What is Bitcoin? Is bitcoin Thailand future money? Official Bitcoin portal in Thailand

-

Hello , my fellow readers!


 Nowadays, so many of us wonder about cryptocurrencies. Somebody may know, but somebody may not. In this blog, I'm going to explain as much as I understood about Invincible currency. Yeah! I meant that Cryptocurrency.

 


What is Cryptocurrency? Is it going to be our future money?

Cryptocurrency is the same as our money, but we can't see it or feel it. What? I know how confused you are. Cryptocurrency is a digital currency like money in your bank, but it can be used online only. Transactions are made with no middlemen – meaning, no banks!

Cryptocurrency can be used to book hotels on Expedia, shop for furniture on Overstock, and buy Xbox games. But much of the hype is about getting rich by trading it.

I'm not sure how long it will take, but surely it will replace the paper money in the future.

There are so many cryptocurrencies available on the internet, but some of them were most popular, such as Bitcoin, Ethereum, Ripple, etc.

 

What is Bitcoin?

Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Bitcoin, often described as a cryptocurrency, a virtual currency or a digital currency - is a type of money that is completely virtual.

It's like an online version of cash. You can use it to buy products and services, but not many shops accept Bitcoin yet and some countries have banned it altogether.

However, some companies are beginning to buy into its growing influence.

Bitcoins can be used to buy merchandise anonymously. In addition, international payments are easy and cheap because bitcoins are not tied to any country or subject to regulation.

 Small businesses may like them because there are no credit card fees. Some people buy bitcoins as an investment, hoping that they'll go up in value.

In October last year, for example, the online payment service, PayPal, announced that it would be allowing its customers to buy and sell Bitcoin.

The physical Bitcoins you see in photos are a novelty. They would be worthless without the private codes printed inside them.

 

How does Bitcoin work?

Each Bitcoin is basically a computer file that is stored in a 'digital wallet' app on a smartphone or computer.

 

People can send Bitcoins (or part of one) to your digital wallet, and you can send Bitcoins to other people.

Every single transaction is recorded in a public list called the blockchain.

This makes it possible to trace the history of Bitcoins to stop people from spending coins they do not own, making copies, or undoing transactions.

However, bitcoin has come to the public in Thailand from the BITKUB organization, which a 30-year old guy founded. His company was famous because of its easy interface and its open credibility.

 


 How to buy/invest in bitcoin will be in Part-2


Location: 28 Ronnachaicharnyut Soi 23, Tambon Nuea Mueang, Amphoe Mueang Roi Et, Chang Wat Roi Et 45000, Thailand

Comments

Post a Comment

Popular posts from this blog

Shiva Temple in Khon kaen(Isaan Area)

-
Image
Hello everyone,  How you all doing my fellow folks,  Last weekends, we ( me and my mate) went to hindu temple near to the Khon kaen. I astonished by the sculptures and the architectural work. It brought me the memories of the temple in India.   It was so pleasant time for us to do the meditations. It's constructed before six years by the Thai person. When i asked monk in there, about that why he's so interested to devote himself for Hindu religious. His answer was quite mesmerised me, he said that religious is a matter of think but devotion or devoted wer matter of perspective. He continues that he got his inner peace while he devoted to Hindi gods.  Even though I'm from the Hindu based family, I always had a perspective about all religions and their Gods. For me the Gods is far beyond power, we used to get the power by using the tools such as religious or religion. I would like to share you all about how that place was , when you enter the dome of temple you can clearly se
Read more

Thailand is at 58th place.???? Who is NO:1? Which is the World Happiest country?

-
Image
Every day, we try to find three things: 1. Money, 2. Delicious Meal, and 3. Happiness. I have recently passed on the survey, which measures the happiness of NOT a person, NOT a community, or NOT a province, and the happiness of the countries; yes, they measure the happiness of all countries.  Gallup, Inc.  is an American  multinational  analytics and advisory company based in  Washington, D.C. Founded by  George Gallup  in 1935, the company became known for its public  opinion polls  conducted worldwide. Gallup provides analytics and management consulting to organizations globally.   In addition, the company offers educational consulting, the  Clifton Strengths  Assessment and associated products, and business and management books published by its Gallup Press unit.  To determine the world’s happiest country, researchers analyze comprehensive Gallup polling data from   149 countries   over the past three years. They specifically monitor performance in six particular categories: Gross D
Read more

Cultivating Mental Well-Being: 8 Strategies for a Happier, Healthier Mind

-
Image
Mental health is akin to a secret garden within us—a lush, vibrant landscape where our thoughts, emotions, and well-being intertwine. It serves as the compass guiding our journey through life, influencing how we perceive the world, handle stress, and connect with others. In this narrative exploration, we’ll meander through the winding paths of mental well-being, discovering eight strategies to transform your inner garden into a sanctuary of resilience, joy, and clarity. Get Restful Sleep : Imagine sleep as the gentle rain that nourishes your mental garden. It’s not merely about recharging your physical batteries; it’s also essential for your mind. During deep slumber, your brain tidies up, processes memories, and recalibrates emotions. Prioritize sleep by creating a soothing bedtime ritual—dim the lights, sip chamomile tea, and let your thoughts drift like paper boats on a tranquil pond. Practice Gratitude : Gratitude acts as the sunlight that warmly bathes your garden. Each day, pause
Read more