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Is Earn Bitcoin IO Legit?

Bitcoin is a digital or virtual currency that uses peer-to-peer technology to facilitate instant payments. Bitcoin is decentralized, meaning it is not subject to government or financial institution control.

The network that Bitcoin uses to verify and record transactions is known as a blockchain.

Bitcoin was created in 2009 by an anonymous creator (or creators) going by the name Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.

Bitcoin is unique in that there are a finite number of them: 21 million.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.

As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

Bitcoin can be used to buy things electronically. In that sense, it’s like conventional dollars, euros, or yen, which are also traded digitally. However, bitcoin’s most important characteristic is that it is decentralized.

NOTE: Warning: Before investing in Earn Bitcoin IO, please conduct your own research and be sure to exercise caution when investing. As with any investment, there is always a risk of loss, and Earn Bitcoin IO may not be legitimate. Be aware that scams exist in the cryptocurrency space and always do your due diligence before investing.

No single institution controls the bitcoin network. This puts some people at ease, because it means that a large bank can’t control their money.

A software developer called Satoshi Nakamoto proposed bitcoin, which was an electronic payment system based on mathematical proof. The idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees.

Nakamoto released the software that enables the use of bitcoin in 2009. The first units of the digital currency were created in 2010.

Nakamoto disappeared shortly thereafter, leaving behind a mystery surrounding his true identity.

Bitcoins are bought and sold on exchanges, and individuals also hold them as investments. Some people view bitcoin as an alternative to national currencies like the dollar or euro; others see it as more akin to gold or other commodities like oil .

Demand for bitcoins has grown steadily since its inception; prices fluctuated from around $1USD in early 2011 to just under $1300USD at the end of 2013 before dropping back down below $700USD in early 2015.

So is Earn Bitcoin IO Legit? In our opinion, Yes!.

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