same ... Leer Más »

Bitcoin & It’s Impact On Currency


Bitcoin is a revolutionary kind of currency that was introduced in 2009! It functions by enabling transactions to go through without the need for the middle man. Therefore no banks are required. You also get the benefit of no transaction fees and no need giving out your real name. With such flexibility bitcoin has become widely accepted by both consumers ... Leer Más »


Most people have heard of the term Bitcoin but don’t have a clear idea of what it really is. Simply defined, Bitcoin is a decentralized, peer to peer, digital currency system, designed to give online users the ability to process transactions via digital unit of exchange known as Bitcoins. In other words, it is a virtual currency. The Bitcoin system ... Leer Más »

Bitcoins – Should You Use Them?


Bitcoin was launched as a private initiative in 2009. Unlike traditional currencies, such as the Euro, Sterling and Dollar, it is not controlled by a central monetary authority. Instead, it is underpinned by a peer-to-peer network of its users’ computers. This is similar to how Skype, a video chat service, operates. The basic unit of value is the bitcoin. However ... Leer Más »