Is there a bitcoin for Dummies guide?

If you want a simple and easy-to-follow bitcoin for dummies explanation, how you can get bitcoins and how it bitcoins can help you, without floundering into technical details, this bitcoin for dummies guide is for you. 10 years ago if someone told you about digital money, you would look at them so confused.

How does bitcoin work?

So for the benefit of the uninitiated, we’ve put together a summary of how it all works that’s so simple, even your granny will get it. This is our guide to Bitcoin for dummies. Bitcoin is a peer-to-peer digital currency, where transactions are recorded on a distributed ledger.

How to get bitcoin?

You can get Bitcoin by accepting it as a payment for goods and services. There are also several ways you can buy Bitcoin. There are a growing number of services and merchants accepting Bitcoin all over the world. Use Bitcoin to pay them and rate your experience to help them gain more visibility.

What are bitcoin miners?

Miners basically are the people involved in the processing and verifying transactions before then recording the transactions on the Bitcoin blockchain. Miners will then receive transaction fees in...