What Are Bitcoins?

Some Interesting Facts…
  • Bitcoin is a digital currency
  • Because it is digital, you can literally backup your money, so, when properly cared for, it can’t be:
    • Lost
    • Stolen
    • Frozen or seized
  • Allows a direct and immediate transfer of value between two people anywhere in the world.
  • No banks, governments, or organizations control or influence it.
  • Cannot be counterfeited, inflated, printed, or devalued over time.
  • A peer-to-peer network functions as a distributed authority to record transactions.
  • Bitcoin operates on free, open-source software on any computer or smart phone.
  • There are no start-up, transaction, or usage fees.
  • Purchases can be completely anonymous.
  • Transactions cannot be reversed.
  • Privacy is enhanced with Bitcoin and it reduces identity theft.
  • Bitcoins can be exchanged in open markets for any other currency.

Click to learn more…