Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Thursday 4 June 2015

Benefits of Using Bitcoins as a New Form of Payment in Nigeria

If you live in Nigeria, you may have heard about Bitcoins. But what are they exactly? In order to fully understand why it is better to use Bitcoins, you need to know what they are in the first place.
Bitcoin is a kind of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. In short, Bitcoins is a digital version of money or e-payment.