Bitcoin Made Easy
kayodex2@yahoo.com Original post from Seun-bitcoin.blogspot.ae A friend asked me a question last night when I told him I was a Bitcoin consultant. His question rephrased and expanded was “I have credit cards, debit cards, cash, PayPal, and a bank account, why do I need Bitcoin? I gave him two advantages of Bitcoin over other conventional forms of payment, but as I drove home, I felt I didn’t provide him with enough reasons to embrace the use of Bitcoin and made a mental note to send him some articles on Bitcoin sometime later. While reading a blog on Bitcoin later that night, I observed from the comments on the blog that many people were asking similar questions as my friend, they didn’t quite understand the concept of Bitcoin and were looking for someone to explain Bitcoin to them in plain language or to explain it with examples they could relate to. So, I decided to write about Bitcoin, focusing on the benefits and risks of Bitcoin in comparison to other forms of ...