Here are some Bitcoin Basics.
- Bitcoin is “virtual currency” between two parties with no “middleman”.
- The price is not controlled by any bank or country, and is based on what people are willing to exchange them for.
- Banks and companies are starting to invest in Bitcoin to allow cheaper, faster transactions and stock trading.
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Roy Nakamura is the founder and CEO of Horizon Web Marketing. Before becoming an Entrepreneur, Roy spent 25 years in Silicon Valley corporate finance, holding the position of CFO with multi-national corporations. He is a graduate of the University of Chicago Booth School of Business with an MBA in finance and also has passed the CPA exam. Additionally, Roy holds a BS in engineering and a Masters degree in journalism, and has board-level experience with United Way and Financial Executives International. In 2008 Roy was named “Business Person of the Year” by the Las Vegas Asian Chamber of Commerce.