5 Insider Bitcoin Secrets | The Ugly Truth - Ep. 26

Bitcoin seems to be the latest buzz word at the moment. Everyone from your hair dresser to your chiropractor seems to be getting in on this “bitcoin trend”. So what’s all the fuss about and how does it even work? Technology is constantly evolving, Bitcoin is a cryptocurrency and worldwide payment system.[6]:3 It is the first decentralized digital currency, as the system works without a central bank or single administrator.[6]:1[7] The network is peer-to-peer and transactions take place between users directly, without an intermediary. This is how the smart investor separates himself from the pack. While others let one opinion piece dictate an entire portfolio, you are the investor hearing all voices before making any decisions. On this episode we explore Bitcoin as a cryptocurrency helping you to make sense and understand of everything cryptocurrency-related. George and Christina discuss Bitcoin and how to get started in the world of crypto currency.