Qbit Currency is a hybrid Electronic digital money,(Cryptocurrency), powered and valued by its users, with no central authority, Banks or Middlemen, It works by allowing the trade directly between the buyer and the seller with very low fees, with Qbit being the secure seller platform. For a user your Qbit is like cash in your pocket, with instant payment from your mobile or desktop, its digital cash for the Internet and product purchases from participating merchants, having an Intrinsic value partialy determined by the Precious metal market, unlike Fiat money, with an Extrinsic Value determined by its users the same as other traded fiat currency, this gives value to Qbit coins most other Crypto currencies dont have, it also makes a great investment opportunity for the savy investor, Accounts are strictly private and are not accessible by anyone at QBIT or any associates of the QbitNetwork, all transactions are and remain totally anonymous, You, the Wallet holder are the only person with keys to your wallet, it's your money in your pocket not the Banks, or Financial institutions so look after it, keep your keys to yourself and copies in a safe place because if you loose them you will loose your money so back them up safely....