What is a Bitcoin Wallet? – Get Bitcoin Wallet

After my previous post, many of you might question where to get a Bitcoin wallet other than using the online wallets provided by exchange sites like Coinbase and Localbitcoins. Some of you might even wonder what exactly is a Bitcoin Wallet? Well, worry no more because in this post, I’ll breakdown the concept of Bitcoin wallets and the types of wallets there are out there.   What is a Bitcoin Wallet? A Bitcoin Wallet is basically a tool to store, use and transact your private key. A Private key in simple terms is like your Identification Card (IC). You’ll need this card to validate your identity. In the case of Bitcoin,… Read More

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Where Can I Buy Bitcoins? – Buy Bitcoins Online

  In my previous post, I discussed how to get started with Bitcoins and provided a simple step-by-step guide on how to buy Bitcoin with Coinbase. However, in this post, I’ll be discussing more in depth on Where can you buy bitcoins and the different merchants out there. I have sorted them out by countries and regions but you can only buy bitcoins online from them. Don’t be mistaken, I love Coinbase and have been using it since the start due to it’s low rates. It’s also more international than some of these brands I’m going to show. But I know some of you out there love having options so… Read More

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What is Bitcoin about and How to Start? – Beginners’ Guide

  So many have asked of the question “What is Bitcoin about” and usually follows up with their interest in getting started on this new exciting cryptocurrency world. So I made a recent post addressing the entire question of “What is Bitcoin about?” and explained in the simplest analogies on how to view the technology that Bitcoin holds, the founder and even dabbled on a bit on the process of Bitcoin mining (Which I will be covering in full later on). Hence, for this post, I’ll be addressing the second part of this question which would be “How to start?”.   1. Get a Bitcoin Wallet   NOTE : Now, before… Read More

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Bitcoin Network

What Is Bitcoin About? – People’s Money

By Davidstankiewicz   To put it generally, Bitcoin is People’s money hence Bitcoin is about giving people back the control over their wealth. So Why is it “People’s Money”. I’ll discuss this in the following passages. Bitcoin is known as a “digital currency”. What that means is that the bitcoin that you own or see others own does not have a physical form or is it pegged to any physical materials such as gold, silver, etc. Instead, the value of bitcoin is decided by the people. The more people that uses Bitcoin or owns it, the price rises. But currently, the price of Bitcoin is extraordinarily high due to the… Read More

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About Me

Welcome to Blockchainees where I write articles that simplify the ideas and concepts behind the trending Blockchain Technology so that anyone, (even your grandmother!) can understand what it is and how to get involved in it. However, please do note that Blockchainees will not offer any advice on investing or trading cryptocurrencies. It is created on the sole purpose to educate the public about Blockchain and its technology.   A LITTLE BACKGROUND INFORMATION Hi, my name is Dael. I’m a 20-year-old student and a tech entrepreneur. I co-founded two startups. One focusing on SDK (a template filled with codes) and another, a co-working space in Yangon, Burma. My interest in… Read More

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