Читать книгу Digital Marketing - Annmarie Hanlon - Страница 42

1 Visit the Blockchain support centre online: https://support.blockchain.com.

2 Read the Harvard Business Review article ‘The truth about blockchain’ (Iansiti and Lakhani, 2017).

New Bitcoins are created by mining and an industry of Bitcoin miners has developed. Bitcoin miners de-code online encrypted mathematical challenges using algorithmic processes. In exchange for their work in finding and recording Bitcoins on the blockchain, they are given Bitcoins. Becoming a Bitcoin miner requires hardware in the form of super-fast computing systems as well as software.

There are downsides to Bitcoin as the whole process is anonymous, giving rise to potential for money laundering as well as illegal or terrorist uses, and this has resulted in many mainstream banks refusing to accept Bitcoin or closing accounts trading in the currency.

Other downsides are that there are no guarantees if the coins are lost, and there have been many scams with all aspects of bitcoins, from hacked wallets to software scams.

See ONLINE RESOURCE: Comparison of traditional currency and Bitcoin