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“Bitcoin is just another currency.”

Conrad Barski & Chris Wilmer wrote a book entitled "Bitcoin for the befuddled" where they describe bitcoin as: “Bitcoin is just another currency. The term Bitcoin refers to the entire currency system, whereas bitcoins are the basic units of the currency. As with dollars, euros, yen, and gold coins, you can save bitcoins, spend them on goods and services, and exchange them for other currencies. However, Bitcoin is the world’s 1st currency that is both digital and decentralised.” 

Where does Bitcoin Come from?

  • You can Purchase Bitcoin at an exchange or a 'Peer to Peer" Platform for a premium inflated price.
  • You Can Earn Bitcoin by selling a product or service.
  • You can Create or Mine Bitcoin ... and this is what we do.

Where do bitcoins come from?

"With paper money, a government decides when to print and distribute money. Bitcoin doesn't have a central government. With Bitcoin, miners use special software to solve math problems and are issued a certain number of bitcoins in exchange. This provides a smart way to issue the currency and also creates an incentive for more people to mine. Bitcoin miners help keep the Bitcoin network secure by approving transactions. Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe and secure."

Quoted from: bitcoinmining.com

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