Bitcoin For Beginners – guide to getting started with bitcoin

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