Created in 2009, Bitcoin is designed to be secure, cheap to exchange and anonymous. But until recently, it has not been recognised on the high street or by many businesses.
That is now beginning to change so at PhoneShop UK we have now begun accepting cryptocurrency payments in both Bitcoin (BTC) and Litecoin (LTC).
With many companies accepting the change and others getting ready to, bitcoins are an extremely fast-spreading currency. Transferring digital funds is becoming easier with the day by the use of growing technology. Smartphones and tablets make a cold, online transfer of money a more personal one.