By now you have heard of the infamous BitCoin and the role it has played in developing the world of online encrypted digital payments. So what are Crypto Currencies? Per Google’s definition, a Crypto Currency is: “a 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”.”decentralized cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation”.
The uses for BitCoin are vast. Into travel? Haul out your mobile phone and dial up a payment to vendors such as Expedia, Surf Air, and others. Ready for “out of this world” travel opportunities? Virgin Galatic has you covered, they will gladly take payment via encrypted currencies such as BitCoin.
Purchase an app for your cell phone from Microsoft, donate to forward-thinking charities such as BitHope and BitGive. Interested in learning more about BitCoin Cryptocurrencies? Click the image below to view the full BitCoin infographic and 62 insane facts about the 10-year history of BitCoin. Thanks to Bitcoinplay.net for providing the great infographic. Have fun and we will see you on the web.