Guide to getting started with Bitcoin
- Bitcoin, the decentralized network, allows users to transact directly, peer to peer, without a middle man to manage the exchange of funds.
- The digital asset, bitcoin, is used like other assets in exchange for goods and services. Unlike traditional currencies and assets, bitcoin is easily portable, divisible, and irreversible.
Bitcoin increases system efficiency and enables the provision of financial services at a drastically lower cost, giving users more power and freedom.
WHY SHOULD I USE IT?
- Bitcoin was named the top performing currency four of the last five years.
As a global currency you can send bitcoin to anyone, anywhere in the world without worrying about cross border remittance fees.
Keeping your bitcoin safe in a non-custodial wallet (like Blockchain’s) means there is no entity that can lock you out of your funds.
It’s globally inclusive — bitcoin is enabling millions across the globe to transact, save, and hedge their way to a better financial future.
Source – blockchain.info