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An Economic Revolution
Bitcoin is the gold standard of digital currency. The availability of bitcoins can not be manipulated by governments or financial institutions and bitcoin transactions occur directly between two parties without a middleman.Try using bitcoins the next time you need to send or receive a payment over the Internet. First, download the Bitcoin software. Once Bitcoin is running, click 'Generate Coins' which will pay you bitcoins in exchange for your computer working to validate bitcoin transactions. Check the exchange rate to calculate how many bitcoins need to be sent. The payer can purchase additional bitcoins if needed. The payer's previously generated bitcoins allow for a lower out of pocket payment. The payer then sends the bitcoins to the receiver using the Bitcoin software. The receiver can then sell their bitcoins for dollars. The receiver's previously generated bitcoins allow a higher dollar payout.
NewLibertyStandard |
Latest page update: made by NewLibertyStandard
, Feb 6 2010, 5:50 AM EST
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