What is Bitcoin? How Bitcoin Works

Bitcoin is a " virtual currency " that anyonecan use" digitally ".

Just like other currencies like dollar, rupee, etc., bitcoin is also a type 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 or 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 holding hands and it can't be seen with the naked eye".

This type of cryptocurrency can only be expressed through numbers.

In the same way , the value of 1 dollar (1 dollar value) is different in each country abroad, just like the value of 1 bitcoin (1 bitcoin value) will be different in different countries.

Now maybe a common question is definitely coming to your mind.

" 1 Bitcoin is equal to how much money ," do not you?

So, the answer will be different in different countries.

In the case of India,

The day I am currently writing this article,

" 1 bitcoin equals 5,41,027.81 Indian rupees ".

And, in the case of Bangladesh,

“ 1 bitcoin equals 6,04,874.40  Bangladeshi Taka ”.

But keep in mind, this value of 1 bitcoin continues to go down every day.

So, it is not necessary that the number I have given should remain the same forever.

Tomorrow, maybe, it will be more or less than double.

Hey, it looks a bit like share market, that's why.

However, Bitcoin has no link with the stock market . 

Straightforward, what is Bitcoin?

Bitcoin means a decentralized virtual currency.

This means that it is a type of currency that there is no bank, authorities or government to control.

Simply put, bitcoin has no owner.

By the way, there is no owner of the internet but we are all benefiting from using it, just like there is no owner of bitcoin but JK can use this currency digitally.

So hopefully, " Offers what it means " ( bitcoin meaning in Bengali ) you knew about it.

Who invented Bitcoin?

In 2009, Bitcoin was invented by a man named " Satoshi Nakamato ".

However, the popularity and popularity of Bitcoin at that time was never like 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, from 2012 to about 2013, the value of 1 bitcoin increased rapi