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Wel come to bitcoin shop

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Bitcoin can be used to buy things electronically. In that sense, it’s like conventional dollars, euros, or yen, which are also traded digitally.

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Wel come to bitcoin shop

  1. 1. Bitcoin is an online payment system invented by Satoshi Nakamoto.
  2. 2.  Bitcoin is an innovative payment network and a new kind of money. 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.
  3. 3.  What makes it different from normal currencies?  Bitcoin can be used to buy things electronically. In that sense, it’s like conventional dollars, euros, or yen, which are also traded digitally.
  4. 4.  However, bitcoin’s most important characteristic, and the thing that makes it different to conventional money, is that it is decentralized. No single institution controls the bitcoin network. This puts some people at ease, because it means that a large bank can’t control their money.
  5. 5.  UK online electronics store BitRoad accepts Bitcoin and Litecoin payments with plans to accept other altcoins soon.  BitRoad sells a range of electronic equipment ranging from smart phones to car systems, as well as security equipment and even baby monitors.
  6. 6.  BTC payments are processed via BitPay and LTC payments via a “custom Beta processor”. Hold on a minute… a custom Beta processor? Isn’t that what Mt.Gox were using? I began reading with more concern and found this curious get-out clause on the ‘Payments’ page: BitRoad do not offer refunds due to price “volatility” but, thankfully, they do offer “a voucher for the same amount you payed.”
  7. 7.  If You want to know more about bitcoin or bitcoin store then visit bitroad.co.uk website

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