WHAT IS BITCOIN?

BITCOIN IS A PAYMENT SYSTEM INTRODUCED AS OPEN-SOURCE SOFTWARE IN 2009 BY DEVELOPER SATOSHI NAKAMOTO. THE PAYMENTS IN THE SYSTEM ARE RECORDED IN A PUBLIC LEDGER USING ITS OWN UNIT OF ACCOUNT, WHICH IS ALSO CALLED BITCOIN. PAYMENTS WORK PEER-TO-PEER WITHOUT A CENTRAL REPOSITORY OR SINGLE ADMINISTRATOR, WHICH HAS LED THE US TREASURY TO CALL BITCOIN A DECENTRALIZED VIRTUAL CURRENCY. ALTHOUGH ITS STATUS AS A CURRENCY IS DISPUTED, MEDIA REPORTS OFTEN REFER TO BITCOIN AS A CRYPTOCURRENCY OR DIGITAL CURRENCY.

SO THAT BITCOIN IS USED?

BITCOIN AS A FORM OF PAYMENT FOR PRODUCTS AND SERVICES HAS SEEN GROWTH,AND MERCHANTS HAVE AN INCENTIVE TO ACCEPT THE DIGITAL CURRENCY BECAUSE FEES ARE LOWER THAN THE 2-3% TYPICALLY IMPOSED BY CREDIT CARD PROCESSORS. THE EUROPEAN BANKING AUTHORITY HAS WARNED THAT BITCOIN LACKS CONSUMER PROTECTIONS. UNLIKE CREDIT CARDS, ANY FEES ARE PAID BY THE PURCHASER NOT THE VENDOR. BITCOINS CAN BE STOLEN AND CHARGEBACKS ARE IMPOSSIBLE. COMMERCIAL USE OF BITCOIN IS CURRENTLY SMALL COMPARED TO ITS USE BY SPECULATORS, WHICH HAS FUELED PRICE VOLATILITY.

What is faucet?

Bitcoin faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of a satoshi, which is a hundredth of a millionth BTC, for visitors to claim in exchange for completing a captcha or task as described by the website.

There are also faucets that dispense alternative cryptocurrencies. It is typical for faucets to have a referral system, where existing users referring new ones are rewarded with a pro rata portion of new users' earnings from the faucet.

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Our current rewards are:
80 (97%), 100 (2%), 150 (1%) satoshis.

Current balance is 192607 satoshis.

Bitcoin faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of a satoshi, which is a hundredth of a millionth BTC, for visitors to claim in exchange for completing a captcha or task as described by the website. There are also faucets that dispense alternative cryptocurrencies.

SatoshiParty.Org Privacy Policy
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This privacy policy has been compiled to better serve those who are concerned with how their 'Personally Identifiable Information' (PII) is being used online. PII, as described in US privacy law and information security, is information that can be used on its own or with other information to identify, contact, or locate a single person, or to identify an individual in context. Please read our privacy policy carefully to get a clear understanding of how we collect, use, protect or otherwise handle your Personally Identifiable Information in accordance with our website.

What personal information do we collect from the people that visit our blog, website or app?

When ordering or registering on our site, as appropriate, you may be asked to enter your email address, Bitcoin Wallet or other details to help you with your experience.

When do we collect information?

We collect information from you when you place an order or enter information on our site.


How do we use your information?

We may use the information we collect from you when you register, make a purchase, sign up for our newsletter, respond to a survey or marketing communication, surf the website, or use certain other site features in the following ways:

      To personalize your experience and to allow us to deliver the type of content and product offerings in which you are most interested.
      To improve our website in order to better serve you.
      To quickly process your transactions.

How do we protect your information?

Our website is scanned on a regular basis for security holes and known vulnerabilities in order to make your visit to our site as safe as possible.

We do not use Malware Scanning.

Your personal information is contained behind secured networks and is only accessible by a limited number of persons who have special access rights to such systems, and are required to keep the information confidential. In addition, all sensitive/credit information you supply is encrypted via Secure Socket Layer (SSL) technology.

