Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
What is Bitcoin? Bitcoin is a new Virtual Currency (Crypto-Currency) with a huge price appreciation in the latest months.
Because this new way of making and receiving payments online is becoming more and more popular there are many ways to earn Bitcoins.
There are many online shops accepting Bitcoins and you will also find various offline businesses accepting Bitcoins. Fore example restaurants or pubs.
The Bitcoin price still remains highly volatile due to its lack of regulation.