Bitcoin is the simplest way to send money, make purchases and save for the future.

Bitcoin uses peer-to-peer technology to operate with no central authority; managing transactions and the issuing of Bitcoins is carried out collectively by the network.

Bitcoin is open-source; its design is public; nobody owns or controls Bitcoin. Everyone can take part.

Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.


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 Mobile payments made easy

Bitcoin on mobiles allows you to pay with a simple two step scan-and-pay.

No need to sign up, swipe your card, type a PIN, or sign anything.

All you need to receive Bitcoin payments is to display the QR code in your Bitcoin wallet app and let your friend scan your mobile, or touch the two phones together (using NFC radio technology).


 Investing in Bitcoin

The price of Bitcoin can fluctuate, rising or falling suddenly, just like the price of gold.

In contrast to other financial instruments, however, Bitcoins are anonymous and easy to transport and store.

And you won’t be subject to arbitrary decisions made by banks, politicians or lobbyists.

Bitcoin does carry risks, just like any other investment; so you shouldn’t invest in Bitcoin if you can’t afford a loss in case the exchange rate fluctuates.


 Security and control over your money

Bitcoin transactions are secured by military grade cryptography.

Nobody can charge you money or make a payment on your behalf.

So long as you take the required steps to protect your wallet, Bitcoin can give you control over your money and a strong level of protection against many types of fraud.


 Protect your identity

With Bitcoin, there is no credit card number that some malicious actor can collect in order to impersonate you.

In fact, it is even possible to send a payment without revealing your identity, almost like with physical money.

You should however take note that some effort can be required to protect your privacy.

Parts of this text were excerpted from “bitcoin.org”.