Bitcoin, a new kind of money
Bitcoin is a cryptocurrency, a form of electronic cash that uses peer-to-peer technology to operate with no central authority or banks. The issuing of bitcoins is carried out collectively by the network and no one controls or owns bitcoin but everybody can take part. All you need to do to start sending and receiving Bitcoins are an internet connection, a PC or a phone. Just like there is no way to make a quick buck that does not include some risk, there's no magical way to earn Bitcoin. You will need money and time to make money.
The main advantage of transacting in Bitcoin is the low cost, due to the lack of intermediary charging transaction fees, it allows international payments to go through without the worry of currency conversions. Through many of its unique properties, Bitcoin also allows exciting uses that could not be covered by any previous payment system. An additional benefit is anonymity, as it is not required to disclose personally identifiable information in a Bitcoin transaction. Since there is no way to identify, track or intercept bitcoin transactions, one of the major advantages of bitcoin usage is that taxes are not added onto any purchases. Nowadays, Bitcoin is widely accepted as a payment method, you can buy things with bitcoin, and with bitcoin debit cards you can use it to buy things anywhere that takes Visa/Mastercard. Bitcoin will be for a long time the kingpin of the emergent blockchain industry and everyone needs a little bit of exposure to that.