This web-based currency was developed as a decentralized \u201ccryptocurrency,\u201d a means to purchase goods and services online through digital units of exchange. There are many other forms of intangible money, but Bitcoin grabbed attention as the leading lady in 2009 and hasn\u2019t quit.<\/p>\n
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People can acquire and accumulate it through a method called \u201cmining,\u201d which is performed by a computer that solves algorithms through a complex process. If you and I are alike and immediately recoil at the word \u201calgorithm\u201d then I have good news for you!<\/p>\n
Purchasing cryptocurrency from a third party with standard, government recognized money is possible, and far friendlier to the Average Joe. A nice thing to mention is that you can purchase fractions of Bitcoins, so don\u2019t fret if you can\u2019t immediately afford to drop thousands. Make sure to keep up<\/a> with conversions to get the most bit-bang for your buck.<\/p>\n When you use paper bills or shiny coins, you know that every single one was processed by a bank. The bank is the third party between you, the consumer, and your salesperson, the merchant. Because the government controls bank regulation, they can choose how much of the money we spend goes back into their system for redistribution, which is known as taxing.<\/p>\n Because Bitcoin is not government regulated, there is no third party, meaning no one can tell you how much to give back. In fact, you don\u2019t have to give anything back. It is 100% tax-free.<\/p>\n Whether you\u2019re the intellectual type that dives headfirst into problem solving, or someone who enjoys the simpler things in life, Bitcoin really isn\u2019t hard to use. All you need is an internet connection, and you\u2019re good to go. I definitely suggest mining for those computer whizzes who aren’t familiar with it but want to learn something new. Remember, patience is a virtue!<\/p>\n Create a Bitcoin wallet using a reputable site (such as Coinbase, Electrum, or Trezor), set up your payment source and purchase the coins. Yup, that\u2019s it!<\/p>\n You never have to worry about making it to the bank on time to deposit or withdraw while they\u2019re still open. All your resources are online, and luckily there are a lot available. Pay from your computer or your phone; your only limitation is internet access.<\/p>\n The next nicety in this reason is that you can use it anywhere in the world. There\u2019s no need to exchange currency between countries because Bitcoin is the same everywhere!<\/p>\n Not everyone wants to share their name, address, or business details with the world. When transactions use bitcoins, none of that sensitive information can be linked with your account if you so choose.<\/p>\n Now, all of this applies only to online orders. There are a few retailers with storefronts that will take bitcoin, but they are few and far between. This map<\/a> will let you know who will accept your bitcoin payments in the physical realm. Just a heads up \u2013 this reference is largely user-contributed, so I would ask the store associates, before purchase, if they still accept digital money.<\/p>\n With hardly any wait, online orders have never been easier. At Kraken Kratom, Bitcoin orders are processed in around 15 minutes. That means no waiting for credit payments or days for a check to clear.<\/p>\n There are a lot of businesses out there that will offer you a discount if you buy with Bitcoin. Due to its lack of attachment to third parties, it\u2019s easier for both the customer and the merchant to process their own sales and purchases and for you to build stronger relationships with online vendors. We offer 10% off every order purchased with Bitcoin on KrakenKratom.com<\/a>, in addition to our other deals<\/a> and promos. This includes accessories<\/a> and plant matter alike!<\/p>\n Buying kratom with Bitcoin not only promotes a more egalitarian commerce, but it protects your privacy as well. Since kratom is teetering in a regulatory gray area and perceived as such a controversial subject by the FDA, not everyone is comfortable being out-and-proud. And that\u2019s ok! We are here to fight the good fight, but it may not be everyone\u2019s battle, you know? The least we ask for is your participation in ushering the movement forward, which is easy and worthwhile.<\/p>\n We encourage the use of Bitcoin because we believe in respecting our customers\u2019 needs and boundaries, and without third parties, that\u2019s a much more pleasant task. If you need to be discreet, we got you. If you\u2019re more into maintaining consistent and open communication with us, we\u2019re right there with you too.<\/p>\n","protected":false},"excerpt":{"rendered":" In the digital age, we\u2019re given amazing opportunities to make our lives easier. Kratom and Bitcoin go hand-in-hand, and here\u2019s why.<\/p>\n","protected":false},"author":3,"featured_media":204,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[35,38,36,10,37],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/krakenkratom.com\/resources\/wp-json\/wp\/v2\/posts\/203"}],"collection":[{"href":"https:\/\/krakenkratom.com\/resources\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/krakenkratom.com\/resources\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/krakenkratom.com\/resources\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/krakenkratom.com\/resources\/wp-json\/wp\/v2\/comments?post=203"}],"version-history":[{"count":19,"href":"https:\/\/krakenkratom.com\/resources\/wp-json\/wp\/v2\/posts\/203\/revisions"}],"predecessor-version":[{"id":1175,"href":"https:\/\/krakenkratom.com\/resources\/wp-json\/wp\/v2\/posts\/203\/revisions\/1175"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/krakenkratom.com\/resources\/wp-json\/wp\/v2\/media\/204"}],"wp:attachment":[{"href":"https:\/\/krakenkratom.com\/resources\/wp-json\/wp\/v2\/media?parent=203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/krakenkratom.com\/resources\/wp-json\/wp\/v2\/categories?post=203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/krakenkratom.com\/resources\/wp-json\/wp\/v2\/tags?post=203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Reason 1 \u2013 No Taxing<\/strong><\/h2>\n
Reason 2 \u2013 It\u2019s Easy to Use<\/strong><\/h2>\n
Reason 3 \u2013 Everything\u2019s Mobile<\/strong><\/h2>\n
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<\/p>\nReason 4 \u2013<\/strong> Anonymity<\/strong><\/h2>\n
Reason 5 \u2013 Quick Processing<\/strong><\/h2>\n
Reason 6 \u2013 Discounts<\/strong><\/h2>\n
So Why are Bitcoin and Kratom the Perfect Couple?<\/strong><\/h2>\n
Closing<\/strong><\/h2>\n