From 29650f3732856a8af1e9b23fd8df0cfa7d305745 Mon Sep 17 00:00:00 2001 From: Adam Soltys Date: Wed, 26 Jun 2013 12:18:53 -0700 Subject: Remove vanbtc stuff, just focus on PoS --- views/main/about.html | 129 -------------------------------------------------- 1 file changed, 129 deletions(-) delete mode 100644 views/main/about.html (limited to 'views/main/about.html') diff --git a/views/main/about.html b/views/main/about.html deleted file mode 100644 index aa1c653e..00000000 --- a/views/main/about.html +++ /dev/null @@ -1,129 +0,0 @@ -
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What are bitcoins?

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- Bitcoins are units of digital currency that can be - transferred over the Internet. - They get sent to a bitcoin address and stored in a digital wallet - that you can access with a - password. Creating a wallet is free and - easy -- try it. -

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- New bitcoin addresses start with a zero balance. Transactions between addresses are - recorded in a file that gets published on - the Internet. The file keeps track of every transaction that's ever taken place and therefore knows the balance of every address. -

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- New bitcoins are generated every 10 minutes and distributed to people who volunteer computing power to run the bitcoin network. The - software to participate is free and open source so anyone can run it on their computer to earn bitcoins. -

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- Over time, fewer and fewer - bitcoins will be created until finally there are a total of - 21 million of them in circulation by the year 2040. Each one of them - is divisible up to 8 decimal places, making - it possible to transact small amounts. -

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Why use them?

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- They're free, fast, secure, and global. Merchants - don't get charged for accepting them and you don't - get charged for transferring them, even - internationally. There are no fees, prerequisites, or - limits. You can register addresses anonymously and - create as many accounts as you like. They can - never be frozen because no central authority - controls them. Whether you're sending a fraction of - a cent or a million dollars, the network doesn't - discriminate. -

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- You can use bitcoins to send free, - immediate payments to your friends and family - from your phone or laptop so you can pay a co-worker - back for coffee, transfer wages to family overseas, - or donate to organizations like WikiLeaks who've - been cut off by the major payment companies. Or, use bitcoins to securely - store your savings and gain access to them - from anywhere that has Internet access. They tend to - appreciate in value over time because of their - limited supply, so they make a good investment. - Unlike dollars and other national currencies, no - government or issuing authority can print more of - them. -

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Where can I get some?

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- Contact one of our trusted exchangers. We'll meet you in person to sell you bitcoins and will be happy to help you get started if you're new. -

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- There are several bitcoin markets operating online as well. The largest one in Canada - is cavirtex.com and is run out of Calgary. They link up buyers and sellers and facilitate trades by - allowing you to deposit and withdraw Canadian dollars directly from your bank account. A list of other - online exchanges and their rates can be found at bitcoincharts.com. -

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- You can also use sites like Local Bitcoins, Bitcoinary, and Bitcoin OTC to find people to trade with directly. -

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How is their price set?

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- Most merchants accepting bitcoin will use an - exchange rate from one of the online markets - to determine their equivalent - dollar value. The exchange rate is simply the last - price that some seller was able to charge some - buyer for bitcoins in the free market and is - governed by supply and demand. -

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- Bitcoins aren't backed by any underlying - commodity or insured by any authority. They - have value as a currency due to their mathematically - guaranteed scarcity, security, divisibility, - and global recognition. -

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What can I buy with them?

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- You can spend them locally at one of our participating merchants or check out - this article for some other suggestions. - The number of companies accepting bitcoins - is growing quickly and we're working to get more stores accepting them in - Vancouver. We believe it'll be in - their best interest to avoid the transaction fees - charged by the credit card companies. Transaction - fees end up getting built into the prices we pay for - goods and services across the board so we're always - subsidizing the banks and payment companies. -

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Where can I learn more?

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- Come to our monthly meetup group or contact one of us. -

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