What is Bitcoin
Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! There are no transaction fees and no need to give your real name. More merchants are beginning to accept them: You can buy webhosting services, pizza or even manicures.
Bitcoins can be used to buy merchandise anonymously. In addition, international payments are easy and cheap because bitcoins are not tied to any country or subject to regulation. Small businesses may like them because there are no credit card fees. Some people just buy bitcoins as an investment, hoping that they’ll go up in value.
How to acquire Bitcoin?
You can check at our guides to get FREE bitcoin!
You can buy it. Several marketplaces called “bitcoin exchanges” allow people to buy or sell bitcoins using different currencies.
Or you can “mine” bitcoin: people compete to “mine” bitcoins using computers to solve complex math puzzles. This is how bitcoins are created.
How to create a bitcoin wallet?
I suggest to register a new wallet there: https://blockchain.info/en/wallet/#/signup – you just need an email address and a password!