Sunday, February 16, 2014

[News Boquete] BCP Tuesday Talks


Come Learn with Us at BCP

BCP Tuesday Talks
Feb. 18, 10:30 AM

Everything You Need to Know About BITCOIN

Jim Phillips - Founder
Panama Bitcoins, S.A.
jim@panamabitcoins.com
http://panamabitcoins.com

Email let us send letters for free, anywhere in the world. Skype lets us make phone and video calls for free, anywhere in the world. Now there's Bitcoin. Bitcoin lets you send money to anyone online, anywhere in the world for less than a cent per transaction! Bitcoin is a community run system not controlled by any bank or government. There's no Wall Street banker getting rich by standing between you and the people you want to send and receive money from.

There are now millions of individuals and businesses using Bitcoin to buy and sell products and services around the world every day, but it takes local communities to really drive its usefulness. Panama Bitcoins has been working since 2012 to spread the word, and bring Bitcoin to this country. With its unique international population, we believe Boquete could be a great market, and we're thrilled to have the opportunity to speak to the Boquete Community and help get the Bitcoin flowing with our services for businesses and individuals

Bitcoin is a peer-to-peer payment system and digital currency. It is a cryptocurrency, so-called because it uses cryptography to control the creation and transfer of money. Conventionally, "Bitcoin" capitalized refers to the technology and network whereas lowercase "bitcoins" refers to the currency itself.

Bitcoins are created by a process called mining, in which participants verify and record payments in exchange for transaction fees and newly minted bitcoins. Users send and receive bitcoins using wallet software on a personal computer, mobile device, or a web application. Bitcoins can be obtained by mining or in exchange for products, services, or other currencies.


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