What is Bitcoin and how does it work? Is it legal? Who's behind it?
Wilfred Online shopping can be done in Bitcoin alongside dollar-pound euros. However, in other financial systems, such as the government and central bank, bitcoins are not. In 2009, Satoshi Nakamoto, a pseudonym or a group of software developers, introduced a new type of virtual currency. This type of currency is known as cryptocurrency. The cryptocurrency that Nakamoto invented is called Bitcoin.
Bitcoin transactions have no banking system. Online online, there is a direct (peer-to-peer) exchange between two users. The method of cryptography is used to protect transactions. You can transfer your earned bitcoin through bitcoin to skrill
The reason for the recent Bitcoin talks is inflation. Those who invested in Bitcoin suddenly increased their wealth by a few hundred times. But why is Bitcoin becoming popular?? It can be traded without revealing its identity. On the other hand, the cost of transactions is very low. But the biggest reason is that investing in Bitcoin will be a few times, a concept that many people have.