Bitcoin. The very mention of this word sends palpable excitement down the body of a technology enthusiast. If you don't know what bitcoin is and are neither a technology enthusiast, this article is exactly for you.
Consider currency. What is the true global currency that people can spend on anywhere they go in this planet to buy goods or services? The answer is NONE. There is no true global currency, rather every country's government is running their legacies by printing currencies in their age-old format and sending out to the country men and trying to keep balance as their currency load, debt load and lending load increases. This all means that there is no single way this is going down, all these are going up every day.
With that background, let's talk a little about bitcoin or btc. With the advent of technology and more specifically the Internet, exchange of information is happening even before you can hear the snap of finger in your after you snap them. Someone came with a genius idea to create cryptocurrencies by using everyday's computer based data that is unique across the globe and make it a currency that can be traded for goods or services. This cryto-data-currency is what we call bitcoin!
Ever since this was introduced, it's potential traded value with today's government run currencies went up and up. When more enthusiasts started mining bitcoins with their everyday computers and the Internet, the bitcoin value became higher and higher. For instance, we can see current bitcoin price in in Euros here. When you see the bitcoin price live in numbers, you'll appreciate what we mean.
With each day, the potential for bitcoin's spread across the world is increasing and its value is showing exponential growth, this makes us say that the right time to make the plunge to invest and reap benefits with bitcoin is now and ever. Look at bitcoin value and conversion details in bitcoin sites such as 1-btc-to-inr.com and decide for yourselves.