Every day we find new Bitcoin exchangers. Bitcoins are always stored in a digital online or offline wallet, which exists either in the cloud or on a user’s computer (or server). The wallet is a kind of virtual bank (but it is not a bank) account that allows users to send or receive bitcoins (and buy/sell), pay for goods (all kind of goods as far as they accept Bitcoin) or save their money. Unlike bank accounts, bitcoin wallets are not insured by the FDIC. Though each bitcoin transaction is recorded in a public log, names of buyers and sellers are never revealed – only their wallet IDs. While that keeps all bitcoin users transactions private, it also lets them buy or sell anything quickly and without easily tracing it back.Bitcoin is money, and money has always been used both for legal and illegal purposes, so be carefull. Cash, credit cards and current banking systems widely surpass Bitcoin in terms of their use to finance crime. Bitcoin can (and do) bring significant innovation in payment systems and the benefits of such innovation are often considered to be far beyond their potential drawbacks. Bitcoin is designed to be a huge step forward in making money more secure and could also act as a significant. Bitcoin is the future.