The truth about Bitcoin is about to be revealed. It was all over the news and it has been for the last couple of months, but now we finally know what it is and more importantly how it works. Will it be as big as the dot com bubble or will it flop like the dot com bubble?
These days cyber criminals are banking on the fact that many of us are investing our money in paper money. You may have heard about hackers who hack into computers and steal all your money. You can lose all of your money just by buying a pizza and using it as a credit card.
Business transactions are handled online with online banking and secure credit cards. This is making it easy for criminals to use fake information to get you to pay with your personal information. Many hackers get access to your account and they can access your personal financial information as well as your passwords. Once they have this information they can then transfer the funds out of your account.
There is a growing need for technology, so we can communicate faster and cheaper so the news is getting worse. It is going to be bad when the news agencies pull the news from the internet. The news is where it’s at right now so if it gets pulled it is not good for the people. They will be reading things that are false and will have no way to know that the information they are reading is true or false.
One of the most secure applications for downloading Bitcoin software is called BitCoinD. It is a free application which is available at the website. It has never been hacked in the history of its existence, so there is no reason to worry about it.
This application works very well because BitCoinD is a self hosted application which means that it is hosted on their server. If the BitCoinD account gets hacked then they have the resources to get it back up and running as fast as possible. They are constantly on the job and do what is required to keep their customers protected.
You have to remember that no matter how good something is, if the service is not available they will not be around forever. BitCoinD is going to be around for a while and for as long as they are providing good security and software for this application then they are going to be around. It is a business after all, so they will have to keep the business going in order to keep their customers happy. At the end of the day if it is good then they will do what is necessary to keep it running.
There are many ways to invest in Bitcoin and one of them is by investing in a BitCoinD application. It has never been hacked and they keep updating their applications as soon as they hear about a hack so the truth about Bitcoin is about to be revealed.