Skip to main content

Posts

Showing posts from April, 2018

What’s Bitcoin?

By now you have heard about it.  So what’s Bitcoin.  Many people don’t understand it and that’s a shame because there is a lot of money to be made right now and in the future.  What’s Bitcoin, it’s digital currency.  Bitcoin is actually the coin of coins.  It’s the coin from which all other coins have been born.  The technical term is cryptocurrency for the digital money that the phrase “coin” represents.    
     It is the money of the future and if you don’t think so, well there is the USDT and the EuroT. It matches the money almost 1:1 ratio.  At the time of this writing Tether or the T part is currently doing better than the dollar.  Cryptocurrency is basically the same as money, but it’s digital money instead.  There is a limited amount made so it holds its value.  It’s peer to peer transactions deleting the middleman taking away the expense of most of the fees and the time frame to send money.   Money cannot be spent twice.  For example, I could have $100.00 in the bank. I…