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Here is the opportunity to earn Bitcoins and get return on your bitcoins Holdings.

What is Bitcoin?

Bitcoin is an innovative payment system that is completely digital and offers clean transactions for its users without the hassle of middlemen. The system is decentralized and supports direct transactions between the users. It is one of the first forms of cryptocurrencies and has a very large market base all around the world. Bitcoins can also be used as exchange for many other products, services and currencies.

How is the Bitcoin Network regulated ?

Bitcoin network is unique in a way that nobody owns it. The users of this network have control over it. No Developer can modify the protocol as the users have the choice of using different software and versions. The usage and protection of this network works well when all the users consent to the protocols applied.

Why do people trust Bitcoin?

Much of the trust in Bitcoin comes from the fact that it requires no trust at all because Bitcoin is fully open-source and decentralized. This means that anyone has access to the entire source code at any time. Any developer in the world can therefore verify exactly how Bitcoin works.

All transactions and Bitcoins issued into existence can be transparently consulted in real-time by anyone. All payments can be made without reliance on a third party and the whole system is protected by heavily peer-reviewed cryptographic algorithms like those used for online banking. No organization or individual can control Bitcoin, and the network remains secure even if not all of its users can be trusted.

How does Bitcoin work for the users ?

Like any other program on a computer or an app on the mobile, Bitcoin acts like a personal wallet. As a user, you can send and receive bitcoins.

Why do Bitcoins have value?

Bitcoins have value because they are useful as a form of money. Bitcoin has the characteristics of money (durability, portability, fungibility, scarcity, divisibility, and recognizability) based on the properties of mathematics rather than relying on physical properties (like gold and silver) or trust in central authorities (like fiat currencies).

In short, Bitcoin is backed by mathematics. With these attributes, all that is required for a form of money to hold value is trust and adoption. In the case of Bitcoin, this can be measured by its growing base of users, merchants, and startups. As with all currency, Bitcoin's value comes only and directly from people willing to accept them as payment.

What determines Bitcoin’s price?

The price of a Bitcoin is determined by supply and demand. When demand for Bitcoins increases, the price increases, and when demand falls, the price falls. There is only a limited number of Bitcoins in circulation and new Bitcoins are created at a predictable and decreasing rate, which means that demand must follow this level of inflation to keep the price stable. Because Bitcoin is still a relatively small market compared to what it could be, it doesn't take significant amounts of money to move the market price up or down, and thus the price of a Bitcoin is still very volatile.

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