We will leave the technical side out in this section and explain it more in the next. Without all the mumbo-jumbo, PIVX is an online digital currency that is private, nearly instant to send, and verified against scamming. It can be used to conduct transactions, no matter how small or large, with minimal fees and in record time. Furthermore, with PIVX, if you accumulate it and manage it properly, it actually accrues interest like a real bank account. The rates are better though, don’t worry. You can even go to exchanges online and trade it for other currencies including fiat currencies like the U.S. dollar, Euro, etc.
To begin with, why don’t you try trading it around between your friends and co-workers. Buy it off them and accumulate a tidy sum. Than turn around and trade it on the market for a profit. It’s your money, do whatever you want with it!
To keep things simple, we’re going to watch an episode of SciShow from YouTube. It features Bitcoin, not PIVX, but a lot of the core concepts are the same. Think of PIVX like Bitcoin’s grandchild. PIVX has improved on a lot of Bitcoin’s systems, but it’s the same family tree.