FAQ
A entirely digital currency and a new payment mechanism are made possible by the consensus network known as Bitcoin. It is the first decentralized peer-to-peer payment network, meaning that users rather than a central organization or middleman power it. From the standpoint of the user, Bitcoin functions much like online currency. The most well-known triple entry accounting method in use today is bitcoin.
refers to a form of digital currency that uses cryptography to ensure the security of transactions. The underlying technology, known as blockchain, serves as a "ledger" or record of all transactions.
There are hundreds of different currencies in use, including Bitcoin, Ether, Monero, and others. Each is created by one or more clever individuals, and is typically intended to function as a decentralized system that is impossible to control by a single person.
Cryptocurrency units are often created by "miners" using powerful computers on the basis of an algorithm that has been made public in advance. These miners can either keep the units for themselves or sell them to others after investing a lot of time and electricity in "mining."
There are hundreds of different currencies in use, including Bitcoin, Ether, Monero, and others. Each is created by one or more clever individuals, and is typically intended to function as a decentralized system that is impossible to control by a single person.
Cryptocurrency units are often created by "miners" using powerful computers on the basis of an algorithm that has been made public in advance. These miners can either keep the units for themselves or sell them to others after investing a lot of time and electricity in "mining."
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.
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.
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All plans are valid and you can Invest in any of your choice just note that each plan has its own ROI percentage and duration.