Bitcoin automated kiosks allow customers to buy bitcoin easily, quickly and in various amounts. Transactions are completed in minutes.
What is bitcoin?
Bitcoin is digital money used for secure and instant transfer of value anywhere in the world. It is not controlled or issued by any bank or government – instead it is an open network which is managed by its users.
What can I do with bitcoin?
Bitcoin can be used for a huge variety of uses, practically anything cash or credit can be used for. It can be used for everything from gift cards to electronics to food.
What is a Bitcoin address?
A Bitcoin address is a unique identifier which allows you to receive Bitcoins. With PayPal you send funds to an email address, and similarly with Bitcoin you send funds to a Bitcoin address.
What is the Blockchain?
Every financial system you have ever used in the past, such as your local bank, Visa, Paypal, etc, has an accounting ledger that keeps track of how much money each user has in each account. Those traditional ledgers are under the complete control of each company, stored on one computer system, in one data center, with perhaps a couple of backups in other locations. The revolutionary invention with Bitcoin was the Bitcoin blockchain. The blockchain is a completely public ledger that keeps track of exactly what bitcoin address controls how many bitcoins. Instead of being on just one computer, the Bitcoin blockchain ledger is stored on everyone’s computer around the world who decides they want to run a copy of the Bitcoin Core software. Because the Bitcoin blockchain ledger is on tens-of-thousands of computers around the world, there is no place that anyone, including governments can go to, to freeze bitcoin accounts, or block bitcoin payments. It truly is the world’s first form of money that is truly controlled by the people, not by kings, governments, or central bankers.
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