The CryptoDad walks you through the basic steps of setting up a Coinbase account. It is the easiest way to purchase Bitcoin, Ether, or Litecoin. If you would like to explore the Coinbase website, you can go here:
https://www.coinbase.com/dashboardDonate Bitcoin:
1JBxwXG8P6PYKKsrHKzQduM8s8RoV3dnjr
What is Bitcoin?
Bitcoin is a new technology that functions as a digital currency. It is a peer-based, decentralized way to hold, store, send, and receive value. It does this by maintaining a cryptographic “ledger” called the Blockchain. All of the bitcoins in existence are created and stored on the Blockchain.
Bitcoin with a capital “B” refers to the technology itself. Bitcoin spelled with a little “b” refers to the tokens that hold the value and can be exchanged with others.
Multiple copies of the Blockchain exist on thousands if not millions of computers worldwide. Each copy of the Blockchain “verifies” itself by connecting to the Internet and making sure it has the most up-to-date list of transactions. The Blockchain maintains its integrity by using strong, modern, encryption techniques. This makes it impossible for anyone to alter the ledger, create fake transaction or “double-spend” their bitcoins.
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https://www.youtube.com/watch?v=odV2XE0B6fo