Bitcoin made its first appearance in 2009 and immediately begun a new disruptive revolution with an era of cryptocurrency. Today, there are more than 700 different digital currencies, but bitcoin still remains the leader in the industry. While tax authorities, enforcement agencies, and regulators in different countries are still trying to cope with this recent phenomenon, one question arises — is bitcoin legal? In this article we will try to answer this question.
Bitcoin is becoming increasingly “mainstream” by the day. It is a fact! It is the currency of the future and it can bring businesses a great positive outcome since it has an incredible potential to greatly reduce costs associated with transactions. Throughout this article we…
Bitcoin is an effective solution when it comes to sending or donating online. Donations can be seen by the general public, which helps find a better financial solution and greater transparency for non-profit organizations. Also in emergency situations, such as natural disasters, donations to Bitcoin arrive faster to those who need them, thus reducing international response time and being extremely effective as a smooth way to transfer values. Although there are still very few initiatives, we are already seeing the first crowdfunding projects related to Bitcoin appear more frequently.
Team PRIVAT.CASH wishes you a Happy New Year!
It has been an interesting and eventful year, both for our service and the cryptovoltaic market in general.
We are grateful to everyone and everyone who spent this year with us!
Congratulations on the coming year 2020!
Proof-of-Work prevents users from spending the same money twice, without needing a central authority to distinguish valid from invalid transactions. Bitcoin creates an incentive for miners, who run powerful computers in the network, to validate transactions and to secure them from future tampering. The miners are paid by “discovering” new coins, and anyone with computational resources can anonymously and democratically become a miner.
Distributed Ledger – Bitcoin puts a history of each and every transaction into every wallet. This “block chain” means that anyone can validate that a given transaction was performed.
It is easy to trade in cryptography, but it is difficult to master it, having the right tools and information, you can make it from the lost portfolio of the money producer. Never trade blindly, be informed and always have the right tools.
This page is designed to help novices in crypt currencies better understand the options and currencies they are currently trading. For beginners, we understand that there are too many simplistic explanations, but we all need to start somewhere, and at Privat.Cash we believe that the…
If you have ever Googled the word Bitcoin you have probably seen images like these: These are examples of what’s called paper wallets. A wallet in the crypto-currency sense is a combination of a public payment address and a private key. Wallets can be placed…
Unlike banks, bitcoins are not regulated. If the owner dies without passing on his password (called a private key), his Bitcoins expire with him. They will remain on the air, visible but not expendable. No one will help.