This is the most awaited article for to you, Needless to say, that Internet has become a money making machine. In my opinion, more money is made via Internet than what people & companies are making physically. This is now trillion dollars industry. Thousands of companies are operating online, millions of people full-time working online and trillions of dollars are spent and earned through on the Internet. Addition to that, it’s growing very rapidly and dramatically. So why shouldn’t you be diving into this industry and start making money today? Well, it’s up to you. But today, I’m sharing with you ways through which you can Make money on the Internet with Bitcoin.
What is Bitcoin?
Bitcoin is a consensus network that enables a new payment system and completely digital money. It is the first decentralised peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry.
Bitcoin is a consensus network that enables a new payment system and completely digital money. It is the first decentralised peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry.
Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into a public ledger. This activity is called mining and miners are rewarded with transaction fees and newly created bitcoins. Besides being obtained by mining, bitcoins can be exchanged for other currencies, products, and services. Users can send and receive bitcoins for an optional transaction fee.
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Bitcoin as a form of payment for products and services has grown, and merchants have an incentive to accept it because fees are lower than the 2–3% typically imposed by credit card processors. Unlike credit cards, any fees are paid by the purchaser, not the Vendor.
The European banking Authority and others sources, I have warned that bitcoin users are not protected by refund rights or charge backs. Despite a large increase in the number of merchants accepting bitcoin, the crypto currency does not have much momentum in retail transactions.
The use of bitcoin by criminals has attracted the attention of financial regulators, legislative bodies, law enforcement, and media. Criminal activities are primarily centered around black markets and theft, though officials in countries such as the United States also recognize that bitcoin can provide legitimate financial services.
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The tutorial starts off with the basics of installing the computer software to make bitcoins work, you will have learned all the basics for starting your work with bitcoins. Whether you know what bitcoins are, or if you're just here to start making free money by doing almost nothing, you've come to the right place.
Read on to learn what bitcoins are, and how they can be used in a everyday computer-person life.
After reading many, many different articles all over the internet, I still didn't have a good idea of what bitcoins were, how they could be made, and if it was possible for the average person to use them. The first few things I read, they were made out to sound like you had to have a computer science degree to get them.
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However, after reading on about them, I learned that they are a type of currency that is 100% virtual. There is no government that regulates the currency, like almost every other single currency in the world. Instead, it is all virtual. The bitcoins that you own are stored on your computer. You can sell these bitcoins for real US or Canadian dollars.
>>>>Below is Link You Tube video explaining the whole concept of bitcoins.<<<<<
Bitcoins are a virtual currency. The currency is stored locally between peers. The currency 
(bitcoins) is transferred from computer to computer. Every transaction (transfer of bitcoins from one computer to another) is verified by "mining" for bitcoins.
You learn that bitcoins are stored directly on your computer. So, does that mean that by doing a bit of computer hacking you can give yourself thousands of dollars worth of bitcoins? The answer to this is NO! The system is worked out so well that hackers cannot do this. The reason is because for bitcoins to be transferred from computer to computer, the transaction has to be verified. This verification is done by "mining." Mining is a process where everyday people like you and I install some software onto their computer This software is very advanced and hard to understand, but basically it does some high-level computing (SHA256 decoding) to verify transfers of bitcoins.
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The next question that often comes up is: Why would anyone want to just give up their computer to help decode these encryption things? Well, the answer is that you get paid to do it. Well, you don't get paid, but you get free bitcoins for letting your computer work for you. This is almost the same as being paid, as you will learn in later steps. This is the ONLY way that new bitcoins are created. They can't just come from nowhere, making the system hacker-proof.Mining can be very simple, but it can also be very complicated. By following this Intractable, you will learn one of the easiest ways to mine bitcoins and gain money.For more information, check out the Wikipedia Article, as well as the Official Bitcoin Website.
