Bitcoin is Real and is Valuable!
Think of bitcoin like a digital asset with a financial value.
You may hold $10 worth of this asset, $100 worth or $100,000 worth. Bitcoin is also very divisible -- in other words you may also be able to hold $0.0001 worth of bitcoin. iPayYou is your perfect wallet to hold all your bitcoins.
Bitcoin is used worldwide. 1 bitcoin in the United States is valued the same as 1 bitcoin in Italy, 1 bitcoin in China, or 1 bitcoin in Kenya. Thus, you can make payments with bitcoin to anyone in the world - instantly. Because bitcoin is a world-wide standard, you may make payments to anyone with a bitcoin wallet if they don't use iPayYou. If you use iPayYou, you may pay anyone in the world who has an email address -- we will do the hard work of creating a bitcoin account for them automatically.
May be bought and sold
You may easily purchase and sell bitcoin -- right here on iPayYou. If you make a payment to someone, they can withdraw that amount to a bank account by selling the bitcoin you just sent them.
Bitcoin is traded on bitcoin exchanges in similar ways to the way stocks are traded on stock exchanges. As a result, the value of bitcoin fluctuates -- it may go up or down in part based on how many people find bitcoin valuable. Because you are holding bitcoins in your iPayYou account, the USD value of your account may also change up or down.
You may take a look at historical prices on various exchanges over the last couple of years.
Similar to gold and currencies
In some ways, bitcoin is similar to gold: there is a limited amount of bitcoin in circulation and additional bitcoins may not be printed by any government.
In other ways, bitcoin is similar to a currency: you may send it to anyone else with a bitcoin account. iPayYou makes payments simple by letting you send bitcoin to anyone with an email address.
Learn more about bitcoin
To learn more about bitcoin, visit the Bitcoin section on Wikipedia.
For news, discussion, and quite a bit of other useful information on bitcoin, visit our friends at Bitcoin.com.
Ready to start with bitcoin? Buy bitcoin here!