What is Bitcoin?

bitcoin“Bitcoin is a peer-to-peer payment system and digital currency introduced as open source software in 2009 by pseudonymous developer Satoshi Nakamoto. It is a cryptocurrency, so-called because it uses cryptography to control the creation and transfer of money” – Wikipedia

“Bitcoin is reaching a turning point as it is slowly being accepted by more and more people. It will be a long road to general acceptance, though since it is a technological advancement, it may be accepted more quickly than a non-digital alternative.” – Bitsie.com

Bitcoin is a digital currency that is bought, created, and used online. I am a strong believer in the future of Bitcoin, which is why I accept it as a form of payment for my photography services.