Cypto Guide~ What Is Bitcoin? And How It Works??

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Avatar for amirkhan
4 years ago


Bitcoin is a digital or virtual currency that we can never hold it in our hands and we can neither take nor give to anyone like a dollar,fiat money etc.

It is not in the form of notes or coins it is an online Cash through which you can buy and sell items but it has its own wallet in which it can be converted into currency.

Who invented Bitcoin??

 It was created by Satoshi Nakamoto in 2008 but was implemented when it was considered legally applicable.

WORTH OF BITCOIN TODAY

In the beginning its price was not high but today its price is skyrocketing and in the next few years its future looks very bright.

  • 1 Bitcoin= 10,876.10 United States Dollar

  • 1Bitcoin=1,800,065.38Pakistani Rupee

  • 1 Bitcoin= 4,128,092.00Nigerian Naira

  • 1 Bitcoin= 801,909.03 Indian Rupee


It's not a coin, it's not money, it's a number it means it has codes and we can sell or buy it through trade if we want.

HOW CAN WE GET BITCOIN??

  • Getting paid it directly into wallet

  • Mining

  • We can buy it from dollars

  • freelancing jobs 

  • Gaming

  • Faucets

  • From the trade we can get ...

Which countries Have more bitcoins??

The first of these is the

  • United States,

  • China, 

  • Russia, 

  • South Korea

 In which countries is this Ban ?? 

  • Canada

  • India

  • Pakistan..


Bitcoin is Ban in these countries but why? 

Because of problems like money laundering, tax evasion and terrorism in these countries, the government has banned it and these are only excuses.

And if you want to share more about bitcoin you can in comment section..

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