Author Archive | Larry X


How Do You Get Your Bitcoin Wallet?

The Bitcoin Wallet is actually a file needed to send and receive bitcoins. We can say that this file “contains” our bitcoins, although in reality it contains cryptographic keys (unique, secret, private keys) that make us owners of our bitcoins, and allow us to authorize payments (transfer the possession of our coins). Getting one or […]

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How Can You Obtain Bitcoins?

Once you have your Bitcoin Wallet, there are several ways in which you can get a hold of bitcoins. Obtain bitcoins for “free” Bitcoin Faucet: it’s a service created by Gavin Andresen, one of the lead programmers of the Bitcoin Project, in order to promote and widespread the currency’s adoption giving some for free. It […]

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Why is Bitcoin Superior To Other Currencies?

The quick answer: Because no one – no committee of “experts” – controls its destiny, and because the rules set by the protocol devised by Satoshi Nakamoto are not imposed; each user chooses to accept them. But what does this mean, in practice, for the user? Let’s review the advantages of Bitcoin … Increased privacy […]

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