Monday, April 28, 2014

Bitcoins, have you heard of them?

Bitcoins are currency....unregulated currency. A lot of people have a lot of different opinions about the volatile nature of unregulated currency. Don't let that scare you, bitcoins are just like any other traded stock except they are packets of information that represents an amount of money. Certainly don't worry about how secure the transaction is between you and another user. Millions of computer all across the world work very hard to keep that data as difficult as possible to breach. 
This is in essence bitcoin mining. Using computers to help solve algorithms that make transactions possible mean your transaction will be prompt and secure. Unfortunately this day and age no just anyone can break even need a pretty healthy rig to get your investment back...and the algorithms are only getting more difficult.....but do not fear, all hope is not lost....just get creative and find a way!

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