Thinking of Investing? Think the Bitcoin Way
What is Bitcoin? If you're here, you've heard of Bitcoin. It has been one of the biggest frequent news headlines over the last year or so - as a get rich quick scheme, the end of finance, the birth of truly international currency, as the end of the world, or as a technology that has improved the world. But what is Bitcoin? In short, you could say Bitcoin is the first decentralised system of money used for online transactions, but it will probably be useful to dig a bit deeper. We all know, in general, what 'money' is and what it is used for. The most significant issue that witnessed in money use before Bitcoin relates to it being centralised and controlled by a single entity - the centralised banking system. Bitcoin was invented in 2008/2009 by an unknown creator who goes by the pseudonym 'Satoshi Nakamoto' to bring decentralisation to money on a global scale. The idea is that the currency can be traded across international lines with no difficulty or fees, th