Bitcoin

Bitcoin



It is a digital currency that allows our money and transacts in a different way than we normally do. We can buy, sell and exchange directly, without any mediator like a government and bank, a type of money that is completely virtual. It’s also described as a cryptocurrency- a virtual currency or a digital currency. It's an online version of cash, which can be used to buy products, but many of the stores do not accept bitcoin, and many countries have banned it.


But now many of the countries start buying it due to its growing influences, allowing its customers to buy and sell it. Each Bitcoin is basically a computer file that is stored in a 'digital wallet' app on a smartphone or computer. We can send it to other people from our digital wallet and people can send it to our wallet, where each transaction I recorded in the public list called blockchain with a very high level of security if used correctly.


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