Buying and selling on the Internet these days it has grown so rapidly. Not only in the transaction process increasingly diverse, now also has emerged a new virtual currency called BitCoin. Maybe some of you there who do not know even the first hearing his name.
But since introduced in 2009, the unique currency is in fact starting to be used by most players in the eCommerce world. More details following a review about whether and how the role of BitCoin as a means of online transactions.
But since introduced in 2009, the unique currency is in fact starting to be used by most players in the eCommerce world. More details following a review about whether and how the role of BitCoin as a means of online transactions.
Definition and History of BitCoin
What is BitCoin ???
BitCoin is a virtual currency that can be used for online transactions. When asked how this form of currency, which is obviously not shaped like a physical currency issued by a bank nor a currency of a country. The shape of this unique currency is just a file like ordinary common files.
The file is an encryption of a unique code that makes it not the same with one another. And as an mp3 file or a word that you have on your computer device, BitCoin files can also be stored in a computer or a flash drive or a software called BitCoin Digital Wallet. Besides BitCoin can also be stored in the storage services on the Internet in the form of BitCoin social withdrawal cloud.
According to some sources, the history of the birth BitCoin began in 2007 A computer expert system tries to develop a new model of virtual currency which is not at all bound by the parties or any authority. The man named Satoshi Nakamoto. The man from Japan is claimed to develop BitCoin for 2 years and started to take it off in the internet world in 2009 and eventually spread to the present.
However, there are some experts who claim that the inventor is a fictitious name and no real person with that name. There are some experts who claim that the BitCoin currency is something that is made by a person or group of people who really want to create a new perception in the world of online transactions. And of course the ultimate goal to take advantage.
However, back again in spite of his many stories circulating in fact now there are people who transact using BitCoin and it seems it is more intense even touching the virtual community in Indonesia. You can find some information on Kaskus because not a few who have been there BitCoin peddle copies.
The file is an encryption of a unique code that makes it not the same with one another. And as an mp3 file or a word that you have on your computer device, BitCoin files can also be stored in a computer or a flash drive or a software called BitCoin Digital Wallet. Besides BitCoin can also be stored in the storage services on the Internet in the form of BitCoin social withdrawal cloud.
According to some sources, the history of the birth BitCoin began in 2007 A computer expert system tries to develop a new model of virtual currency which is not at all bound by the parties or any authority. The man named Satoshi Nakamoto. The man from Japan is claimed to develop BitCoin for 2 years and started to take it off in the internet world in 2009 and eventually spread to the present.
However, there are some experts who claim that the inventor is a fictitious name and no real person with that name. There are some experts who claim that the BitCoin currency is something that is made by a person or group of people who really want to create a new perception in the world of online transactions. And of course the ultimate goal to take advantage.
However, back again in spite of his many stories circulating in fact now there are people who transact using BitCoin and it seems it is more intense even touching the virtual community in Indonesia. You can find some information on Kaskus because not a few who have been there BitCoin peddle copies.
Spreading BitCoin
When asked how the values and the spread of BitCoin currency. Regarding the current distribution BitCoin has spread almost all over the world. However there are some countries that have explicitly rejected the use BitCoin currency as a means of online transactions. Country-these countries include China and Singapore, the country has refused to use BitCoin as a legitimate selling tool because it is not safe. Besides BitCoin also feared would adversely affect the stability of online transactions in the country.
Regarding the value of BitCoin, if on-the-exchange rate with the United States dolas value, others argue that the current value of 1 BitCoin or 1B (symbol BitCoin) valued at $ 195 dollars. However, the value will continue to change according to the presence of the amount of current BitCoin. Until now there are 21 million estimated to have increased 25 BitCoin BitCoin permenitnya worldwide.
Regarding the value of BitCoin, if on-the-exchange rate with the United States dolas value, others argue that the current value of 1 BitCoin or 1B (symbol BitCoin) valued at $ 195 dollars. However, the value will continue to change according to the presence of the amount of current BitCoin. Until now there are 21 million estimated to have increased 25 BitCoin BitCoin permenitnya worldwide.
Advantages and Disadvantages BitCoin
The advantages of BitCoin as a means of payment is that it is simple and concise. BitCoin is a means of transactions per person and only the person who holds that could use it. Also in use it is, we do not need to include personal information such as bank currency transactions or other online accounts. This of course gives the information security of the owner.
The loss of use of BitCoin is because its shape is just a file, allowing BitCoin becomes damaged / lost / deleted if something happens to the device where we store the BitCoin. And the biggest weakness is that BitCoin is a tool that is present transaction because there is a will and trust of the penggunaya. This allows a current can BitCoin really worth because it is no one wants to use the currency.
Here's a video in English that describes briefly what and how does it work BitCoin.
BitCoin currency is the result of the development of e-commerce technology growing too massive. And for those of you who do an okay ecommerce players to follow and understand more about the developments there, but the important thing is still maintaining the security of your transactions. Let's wait how the development of unique virtual currency this one.
