BITCOIN or Other Online Cyber Currencies? While most of the world is still buying cannabis seed with Cash, Check, or Money Order, there is a new currency on the web called Bitcoin that has become a popular alternative. Paying with Bitcoin is easy, and extremely secure. Paying with Bitcoin allows for completely private transactions on the web. It?s not even necessary to involve one?s bank to pay for a transaction with Bitcoin. Bitcoin is my new favorite way to pay online. Here are a couple videos to help explain just what Bitcoin is and the process of using Bitcoin. The first video will explain just what Bitcoin is and how it works. The second video will explain how to setup an account at?Coinbase?(you will need this to use Bitcoin), and then you can begin to use Bitcoin for your online purchases.