Buying bitcoins may not seem to be the most attractive investment since it is not backed by anything ( like generic currencies ) nor is it intrinsically valuable.In the same time nowadays US dollar also has no real value and it makes things simple and complicated in the same time.What is important for you to understand when you start thinking about buying bitcoin, is the fact that intrinsic value is the tricky thing in general.From Dutch tulips in the seventeenth century to stocks nowadays – all these instruments never had any real value however were part of global economic processes.However, the bitcoin unlike any other man-made monetary system is regulated by a universal constant, a time itself.So, this universal rule ensures that we are able to plot the supply schedule of bitcoin.Since it is predictable and impossible to cheat via various manipulations common for the modern monetary systems.However, there are some questions – USD is backed by the power of US as the state ( including military might ).

And what is backing bitcoin?But here is the point.When, you are buying bitcoin, you relying on a complicated network.What makes that network work is a regulatory algorithm.The alog determines that new blocks of bitcoin will be mined approx.This sort of approach ensures that nothing can alter the predetermined issuance rate, nor the block size halving rate, of bitcoin.In other words, every 10 minutes more bitcoin goes in use at a disinflationary rate.We may consider it a mathematical guarantee and this is what back the bitcoin system and its amazing intrinsic value.You also should take in mind Milton Friedman, an American economist, statistician and writer who made a strong argument which you may want to keep in mind when buying bitcoin.Referred to as Friedman's k-percent rule, it stems from his idea of replacing central banking institutions with a computer capable of mechanically managing the supply of money.By the k-percent rule, money supply would be calculated by generic macroeconomic and financial factors, targeting a specific level of inflation.

As the resume to all said above it is obvious - no money system we already have seen claims it is chronologically regulated.The bitcoin digital economy is backed by universal construct of time!Telebit, a new service that enables Telegram users to send bitcoins between phones, is now available to the 50 million users of the popular instant messaging system.Announced in early February on social media, Telebit operates as a third party that allows Telegram users to hold and transfer small amounts of bitcoins to their contacts without needing to bother with registration, or Bitcoin addresses."Telebit is one of a number of recent attempts to merge the popularity of Telegram with a Bitcoin wallet," reads an announcement on BitcoinTalk dated February 19."GetGems and SendChat have both taken a different approach of forking the Telegram client and making their own app meaning their user base is limited to how many people download their app."Unlike its competitors, Telebit "leverages the Telegram messenger app itself which is well known, tested and available on pretty much every device," and is using the popularity of the application to reach a 50-million people user base.

The Telebit wallet is controlled by messaging commands to user @Telebit (+1 760-486-2777).The list of commands currently available includes: To transfer bitcoins to a Telegram contact, the user simply needs to share the contact that the user wishes to transfer coins to with Telebit, and then enter the amount the user would like to transfer.bitcoin risk factors for insuranceSecurity wise, funds are held in a wallet managed by Telebit, and it is recommended that Telebit should be used only to send small amounts of bitcoins.bitcoin getting segwitThe application has been active for 3 weeks now and the development team is already looking for ideas for version 2.bitcoin segwit releaseSuggestions include multisig features, QR codes, display of balances in fiat currencies, as well as aliases for common recipients.bitcoin gratis yang banyak

Telebit was created by Eric Goforth and Jonathan Harrison.Goforth, who is currently filling the position of lead developer, previously worked at Cexstar.io, and is an IT specialist with over 20 years of experience in the industry.Harrison is a Bitcoin entrepreneur, former director of Satoshipoint.co.uk.Created by the founders of VK, the brothers Nikolai and Pavel Durov, Telegram is a cross-platform IM system that focuses on speed and security.bitcoin legal implicationsAs of December 2014, Telegram claims it was generating over 1 billion messages everyday and attracting 1 million new users every week.achat vente bitcoinDid you enjoy this article?bitcoin haramYou may also be interested in reading these ones:bitcoin rothschild

.The stolen database contains full names, email addresses and plain-text passwords, and in many cases locations and phone numbers.The St. Petersburg, Russia-headquartered social network -- formerly known as VKontakte -- is said to be the largest in Europe, with over 350 million users at the last count.The hack is thought to have been carried out in late-2012 or early 2013, but the hacker who is selling the data could not be more precise.Given the timing, the entire store of VK's data -- which at the time had just under 190 million users -- is likely to have been taken in the hack.The hacker is now selling a smaller portion of the database -- 100 million accounts, which is a little over 17 gigabytes in size -- on a dark web marketplace for 1 bitcoin, or about $580 at the time of writing.kurs bitcoin liveThat same for-sale database was provided ZDNet for verification.We examined the database that was provided by searching a selection of names in VK's public search engine -- many of which turned up valid results.

We reached out to many of these via email (which were listed in the breach) for confirmation, but didn't immediately hear back -- we will update the story if that changes., a search engine that records breaches and allows users to search their details, also obtained a portion of the database -- albeit a smaller data set of about 100 million records.Given the social network's predominance in Russia, the most common password was "123456," in line with other breaches. , group in 2014.That led to the ousting of the company's founder, Pavel Durov, who later fled Russia amid a shake-up of the country's media laws. said in an email on Monday that it "hasn't been hacked.""Weare talking about old logins / passwords that had been collected by fraudsters in 2011-2012.All users' data mentioned in this database was changed compulsorily," said a spokesperson."Please remember that installing unreliable software on your devices may cause your data loss.For security reasons, we recommend enabling 2-step verification in profile settings and using a strong password."An