I was talking to a tech friend of mine about where to buy first bitcoin. He didn’t want to do face to face. The chances of getting robbed these days was just not worth the risk. So I told him to try COINBASE. He called me back last night with great news that it worked out for him. His experience with COINBASE was a good one. Now he can give his wife her first bitcoin for christmas.

Bitcoin is a software-based online payment system described by Satoshi Nakamoto in 2008 and introduced as open-source software in 2009. A peer-to-peer client records transactions in a shared, public ledger denominated in its own unit of account, which is also called bitcoin. Because it lacks a central repository or single administrator, the US Treasury has called bitcoin a decentralized virtual currency. Media reports often refer to bitcoin as a cryptocurrency or digital currency.

Related External Links

This entry was posted in Misc and tagged , , , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>