Ok, you’re interested in Bitcoin, maybe you’ve decided an amount you want to buy, maybe not. In this post I’m going to go through how to do it, step-by-step.
One of the most common questions I hear from people is “How much should I buy?”. Once you have been convinced that Bitcoin is something that you want to own, where do you start?
One of the things I find most difficult to explain to people who are new to Bitcoin, and other Cryptocurrencies, is Why Bitcoin is different than the rest.
In our last article Where is Bitcoin? we discussed what it means to own Bitcoin, and where it actually is. In that article we found out what you actually own is a Private Key that gives you the ability to send Bitcoin.
Bitcoin is often described as digital gold or digital cash, both of these things you can hold in your hands. But, Bitcoin is not something you can see or hold, so where is it?
When someone first begins their journey of trying to understand Bitcoin mining and how it works they will quickly come across the concept of hashing.
We have just published our first Bitcoin Buddy book. It’s called 21 Questions about Bitcoin and it’s available on Kindle and in paperback on Amazon.
