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In this article I will shortly write about bitcoin – this new and exciting currency and will show you the way to earn bitcoins for free.
Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet.
Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence.
Bitcoin is the first implementation of a concept called “cryptocurrency”, which was first described in 1998 by Wei Dai on the cypherpunks mailing list, suggesting the idea of a new form of money that uses cryptography to control its creation and transactions, rather than a central authority. The first Bitcoin specification and proof of concept was published in 2009 in a cryptography mailing list by Satoshi Nakamoto. Satoshi left the project in late 2010 without revealing much about himself. The community has since grown exponentially with many developers working on Bitcoin.
What are the advantages of Bitcoin?
Payment freedom – It is possible to send and receive bitcoins anywhere in the world at any time. No bank holidays. No borders. No bureaucracy. Bitcoin allows its users to be in full control of their money.
Choose your own fees – There is no fee to receive bitcoins, and many wallets let you control how large a fee to pay when spending. Higher fees can encourage faster confirmation of your transactions. Fees are unrelated to the amount transferred, so it’s possible to send 100,000 bitcoins for the same fee it costs to send 1 bitcoin. Additionally, merchant processors exist to assist merchants in processing transactions, converting bitcoins to fiat currency and depositing funds directly into merchants’ bank accounts daily. As these services are based on Bitcoin, they can be offered for much lower fees than with PayPal or credit card networks.
Security and control – Bitcoin users are in full control of their transactions; it is impossible for merchants to force unwanted or unnoticed charges as can happen with other payment methods. Bitcoin payments can be made without personal information tied to the transaction. This offers strong protection against identity theft. Bitcoin users can also protect their money with backup and encryption.
Transparent and neutral – All information concerning the Bitcoin money supply itself is readily available on the block chain for anybody to verify and use in real-time. No individual or organization can control or manipulate the Bitcoin protocol because it is cryptographically secure. This allows the core of Bitcoin to be trusted for being completely neutral, transparent and predictable.
You can find all the information about how to get started with bitcoin on https://bitcoin.org
How you can earn with bitcoin?
First you can invest money in bitcoin – the price is going up all the time. But there is a risk in any investment.
Second way is to do bitcoin mining, but this is not for everyone. Or to invest in company who is doing mining, but if you are going to do this, you have to have some better knowledge. Because as everywhere in internet there are a lot of scams and fake sites.
And the third way is by joining sites, where you could earn from 100 up to 5000 satoshi per visit. The satoshi is currently the smallest unit of the bitcoin currency recorded on the block chain. It is a one hundred millionth of a single bitcoin (0.00000001 BTC). Not much, but you could make around 100 000 satoshi per day and much more, depending of time spend on sites. This sites make very good profits from Adsense ads and some other commercial ads and they grow more and more every day. Now there are more than 500 sites where you could earn free satoshi.
How this sites works?
Some of them require sign up with email and password, in other you just could use you bitcoin wallet address.That’s why you must have some basic knowledge and to choose your wallet first. When you choose your wallet you could start earning.
Here are some of the best sites:
Тakefreebitcoin.com On this site you earn from 100 up to 300 satoshi every five minutes. There are also loyality bonuses.
Сlaimbtc.com Here you could claim 573 satoshi every 20 minutes and many bonuses.
Freebitco.in Here you make 500 + satoshi every hour.
Donaldcoin.com On this site you can claim 240 Satoshi/Hour. Bonus poins and much more.
Bitcoinour.com Here you could earn 2000 satoshi every 2 hours.
It is imposible to write down all the sites, but here I want to show you this one Earn from 500+ faucets in one site This site make things easy – all the best faucets on one site – you could open all in one window. Also most of the satoshi you earn going in one account in FaucetBOX.com and at the end of each day are automaticaly transfered to your adress.