Know What is bitcoin definition and mean for the economy. Bitcoin as a currency that can exchange digitally online. Know the rates, and tips on how to buy bitcoin.
Hi Grace, It is a pleasure to inquire some information about bitcoin. I don’t know about bitcoin, may I know what it is all about? I would like also to know the exchange rates and how to have bitcoin. thanks – Jerico from Alberta, Canada
In an online business, you can use bitcoin, you can allow your clients or customers to pay you for your products and services using it. Bitcoin is considered as an online currency. But, it is not a “money” literally. It is currency you can use in purchasing products and services online.
I remember when I want to buy some domain names, a domain registrant (don’t want to mentioned for privacy reasons) has an option to let me pay my desired domain name using bitcoin, PayPal and credit card.
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What is Bitcoin Definition and Mean for the Economy
CNN Money explained well what is a Bitcoin all about. Here we gather some question and answer related to Bitcoin.
Question: What is Bitcoin?
Answer: A digital currency to be use when purchasing online.
Question: Is there any fees in using Bitcoin?
Answer: There are no transaction fees.
Question: What else can I buy using Bitcoin?
Answer: You can buy anything like web hosting, domain names, products like ebook,etc.
Question: How to acquire Bitcoins?
Answer: Go to Mt. Gox and buy Bitcoin, you can buy and sell bitcoin online. Just search the legitimate one.
Question: Can I transfer Bitcoin to other person?
Answer: Yes, you can transfer Bitcoin to anyone using mobile app or through online.
Other Information About Bitcoin
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