Bitcoin is the most profitable money in the world.

Bitcoin value grew around 125% during 2016, which turn this crypto coin into the best performance currency in the whole world.

The political uncertainty and, in particular, the arrival of Donald Trump to the presidency of the United States, has caused that the confidence of the markets in the main currencies has succumbed to the attraction of a decentralized crypto coin like the bitcoin.

Not surprisingly, bitcoin has reached its maximum value for the last three years, surpassing the $ 1,000 change during the first day of the year.

What is a Bitcoin?

Bitcoin is a consensual network that allows a new payment system and a completely digital currency. It is the first network among decentralized payment pairs driven by its users without a central authority or intermediaries. From a user’s point of view, Bitcoin is like money for the Internet. Bitcoin may be the only existing triple accounting system.

Who controls Bitcoin?

Bitcoins cannot be controlled by anyone. It is the same situation occurred on email accounts. They do not have owners. Bitcoins are controlled specifically by its users around the world. Despite the fact that programmers enhance, and modify the software, the bitcoin protocol cannot be modified by any circumstance, because they have the right to use the software and the version they want to use. In order to stay compatible, all users must use a software that complies with the minimal rules. Bitcoin works perfectly only when an agreement is set among its users. Hence, all bitcoin miners, along with the programmers have an excellent profit to protect the agreement.

How does it work?

From the user ‘s perspective, Bitcoin is just a mobile or desktop application that provides a personal Bitcoin purse and allows the user to send and receive bitcoins with it. This is how Bitcoin works for most users. Bitcoin network shares public accounting called “block chain”. This accounting contains every processed transaction, allowing to verify the validity of each transaction.

The authenticity for each transaction is protected by digital signatures corresponding to the shipping addresses, allowing all users to have full control when sending Bitcoins from their Bitcoin addresses.

Do people really use Bitcoins?

Yes. There is a growing number of businesses and individual using Bitcoin. This includes traditional businesses such as, restaurants, houses, law firms and popular Internet services like Name cheap, WordPress, Reddit and Flattr.

How difficult is paying using Bitcoins?

Payments by using Bitcoins are easier to make than purchases made with credit or debit cards, and can be received without needing a bank account. Payments are made from the wallet application, either with your computer or smartphone, entering the address of the recipient, the amount to pay and pressing send.

So, do not underestimate the chance to become a trader of this great business opportunity to make your life much easier, and make good money by mining with Bitcoins.