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Because the idea of a totally digital currency is still so new, many people naturally have questions about how to get started with Bitcoin.
The good news is that the Bitcoin basics aren't as difficult or technically complicated as you might think.
It's also safer than most people think…
You see, some critics have used the fact that Bitcoins can be stolen as an argument against the digital currency, but it's a silly one.
Anything can be stolen, including your car, your wallet and, these days, even your identity.
It's all about following common sense rules. Most people know if they leave their keys in the ignition, they increase the risk of their car being stolen.
It's the same with Bitcoin.
But with some basic tips on how to get started with Bitcoin, and how to thwart potential thieves, you'll know everything you need to successfully buy and use Bitcoin.
Here's an infographic that explains just that. It tells you what a Bitcoin wallet is, how to choose one, some threats people should be aware of, and how to protect your bitcoins once you've bought some.
And after you check out the graphic, don't forget to look into all the other information Money Morning has provided about Bitcoin, including how to buy bitcoins and different ways for people to invest in Bitcoin.
About the Author
David Zeiler, Associate Editor for Money Morning at Money Map Press, has been a journalist for more than 35 years, including 18 spent at The Baltimore Sun. He has worked as a writer, editor, and page designer at different times in his career. He's interviewed a number of well-known personalities - ranging from punk rock icon Joey Ramone to Apple Inc. co-founder Steve Wozniak.
Over the course of his journalistic career, Dave has covered many diverse subjects. Since arriving at Money Morning in 2011, he has focused primarily on technology. He's an expert on both Apple and cryptocurrencies. He started writing about Apple for The Sun in the mid-1990s, and had an Apple blog on The Sun's web site from 2007-2009. Dave's been writing about Bitcoin since 2011 - long before most people had even heard of it. He even mined it for a short time.
Dave has a BA in English and Mass Communications from Loyola University Maryland.