Bitcoin FAQ

Discussion in 'MMM Global - English' started by MMM Global Support Team, Dec 5, 2016.

  1. MMM Global Support Team

    MMM Global Support Team Administrator


    Bitcoin is an international digital currency. Bitcoin transactions take a few seconds and the transaction fee is charged very low ($0.05). Bitcoin does not belong to any government, companies or particular persons, which allows you to be independent from the banks and to manage your money as you want.
    Bitcoin ideology is similar to MMM: it strives to beat social inequality, to save people from the banking dependence and to make world more fair.
    With the help of Bitcoin MMM participants can provide financial help to each other worldwide.

    How to create a bitcoin wallet see here:
    How to buy bitcoins:
    How to transfer bitcoins to receiver:
    How to sell bitcoins:

    Full guide:

    What is bitcoin and how to participate in MMM using Bitcoins?
    It's more profitable, faster, and safer to provide help using bitcoins rather than traditional currencies.
    Watch the video about Bitcoin's key advantages and find out why it's beneficial to use it while participating in MMM.

    If you transfer money (provide help) via the Bitcoin (not a bank), you will receive a 3% bonus of the transferred amount.

    Bitcoin Bonus is not frozen. It is available for withdrawal as soon as the recipient confirms the receipt of funds.

    Bitcoin Advantages
    Bitcoin is an international electronic currency. This is a new form of money created on the basis of the program code.

    Bitcoin is not owned by any state, companies or individuals.

    Due to this, Bitcoin has become the world's first decentralized means of payment. Money transfers are made on the peer-to-peer principle — without intermediaries between the sender and the recipient.

    1. High safety level
    No one can block a Bitcoin wallet. Bitcoin does not depend on central banks, local and international laws, religion and other things.

    Banks and the government do not control your bitcoins — they are only available to you. The wallet is created anonymously. Cryptocurrency cannot be faked, and payments cannot be cancelled.

    2. Cheap transactions anywhere in the world
    Transfer fees do not depend on the amount or location. They make up less than US$1 (regardless of the amount). You can transfer money to anyone from anywhere in the world.

    3. Convenience
    Unlike bank transactions, bitcoin transactions may be carried out on a 24/7 basis. You can decide independently when to transfer money.

    4. Instant transfers
    Bank transfers take 3–5 working days on average. The speed of transfers via Bitcoin is a few seconds, or, when you are dealing with large amounts of money, — 10–60 minutes.

    5. Protection against inflation
    National currencies depreciate annually by 1–20 % (sometimes more). Bitcoin is backed by a limited number of units (21 million) and protected against inflation.

    Cryptocurrency is becoming more and more popular, since people do not spend money on fees and instantly exchange money. In the future, the world national currencies will be merged in a single digital Bitcoin currency! MMM and Bitcoin have a similar vision: they strive to overthrow social inequality, free people from the banks’ oppression and make the world a more just place.

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