Day. 1
Chapter 1
<p dir="auto">Hello all
<p dir="auto">As promised ,
<p dir="auto">From today ,I will deliver lectures free of cost onto Bitcoin so that you will start earning from home by using computer.<br />
<img src="https://images.hive.blog/768x0/https://steemitimages.com/DQmPegQ13FPYrtmSs9pr2t5XKz6Y6TDXh7MrDX4qLgYCV8o/logo.jpg" alt="logo.jpg" srcset="https://images.hive.blog/768x0/https://steemitimages.com/DQmPegQ13FPYrtmSs9pr2t5XKz6Y6TDXh7MrDX4qLgYCV8o/logo.jpg 1x, https://images.hive.blog/1536x0/https://steemitimages.com/DQmPegQ13FPYrtmSs9pr2t5XKz6Y6TDXh7MrDX4qLgYCV8o/logo.jpg 2x" />
<p dir="auto">My first post will be onto Bitcoin.
<p dir="auto">Everyday a single lecture will be delivered from my book
<p dir="auto">So Donna miss these lectures.
<p dir="auto">BITCOIN
<p dir="auto">THE FUTURE CURRENCY.
<p dir="auto">WELCOMES
<p dir="auto">YOU
<p dir="auto">THE BITCOINS
<p dir="auto">MININGTRADING GUIDE.
<p dir="auto">By Ashfaq Bhat
<pre><code> Lecture 1
<p dir="auto">What is Bitcoin?
<p dir="auto">First and foremost, Bitcoin is a currency like any other currency. It is a medium of
<p dir="auto">exchange, just like the dollar, euro, or yen, and it has value because a lot of people believe it does. It has units analogous to dollars and cents (bitcoins and Satoshis, respectively, the latter named after Bitcoin’s creator).
<p dir="auto">A Bitcoin
<p dir="auto">is a unit of measure in an online currency exchange system. Unlike government
<p dir="auto">backed fiat, such as the USD, there is no government or central owner of the BTC
<p dir="auto">(Bitcoin ). A Bitcoin is traded within a peer to peer network which uses
<p dir="auto">cryptographic processes to build trust around each transaction, thus building
<p dir="auto">proof of ownership for your BTC.
<p dir="auto">Users can transfer bitcoins over the network to do just about anything that
<p dir="auto">can be done with conventional currencies, including buy and sell goods,
<p dir="auto">send money to people or organizations, or extend credit. Bitcoins can be
<p dir="auto">purchased, sold, and exchanged for other currencies at specialized currency
<p dir="auto">exchanges. Bitcoin in a sense is the perfect form of money for the Internet
<p dir="auto">because it is fast, secure, and borderless.
<p dir="auto">So what makes Bitcoin different than
<p dir="auto">other currencies?
<p dir="auto">First, it is a digital currency.There is no Bitcoin mint.
<p dir="auto">Bitcoins exist only online.Think of PayPal, or an online
<p dir="auto">bank transfer, and how you can send dollars back and
<p dir="auto">forth over the Internet. It’s kind of like that, except with
<p dir="auto">bitcoins instead of dollars,and without any central
<p dir="auto">authority. That’s right—there Is no central authority
<p dir="auto">governing Bitcoin. There is no bank , and no government institution. Instead, there is a
<p dir="auto">peer-to-peer network that tracks everyone’s balances,
<p dir="auto">stores transaction histories, and regulates the creation of
<p dir="auto">new bitcoins. All of this happens securely and nearly
<p dir="auto">instantaneously. Transaction fees are extremely low, there
<p dir="auto">are no deposit or withdrawal limits, and you can access
<p dir="auto">your funds from any country to any time using nearly any
<p dir="auto">computer or smartphone. Oh, and it’s all open source. In an
<p dir="auto">age of increased government surveillance and shenanigans on Wall Street, it is no
<p dir="auto">surprise that Bitcoin is rapidly growing in popularity. And I do mean rapidly—the
<p dir="auto">price of one Bitcoin shot up from less
<p dir="auto">than $ 0.50 to more than $ 1,000 in the last quarter of 2013 alone. And in 2016
<p dir="auto">the bitcoin price was less than $ 300 but at the time of writing the price touches
<p dir="auto">once again $1100 in january 2017 but don’t worry—you don’t have to buy one
<p dir="auto">Bitcoin at a time. You can buy a few
<p dir="auto">Satoshis worth less than single Dollar.
<pre><code> Friends share this onto your walls ,and let others know.
<p dir="auto">Donna miss these lectures.
<p dir="auto">Everyday a single lecture will posted.<br />
If you want buy this book<br />
Visit my website<br /><br />
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