What is BItCoin ?

BitCoin is the new currency to be used in the online world. [ Think of chips in a casino ] is a currency abbreviations BTC. But this is a special chip . Everyone can find chips come into their own by digging Block ( like gold ), and Block mined and exchanged for chips called BitCoin ( At present, 1 Block to the value at 50 BTC and 1. BTC is worth about 10 U.S. dollars) . Anyone can dig Block by loading programs onto their own computer and then let it continue digging for Block properties , the following restrictions .

   BitCoin can buy goods and services using the Internet as a currency .
    The BitCoin system with very high security . This builds trust in a financial transaction .
    We can exchange real money for a change of BitCoin or real money via BitCoin to the trader , and many other such MtGox you.
    We can transfer BitCoin to each other without going through an intermediary. There is hardly any fee .
    Because there is no middleman We can transfer large amount of BitCoin times without being checked or impound any doubts anyone. This can cause issues , which is vulnerable to BitCoin facilitates the use of the arms trade, the drug or money laundering.
    Since no organization of any monetary value of BitCoin is a swing in a wide range , which is 1 BTC statistics are the maximum and the minimum is U.S. $ 30 to U.S. $ 1 , and is currently at about 10 dollars.