Assets, Bitcoin

What Is the Easiest Way to Get Bitcoin?

Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. 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.

NOTE: WARNING: Purchasing Bitcoin through the easiest way may not always be the safest way. While there are many services that provide an easy way to purchase Bitcoin, it is important to do your research and make sure you are using a reputable service. Additionally, remember to never give out your personal information or wallet address to anyone you do not trust.

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.

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