We implement a variety of security measures when a user places an order enters, submits, or accesses their information to maintain the safety of your personal information.

For your convenience we may store your credit card information longer than 60 days in order to expedite future orders, and to automate the billing process.


Do we use 'cookies'?

Yes. Cookies are small files that a site or its service provider transfers to your computer's hard drive through your Web browser (if you allow) that enables the site's or service provider's systems to recognize your browser and capture and remember certain information. For instance, we use cookies to help us remember and process the items in your shopping cart. They are also used to help us understand your preferences based on previous or current site activity, which enables us to provide you with improved services. We also use cookies to help us compile aggregate data about site traffic and site interaction so that we can offer better site experiences and tools in the future.

We use cookies to:
      Understand and save user's preferences for future visits.
      Keep track of advertisements.
      Compile aggregate data about site traffic and site interactions in order to offer better site experiences and tools in the future. We may also use trusted third-party services that track this information on our behalf.

You can choose to have your computer warn you each time a cookie is being sent, or you can choose to turn off all cookies. You do this through your browser settings. Since browser is a little different, look at your browser's Help Menu to learn the correct way to modify your cookies.

If you turn cookies off, some features will be disabled. It won't affect the user's experience that make your site experience more efficient and may not function properly.

However, you will still be able to place orders .


Third-party disclosure

We do not sell, trade, or otherwise transfer to outside parties your Personally Identifiable Information unless we provide users with advance notice. This does not include website hosting partners and other parties who assist us in operating our website, conducting our business, or serving our users, so long as those parties agree to keep this information confidential. We may also release information when it's release is appropriate to comply with the law, enforce our site policies, or protect ours or others' rights, property or safety.

However, non-personally identifiable visitor information may be provided to other parties for marketing, advertising, or other uses.

Third-party links

Occasionally, at our discretion, we may include or offer third-party products or services on our website. These third-party sites have separate and independent privacy policies. We therefore have no responsibility or liability for the content and activities of these linked sites. Nonetheless, we seek to protect the integrity of our site and welcome any feedback about these sites.

Google

Google's advertising requirements can be summed up by Google's Advertising Principles. They are put in place to provide a positive experience for users. https://support.google.com/adwordspolicy/answer/1316548?hl=en

We use Google AdSense Advertising on our website.

Google, as a third-party vendor, uses cookies to serve ads on our site. Google's use of the DART cookie enables it to serve ads to our users based on previous visits to our site and other sites on the Internet. Users may opt-out of the use of the DART cookie by visiting the Google Ad and Content Network privacy policy.

We have implemented the following:
      Remarketing with Google AdSense
      Google Display Network Impression Reporting
      Demographics and Interests Reporting
      DoubleClick Platform Integration

We, along with third-party vendors such as Google use first-party cookies (such as the Google Analytics cookies) and third-party cookies (such as the DoubleClick cookie) or other third-party identifiers together to compile data regarding user interactions with ad impressions and other ad service functions as they relate to our website.

Opting out:
Users can set preferences for how Google advertises to you using the Google Ad Settings page. Alternatively, you can opt out by visiting the Network Advertising Initiative Opt Out page or by using the Google Analytics Opt Out Browser add on.

If at any time you would like to unsubscribe from receiving future emails, you can email us at
support@satoshiparty.org and we will promptly remove you from ALL correspondence.


Contacting Us

If there are any questions regarding this privacy policy, you may contact us using the information below.

SatoshiParty.Org
support@satoshiparty.org

Last Edited on 2016-09-11
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Who created Bitcoin?

The first Bitcoin specification and proof of concept was published in 2009 by an unknown individual under the pseudonym Satoshi Nakamoto who revealed little about himself and left the project in late 2010. The Bitcoin community has since grown exponentially. Satoshi's anonymity often raises unjustified concerns because of a misunderstanding of Bitcoin's open-source nature.

Everyone has access to all of the source code all of the time and any developer can review or modify the software code. As such, the identity of Bitcoin's inventor is probably as relevant today as the identity of the person who invented paper.


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