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What is Bitcoin?

Bitcoin is a form of digital currency created and used in electronic form. Bitcoins are not printed like dollars or euros; they are produced by many people at computers around the world using the software, critical computing tasks. This is the first example of a growing category of money known as digital currency.

Bitcoin can be used for electronic purchasing of goods. In this sense it is no different from the usual us dollars, euros and yen, which are also used for e-Commerce.
A very important characteristic of bitcoin that distinguish it from conventional money, is decentralization. No existing institution has no control over the Bitcoin network.

The exchange rate of Bitcoin against other currencies is constantly changing depending on supply and demand. Now the course BTC/USD like this:

Bitcoin in 2016

2015 was quite a good year for bitcoin given the huge amount of investment that it has attracted positive attention it has received from leading financial institutions such as banks and clearing houses, etc. basic technology, i.e. in the blockchain, has gained enormous respect from leading technology and financial companies. But this is not the ending; 2016 could be another eventful year for the cryptocurrency. read more

Russian Citizens Force OOOPay To Accept Bitcoin

Keeping in mind how OOOPay is one of the primary online payment platforms in Russia, this new is rather significant regarding the future of digital currency in the country. Getting the unexpected support from such a large payment processor is another notch in the belt of Bitcoin and its community, who see more legitimacy added to the popular digital currency. read more

Central Bank of Kazakhstan Loses Consumer Trust

Similar to most struggling countries around the globe "right" now, the economy in Kazakhstan is linked to the US Dollar. However, with the recent financial woes hitting stock markets all over the world, combined with a declining oil price, the exchange value of a local currency against the US Dollar is fluctuating by quite a margin. Unfortunately for Kazakhstan, the value of their Kazakhstani Tenge has been losing a lot of ground over the past year. read more

Bitcoin Uncertainty in Venezuela is Beneficial to SurBitcoin

All of these actions are leading to a lot of questions being raised by the Bitcoin community in Venezuela, and some people are worried about whether or not they should get out of digital currency.
After all, nobody wants to be arrested for their involvement in digital currency, even though such actions by governments are frowned upon by Bitcoin enthusiasts and industry experts all over the world.read more

1 BTC = ~1048.69 USD
1 USD = ~95357 Satoshis

What is a Satoshi?

Satoshi is the smaller part of bitcoin. The device is called a "Satoshi" in collective homage to the founder of Bitcoin Satoshi Nakamoto.

1 Satoshi = 0.00000001 Bitcoin
10 Satoshi = 0.0000001 Bitcoin
100 Satoshi = 0.000001 Bitcoin
1000 Satoshi = 0.00001 Bitcoin
10000 Satoshi = 0.0001 Bitcoin
100000 Satoshi = 0.001 Bitcoin
1000000 Satoshi = 0.01 Bitcoin
10000000 Satoshi = 0.1 Bitcoin
100000000 Satoshi = 1 Bitcoin

Now You can rent Bitcoin farm in the South Pacific ocean

Rent a farm for Bitcoin

South Pacific Plantation Management Limited, the company located on the island of Efate, Vanuatu, recently started accepting Bitcoin for 1 acre of land located on the island of Malekula, South Pacific island in the Republic of Vanuatu. They work together with CoinJar, an Australian Bitcoin company, for the implementation of this project. More information is available on the website of the company.

"I'm a firm supporter of innovative technologies," says Richard Butler, project Manager, South Pacific Plantation Management Limited. "I and Director of the company to easily accept new and interesting ideas."
The advantage of Immigrants

The international economy allows you to accept Bitcoin payments, which may increase the inflow of immigrants and foreign investors coming to the Republic of Vanuatu. Friendly state in the South Pacific ocean, does not impose land tax, and no corporate or personal tax obligations.

"It's great that people are now beginning to embrace the new currency," says Mr. Butler. With a new provider, South Pacific International Communications, which provides 4G network one of the smallest countries in the world and accepting Bitcoin payments, foreign transactions will be much easier to implement."

The Bitcoin production of fruits

The company also offers agricultural land development, although many of the developments have already been implemented. Lots not associated with a permanent residence include the price of land. In addition, land can be turned into a tropical fruit farm (Papaya). Bitcoin is accepted for the full purchase of land and customers will be able to profit from selling fruit on the international market.
It is believed that the company will also hire approximately 100 people to manage the daily requirements of the farm. This means that the inhabitants of the island of Malekula will be able to enjoy my work and income. As an example, investors could see great returns, and do great things for the local economy and population. The concept of planning will include educational Fund for the children of agricultural workers. Investors can participate in this project by donating the percentage of profit which they will receive through the sale of products from agricultural land. Investors can find much more information and news on the Facebook page.