Take a slow, deep breath. Breathe in… Breathe out. Okay, now let’s talk about Bitcoin for a moment. Alright now, stay calm.
Maybe you’ve been curious about the emergence of cryptocurrencies and eager to get in on a piece of the action — but the whole concept of what Bitcoin actually is makes your head spin. Don’t worry. You’re not alone.
It as exciting as it is confusing; Bitcoin is the world’s first decentralized cryptocurrency, and is exchanged peer-to-peer without an intermediary (see: no banks). Coming into existence in 2009, Bitcoin has seen it’s ups and downs, but has steadily increased in value from it starting value at $0.08 to soaring well over $500 today. With over 1000 businesses accepting Bitcoin as of January 2015, it’s still as good a time as ever to hop on the Bitcoin train.
But the question then becomes, how exactly do you get started? Where can you go to get the straight facts on what Bitcoin is, how it works, where it came from and what the future holds for cryptocurrency?
That’s where Bit.Yoga comes in.