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In case you haven't heard about Bitcoin and digital currency yet, then it's time to wake up - you aren't dreaming. After only a few short years , Bitcoin has garnered a market value in the billions and is gaining in populartity in every corner of the world. Many ask why and for what reason does this ‘currency' merit the spotlight? How is it different from any fiat currency we use currently? And the question on everyone's mind is, ”Here today, gone tomorrow?” Some myths and fallacies that we address in this article in an effort to give you a little more insight into Bitcoin and digital currencies, why they exist and where they are going. First question is, what is Bitcoin? It is a peer to peer store of value that can be held and is designed to be used for electronic exchange in trade for goods and services. More specifically, it is a hash code using the strongest encryption available where the record is kept transparently, securely and anonymously with redundancy throughout the Internet. The ‘blockchain' is the source of bitcoin and the store of transactions that occur in the Bitcoin world. This constant string of values is hashed or mined to match independent transactions and when new Bitcoin are found, they belong to the miner that found them. Private and public pools collectively mine for Bitcoin and other digital currencies and even though there are individual miners, these pools make up the majority of the petaflops currently being hashed which is devouring the network in search of (string values to match. So, you don't know anything about mining, you are not technical, you know nothing about ‘blockchains' or ‘hashing' or you have no clue where to start to collect Bitcoin. Perhaps you do understand Bitcoin, digital currencies and how it works but still need assistance with start to finish creation of a Bitcoin generating product or service. There are multiple resources where you can find information on how to start generating Bitcoin. One of the best that we found is http://www.bitboxy.com, but do your homework as there are a lot of sites being developed devoted to Bitcoin and digital currency. Here is a short video from bitboxy explaining the basics of Bitcoin http://youtu.be/M5LFmjJgpts. Make sure you research and understand where you should start. If you are already conducting business in Bitcoin, there are plenty of ways to improve and become more efficient. The best website to find information and services for Bitcoin. Business and Bitcoin - It's a Natural. When you need to find information or services to earn Bitcoin, find them at Bitboxy.com. Bitcoin plus Business equals Bitboxy.
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