Bitcoin mystery solved!
Hello! I am Owais. We all are too much curious about what is actually this mysterious term is. Bitcoin is a new digital currency that was created in 2009 by an anonymous person.It’s the mystery who actually create this technology may be Satoshi Nakamoto still unknown. In this transactions are made without any person or bank involved.You can use it to book hotels, Trips, and buy anything online without any real money. Its price boost into the thousands in 2018.
What is this technology?
Is it the digital currency created in 2009 used to buy anything without fees. It runs on the blockchain uses decentralized technology for payment and store money without any name and without any bank, Log is maintained by miners with their powerful computers crunch transactions and are rewarded in bitcoins this is also known as bitcoin mining.
Who invented Bitcoin?
No one knows maybe Satoshi Nakamoto. He invented this technology in 2008 and it becomes viral in 2009.It is peer-to-peer electronic cash. It would allow online payments to be sent directly from one person to another without any bank involved.
What’s it is used for?
People can Convert their black money into white money using this technology easily. People feel more comfortable if their money is free from the government control and all other fees charged by the bank.This technology is your private tool for the anonymous transaction.Its a like an apple for the criminals they can eat that apple anytime.
Is Bitcoin worth anything?
In 2017 16.5 million bitcoin circulate in the whole world.Its Price exceeded the gold prices.Soon in February 2018, it will break its records and its price may reach $20000-$25000 approx.It’s worth more than your imagination.
What is Bitcoin-Cash?
Bitcoin-Cash is another cryptocurrency which is optimised differently. It brings sound money to the world. Dealers and users are authorized with low fees and consistent validations.