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Wednesday, March 23, 2011

Virtual Currency Or Virtual Money And Bitcoins

Virtual currency or Virtual Money is used to purchase virtual goods within a online communities in the Internet. This include social networking websites, virtual worlds and online gaming sites.

You can start having and using Virtual Currency Or Virtual Money with Bitcoin. Bitcoins are a new kind of money. Bitcoin is a digital currency using peer-to-peer (P2P) so no central authority to issue new money or keep track of transactions. These tasks arem managed collectively by nodes of Bitcoin in the Internet with avantages :-

  • Bitcoins can be sent easily through the Internet, without having to trust middlemen.
  • Transactions are designed to be computationally prohibitive to reverse.
  • Be safe from instability caused by fractional reserve banking and central banks. The limited inflation of the Bitcoin system’s money supply is distributed evenly (by CPU power) throughout the network, not monopolized by banks.


Users hold the crypto keys to their own money and transact directly with each other, with the help of a P2P network to check for double-spending. You need to download Bitcoins software to start using this virtual money.


HOWTO can be refer here


You need to run your Bitcoins software and get startup virtual money here by request it with your Bitcoin Address.


More information about Bitcoin can be refer here



Send me your money my Bitcoin Address

1AbgSpQwKDMX7MnMmAUz1DcpZMGX88BSgg

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