How Bitcoin Works

Bitcoins are a form of currency which is decentralized.Decentralized form implies that this currency is not regulated by any government or any financial institution.This form of currency is very different from traditional form where you require lot of paper work in orer to open an account . Only what all you need is to establish a bitcoin wallet,that will be used by you to access your bitcoins and to transfer bitcoins to other people. . Basics To Setup An Account To establish a bitcoin wallet you can use bitcoin broker such as Coinbase.A certified broker will help you in opening…

Alderney Wants to Make Physical Bitcoins with UK Royal Mint

Coin Desk – A tiny island in the English Channel, Alderney, wants to mint physical bitcoins as part of a larger campaign to become one of the world’s first financial services centers devoted to digital currency. The Financial Times reported that Alderney, just three miles long with a population of 1,900, wants to become known as an international center for bitcoin transactions. Intended to be fully compliant with anti money-laundering and other financial regulations, it would offer merchant payment services, exchanges, and a bitcoin storage vault of some kind. The physical bitcoins, like other such tokens, would be collectors’ items…