Thursday, April 16, 2015

Bitcoin, How & Where Do We Use It?

 


Of course, first we do need to sign up at the website which works with Bitcoin:
You can link your Bitcoin-wallet with your bank account.


Few warnings:
1.       Make sure you do now lose your private key to access your Bitcoin; if you lose it, you will never be able access your Bitcoin again.
2.       Do not tell your private key to anyone
3.       Wait at least 10 to 20 minutes for the confirmation of your transactions. If your transaction worth more than an 10,000 dollars, you should wait at least an hour.

References:
Here is the website which has the extensive list of shops which accept Bitcoin as a currency: here

1 comment:

  1. Great use of hyperlinks to bring your reader into the world of Bit Coin. The only suggestion I have is to offer a brief lead-in that would explain why the reader should take a look at bitcoin.org or coinbase.com. It would also benefit your reader to present a brief summary of merchants who accept Bit Coin. Doing so would explicitly educate your reader who may then gain interests to explore the link you have provided. Once again, fantastic integration of graphics and hyperlinks!

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