Good afternoon friend Labtroum Here are the latest news about Bitcoin, Crypto and Blockchain. WHAT IS BITCOIN ??
We are a group of children of the nation who follow the development of Bitcoin, Crypto and Blockchain in Indonesia.
WHAT IS BITCOIN ?
is a digital asset developed in 2009 by someone under the pseudonym Satoshi Nakamoto. This digital asset is like gold, but is only available in the digital world. The concept might sound like eGold, even though it’s actually a lot different.
Why do people start to buy and use bitcoin?
Bitcoin is developed with the idealism that digital assets are either not controlled by the government or the central bank. The financial crisis some time ago confirmed that the government was always negligent in maintaining economic stability. The government is believed to be always controlled by corrupt people and only works for personal gain, so that financial decisions always side with mere conglomerates.
Bitcoin also has two very interesting features, namely its anonymous nature and very low transaction costs (almost 0). You can make transactions without giving an identity at all, this can keep your privacy to the highest level.
Is Bitcoin Safe?
You might think that an open source bitcoin system allows a genius computer to break into the bitcoin system and publish a number of bitcoins for itself. In fact, this system has been reviewed by various groups as flawless. Every past transaction data is stored in all peers throughout the network, and must be sequential. Each new transaction will be verified by a number of new peers declared valid.
Bitcoin system is safe, unsecured users and money exchangers. Just like internet banking passwords, hackers can easily steal some money from you if the computer has a virus.
How to get Bitcoin?
You can get bitcoin by buying and mining. To buy bitcoin can be done on exchangers such as indodax.com (indonesia), mtgox (US & Japan), and btcchina.com (China).
Will buying Bitcoin be profitable?
This question is like what stock questions to buy tomorrow. No one can be sure. But if I look at the development of media that covers the cause of enthusiasm for bitcoin everywhere it will create very high demand. I believe prices will continue to soar many times, I myself start investing some money into bitcoin. But of course I am not responsible for any losses that would be experienced by the reader. The capitalization value of bitcoin is now around 1.3 billion USD or around 13 trillion IDR 11 billion USD or 130 trillion IDR (updated December 14, 2013), even though this is still the beginning of many people who do not know Bitcoin.
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