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Why Bitcoins?

Why Bitcoins?

Payment freedom – It is possible to send and receive any amount of money, small or big instantly anywhere in the world at any time. No bank holidays. No borders. No imposed limits. The network allows its users to be in full control of their money. Very low fees – Payments are currently processed with either no fees or extremely small fees. Users may include fees with transactions to receive priority processing, which results in faster confirmation of transactions by…

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Bitcoins and Satoshi

Bitcoins and Satoshi

Bitcoin or in short form BTC is a decentralized digital currency that enables instant payments to anyone, anywhere in the world, without any fees. Bitcoin uses peer-to-peer technology to operate without any central authority or bank. The transaction management and money issuance are carried out collectively by the network. A satoshi (sat) is a small fraction of a Bitcoin (Btc). The unit has been named “satoshi” in collective homage to the founder of Bitcoin, Satoshi Nakamoto. Satoshi are to Bitcoin…

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What is a Bitcoin Faucet?

What is a Bitcoin Faucet?

  A btc faucet is a website where users can claim a small amount of free coins. These websites usually get funded by donations or different advertisements. The amount of free bitcoins, or satoshi (smallest fraction of a bitcoin BTC 0.00000001) you can get, varies from site to site. They also use different timers to claim. There are websites with 1 minute up to 24 hours timers. An other great thing on faucets is, that you can invite your friends…

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