what is bitcoin

andreavsc

New member
can someone explain me please? ...
 
can someone explain me please? ...
Bitcoin is simply a cryptocurrency made by a person named satoshi.
And there is no physical existence of cryptocurrency so Bitcoin also have no physical existence.
It's worth it in blockchain if you are purchasing Bitcoin it means you have purchased some blocks.
And when market cap of these blocks will increase the value of coins which you have will also be increased.
 
can someone explain me please? ...
Bitcoin is a cryptocurrency that people buy and sell. A few years ago, the price was very low, but over time, the price has become much higher than it is today. In countries where corrupt currency is legal, people are buying and selling it, but in countries where it is not legal, people are not able to trade.
 
Bitcoin is a digital or virtual currency, you can see it as an online version of money. Bitcoin is a totally virtual. Bitcoin can't be deposited into your fiat bank account but into its own wallet or digital wallets. Just like how you send and receive your physical cash, you can do same with bitcoin, you can also deposit your bitcoin in your wallet and send out too to another wallet, Apart from storing your bitcoin online in different wallets like coinbase or Binance, you can also keep it safe in analog and in paper wallets. You can get it free from faucets online
 
Bitcoin is simply a cryptocurrency made by a person named satoshi.
And there is no physical existence of cryptocurrency so Bitcoin also have no physical existence.
It's worth it in blockchain if you are purchasing Bitcoin it means you have purchased some blocks.
And when market cap of these blocks will increase the value of coins which you have will also be increased.
Bitcoin is one of the best coins that has the potential in cryptocurrency and it also has the highest value and which is going to be the most traded. People get more by buying and selling it because majority take lot of interest in this for buy and selling .
 
Group of people believed that Bitcoin wasn't created by nakomoto satoshi in late 2008. They believed it was created in February 2009, by growth of unanimous software developers who developed the coin as digital currency. With an achieved aim of making decentralised and ability to send and receive Bitcoin without third party authorization of enabling the transaction. It finalizes payment without any ones controlling it to process payments or transaction, but only done through the help of the sender and the recipient.
 
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