Your mobile is your wallet Your leather wallet never charged you fees, and neither should your Bitcoin wallet.EI8HT® makes transacting easy, whether you’re sending or receiving, and the control always remains in your hands – you can recover or reinstall your wallet at any time, even with other software!All you need is your 12 word mnemonic.You no longer need a bank to hold your money!Bitcoin is open-source digital value, by the people, for the people.Bitcoin is an open payment network that operates independent of companies, countries and governments - a digital currency that can be purchased with any national currency and traded with anyone else who has a bitcoin wallet - software that anyone can download in seconds.It is to money as email was to the postal service.Say hello to faster, more efficient and less expensive financial management.Better still, it puts you back in control of your money and cuts out the double handling.How does it actually work?With intuitive functions and beautiful design, EI8HT allows you to receive, store and tender Bitcoins from your mobile.

By accessing your balance on the blockchain (a public register every transaction within the Bitcoin network) you’re able to make and receive secure payments.Discover just how simple we make managing your money by creating your wallet right now.How safe is it really?We don’t hold any of your Bitcoins, so even if our platform is targeted, your funds are completely safe.The only way to access your account is through your own unique secure recovery mechanism – a mnemonic passphrase that we recommend you save in a safe place.Talk tech to me In case you’re looking for some juicy tech to sink your teeth into, EI8HT 1Uses optimized data-driven APIs to reduce excess data usage and never compromising on your privacy 2Ensures all user metadata and private keys are stored solely and securely on the users device 3Uses the BIP32 standard to deterministically generate addresses, avoiding address re-use and adhering to best practice 4Uses the BIP39 standard for the generation of the mnemonic passphrase, providing the ability to recover your wallet using other compatibile software 5Limits pin requests as an additional security measure against device compromise 6Developed by lead developers in the open-source Bitcoin community Download EI8HT now Available on the App Store and Google Play.

As the world’s first cryptocurrency, bitcoin is making waves in the Australian digital payments industry.If it’s not already on your radar, then frankly it should be.But first up, what is cryptocurrency?Well, it’s a digital currency whereby encryption techniques are employed to regulate the production of currency (without being overlooked by a central authority).bitcoin mining memeCreated in 2009, and known as “the currency of the internet”, bitcoin is a peer-to-peer currency that allows users to transfer funds digitally.bitcoin fedora rpmWith a decentralised encrypted platform, it offers a cost-effective - and secure - solution for users who want to transfer funds.bitcoin trader panamaWith low transfer fees, fast transaction processing, an easily-checked currency trail and protection against identity theft, bitcoin could offer plenty of value to businesses.ethereum 86

In May 2012, a single bitcoin was valued at about USD$5.Five years later, that same coin would be worth nearly USD$2,000.Yes, you read right!This surge in value reflects how strongly bitcoin is disrupting the financial services market.Given the key benefits available to businesses, savvy marketers should understand how bitcoin works and how they can implement it into their marketing strategy.bitcoin core githubBitcoins are stored in a user’s digital wallet.bitcoin exchange netellerThe currency uses a public ledger known as the ‘blockchain’, which stores transaction history and verifies new transactions.Transactions made using bitcoin are secure because of the blockchain's ability to record every transaction that takes place and accurately connect it to its source.As with any currency, the value of bitcoins is determined by available supply and demand, and can also be influenced by external events such as business activities or government policy.

Generating entirely new bitcoin requires complex transactional processes, but that isn't necessary to use bitcoin for transactions, as you can purchase existing bitcoin at the prevailing exchange rate.How bitcoin can be applied to marketing At the most basic level, accepting bitcoins for payment highlights that your company is forward-thinking by embracing emerging technologies.Another key area where marketers can draw inspiration from bitcoin is in the blockchain technology that is used to power it.Blockchain can be used to formalise digital negotiations between businesses by placing them on the public ledger.It can also be useful for tracking user data and insights.With increasing concerns about privacy, blockchain gives marketers a way to use anonymised data sets for marketing activity while reducing the risks of exploitation.Using bitcoin improves your data security.You won’t be storing personal payment information, and that can speak volumes for your brand by positioning.It will also mean your company is at less risk of data theft.

Ultimately, that improved perception could drive a better conversion rate.Bitcoin opens your business to a new audience.As a brand, it creates a perception that you’re innovative and edgy.There is potential PR equity from accepting bitcoins as well.For example, you could distribute a press release or work with media to gain coverage around the fact that you are now accepting bitcoins, ensuring that you’re part of the conversation within the digital currency movement.Similarly, marketers can include bitcoin within their advertising and brand to create intrigue and curiosity.To further engage that audience, consider paying users in bitcoin to visit particular sites or pages.You can also potentially earn bitcoins by monetising online content.How to integrate bitcoin into your strategy If you want to incorporate bitcoin into your business, and if you want to appeal to a younger demographic or early adopters, you need to know how to purchase the currency.Firstly, you can accept bitcoins as a form of payment.

Any business can accept bitcoins as payment; all you need to do is have a bitcoin digital wallet.You can also create a “pay with bitcoin” button at the checkout.How do I source bitcoins?If you’re taking a business proposition to your boss, you’ll need to know where you can source bitcoins locally.Bitcoin has affiliate programs through which users can buy, trade, earn, and spend bitcoins.Some of these affiliate programs include Forex, bitcoin exchanges, mining, domain hosting, and more.Other ways you can purchase bitcoin include visiting a bitcoin exchange; exchanging bitcoin with someone else online; and earning bitcoins via mining.You can learn more about how to buy bitcoins to decide whether this is right for your business.What do I need to tell the tax man?If you use bitcoin as a currency for your business, you’ll need to declare this to the Australian Taxation Office (ATO).However, the good news is that the 2017 Budget supports a suggestion from the Productivity Commission that digital currencies should be treated as a financial supply for GST purposes, and thus only taxed once.