Discuss bitcoin..

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Avatar for Anik120
3 years ago

Bitcoin is a "virtual currency" that anyone can use "digitally". Just as there are other currencies, such as the dollar, the rupee, etc., so there is bitcoin and a kind of currency. And, we can't feel these kinds of virtual coins holding hands, we can't even see them with our eyes. Therefore, Bitcoin is also called "digital currency" However, it can also be called electronic money Bitcoin is a type of currency that can only be bought and sold digitally online.Using this type of digital currency at electronic money, you can do online transactions in different fields. Bitcoin can only be deposited in online wallets. Moreover, in case of any online bitcoin transaction, you need to use this wallet app or website Because, as I said before, "Bitcoin can't be seen by hand and can't be seen with the naked eye: this type of cryptocurrency can only be expressed in numbers. The value of bitcoin (1bitcoin value) is different. It will be different in different countries.In other words, what is Bitcoin? Bitcoin means a decentralized virtual currency. This means a type of currency that has no bank, authorities or government to control. In other words, there is no owner of bitcoin. Just as there is no owner in the corner of the Internet but we are all benefiting from using it, in the same way, there is no owner in the corner of Bitcoin but anyone can use this currency digitally.Then I hope, "You understand what Bitcoin means."

Who invented bitcoin?

In 2009, Bitcoin was discovered by a man named "Satoshi Nakamato" However, the popularity and popularity of Bitcoin at that time was never the same as it is today. According to the wikipedia.org website, when Bitcoin was invented in 2009, between 2009 and 2010, the value of 1 bitcoin was almost non-existent. However, in March 2010, 1 bitcoin equals $ 0.003 and in July $ 0.008- $ 0.08. Then, since 2012, the value of Bitcoin has risen sharply since about 2013.

If you want, you can go to the "history of bitcoin" page of the wikipedia website and see the whole thing. Then, by the way, on this day in 2020, the value of 1 bitcoin is several lakhs of rupees (as per Google). So imagine, if you had bought something within the first 2 to 3 years of the introduction of Bitcoin, you would be worth a few lakhs today instead of 100 or 200 rupees. However, if I had known I would have bought it too. And, this is how a lot of people are earning money through Bitcoin.

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Avatar for Anik120
3 years ago

Comments

bitcoin will change the world

$ 0.00
3 years ago

yes, thank you?

$ 0.00
3 years ago

Note: (I am very sorry that I misspelled the word "Discuss" above)

$ 0.00
3 years ago

You can edit your post and take the failure out.

$ 0.00
3 years ago

I corrected the mistake. Thank you for saying this.

$ 0.00
3 years ago

You are welcome. Happy writing.

$ 0.00
3 years ago

It is a good start and explanation into what cryptocurrency is.

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3 years ago

I wish you all the best

$ 0.00
3 years ago