If you have not been living under a rock for the past few years, you must have heard of Bitcoin. It is an open-source, peer-to-peer cryptocurrency used in digital transactions.
Bitcoin has gained widespread acceptance by now. Just like PayPal payment system, Bitcoin is a reliable and safe method for online money transfers. Over 100,000 merchants accept Bitcoins, including giants such as Dell, Dish Network, Microsoft, Zynga, and many others.