Know About Bitcoin PowerPoint PPT Presentation

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Title: Know About Bitcoin


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WEL-COME To Bitcoin Shop
  • Bitcoin is an online payment system invented by
    Satoshi Nakamoto.

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  • Bitcoin is an innovative payment network and a
    new kind of money. Bitcoin uses peer-to-peer
    technology to operate with no central authority
    or banks managing transactions and the issuing
    of bitcoins is carried out collectively by the
    network.

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  • What makes it different from normal currencies?
  • Bitcoin can be used to buy things electronically.
    In that sense, its like conventional dollars,
    euros, or yen, which are also traded digitally.

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  • However, bitcoins most important characteristic,
    and the thing that makes it different to
    conventional money, is that it is decentralized.
    No single institution controls the bitcoin
    network. This puts some people at ease, because
    it means that a large bank cant control their
    money.

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  • UK online electronics store BitRoad accepts
    Bitcoin and Litecoin payments with plans to
    accept other altcoins soon.
  • BitRoad sells a range of electronic equipment
    ranging from smart phones to car systems, as well
    as security equipment and even baby monitors.

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  • BTC payments are processed via BitPay and LTC
    payments via a custom Beta processor. Hold on a
    minute a custom Beta processor? Isnt that what
    Mt.Gox were using? I began reading with more
    concern and found this curious get-out clause on
    the Payments page BitRoad do not offer refunds
    due to price volatility but, thankfully, they
    do offer a voucher for the same amount you
    payed.

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  • If You want to know more about bitcoin or bitcoin
    store then visit bitroad.co.uk website
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