Everything Crypto: 5 facts about Bitcoin that every beginner needs to know [ChangeNOW’s Blog]

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5 facts about Bitcoin that every beginner needs to know [ChangeNOW’s Blog]

Bitcoin is a fascinating topic of discussion. We live during the era when the whole concept of money is changing, and it is quite natural for us to want to know more about the new notions. Bitcoin and other cryptocurrencies have become an integral part of Internet commerce. Judging by the general situation, cryptocurrency is not going to be forgotten in the near future. Depending on who you ask, you will hear two opposite opinions on crypto — strictly negative or strictly positive…

  1. Bitcoin was first proposed in a 2008 study by Satoshi Nakamoto. However, no one has yet been able to trace and fully confirm the identity of Nakamoto. As Bitcoin’s popularity grows, its mysterious creator has become something of a legend in the Internet world. Theories range from “this is a pseudonym of Nick Sabo or Hal Finney” to that it is “an abbreviation for Japanese corporations controlled by Samsung, Toshiba, Nakamichi, and Motorola.”. One time Newsweek ran into a man named Dorian Prentice Satoshi Nakamoto and thought they finally solved the case. However, the taken Nakamoto denied his involvement in Bitcoin. A few days later the usually silent Nakamoto P2P Foundation issued a statement saying: “I am not Dorian Nakamoto”. The hunt continues.

There is no need to be a developer to buy Bitcoin. All you need to have to start investing is your credit card, a bank account and electronic currency convenient to you. Bitcoin replaced gold which had always been bought in the time of economic instability. If the economy was starting to collapse the people were buying gold.

There are lots of already functioning platforms that allow you to store Bitcoins and trade them.

Selling ​​or buying Bitcoins today is easier than stocks. All you need to do is to get used to a chosen platform and start investing in Bitcoin. If you are confused by the dollar as a global reserve currency, bet on Bitcoin.

By the way, did you know that you can get Bitcoin on ChangeNOW at amazing rates? Well, now you do! Swing by and don’t be a stranger to a service where you can swap and buy more than 150 cryptos, easy as cake.

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ChangeNOW is an instant cryptocurrency exchange service for limitless crypto conversions. We support over 200 coins and are account-free! https://changenow.io/

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