Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: Psycho on October 18, 2020, 01:38:23 PM
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WHAT IS BITCOIN?
Who is the donor of Bitcoin?
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Bitcoin, often described as a cryptocurrency, a virtual currency or a digital currency is a type of money that is completely virtual. It's like an online version of cash. People can send Bitcoins or part of one to your digital wallet, and you can send Bitcoins to other people.
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Bitcoin is a virtual currency. And the king currency of all cryptocurrencies. This currency ranks number one among all cryptocurrencies. I think when the price of currency starts to rise in the market, the price of all currencies starts to rise. I want to know from the senior brothers of this forum that if they know better about bitcoin, please give details.
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I have read the paper and it is very informative. However, let's not treat Dr. Craig S. Wright being Satoshi Nakamoto as a fact.
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Are you a fan or follower of Dr. Craig S. Wright? Well, I don't think that it will be good enough. but for me personally, I don't like CW because he is also very meant to be acknowledged as Satoshi. We need more real sources here
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Are you trying to spread good news about Craig S. Wright?
Sorry, I don't think you do the right way here. From too many sources that describe the definition about Bitcoin, how can you state Wright's document is the best one? I suggest you to choose others, especially the information from big crypto news sites. In addition, you need to check the definition whether fits with the Bitcoin described by Satoshi on Bitcoin WP or not.
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Indeed, there are many opinions that put forward the definition of bitcoin and this is not to blame because basically all the essence of the definition is the same. including that stated by Dr. Craig S. Wright
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Bitcoin is a digital currency that is accepted as money, which is exchanged only on the digital platform that we can see but cannot touch with our hands.
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Bitcoin is a digital online virtual cryptocurrency which is already accepted by many organisations, Amazon, Microsoft and bookingdot com. Sir Satoshi nakamoto developed the best online Crypto bitcoin.
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Bitcoin is a digital currency that is accepted as money, which is exchanged only on the digital platform that we can see but cannot touch with our hands.
unfortunately bitcoin is still not accepted by many countries.
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Are you trying to spread good news about Craig S. Wright?
Sorry, I don't think you do the right way here. From too many sources that describe the definition about Bitcoin, how can you state Wright's document is the best one? I suggest you to choose others, especially the information from big crypto news sites. In addition, you need to check the definition whether fits with the Bitcoin described by Satoshi on Bitcoin WP or not.
The paper mentioned in the post is written by SN, not Wright (unless they are the same person but that's not proven).
By the way, does anyone know why the original post was modified? I came to check back on the thread and it reads completely different now.
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Are you trying to spread good news about Craig S. Wright?
Sorry, I don't think you do the right way here. From too many sources that describe the definition about Bitcoin, how can you state Wright's document is the best one? I suggest you to choose others, especially the information from big crypto news sites. In addition, you need to check the definition whether fits with the Bitcoin described by Satoshi on Bitcoin WP or not.
The paper mentioned in the post is written by SN, not Wright (unless they are the same person but that's not proven).
By the way, does anyone know why the original post was modified? I came to check back on the thread and it reads completely different now.
Satoshi Nakamoto is the best because I think they write very clear white papers.
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Bitcoin is an asset that is digital, cannot be torn or touched by direct hands like we are holding gold bullion.
Bitcoin is a digital asset that changed my life because in the past I had no real assets and with Bitcoin, little by little, I have been able to buy these real assets.
This is part of me for Bitcoin since Januari, 2017 . Thanks
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Bitcoin is a digital cryptocurrency which developed in 2009 July 15 by Satoshi nakamoto.
Everyone is the donor of bitcoin if he donated.
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If you want to try to use the available time to open and search on Google, of course you will get the definition that you are asking, for example as below;
- Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! Bitcoin can be used to book hotels on Expedia, shop for furniture on Overstock and buy Xbox games. But much of the hype is about getting rich by trading it. The price of bitcoin skyrocketed into the thousands in 2017.
link : https://money.cnn.com/infographic/technology/what-is-bitcoin/index.html
- Each Bitcoin is basically a computer file which is stored in a 'digital wallet' app on a smartphone or computer. People can send Bitcoins (or part of one) to your digital wallet, and you can send Bitcoins to other people. Every single transaction is recorded in a public list called the blockchain.
- no one will become a bitcoin donor, I myself want to accept as a bitcoin recipient.
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Bitcoin in my view is a digital currency as well as an asset for investment. Where the value will always go up and down. This Bitcoin is produced from a technology. which eventually becomes a currency and is traded on the crypto market.
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As a full member, these are very sly question. You should obviously know what is Bitcoin and who is inventor. A newbe can make such question. But it is unexpected from a full member. If you have less knowledge about it, I suggest you to study on it more and more. You can read the forum post attentively and also search on google.
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Search on Google and you will find thousands of definitions and explanations about Bitcoin. And no one donor it. It was created by Satoshi Nakamoto. ANd to get it, people are mining BTC.
Actually, this is a very old question but it can be said that many newcomers are here to look for more about Bitcoin and crypto
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I think bitcoin is the first coin to exist in crypto. Bitcoin is an asset that we can use to invest in online. Even though it is not visible, the value is there and real. In fact, many ordinary people are more familiar with the word bitcoin than cryptocurrency.
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I don't really understand what you mean here. Bitcoin is the first coin created by Satoshi in modern digital coins. The donor? You mean Satoshi or who? I think there are many people who become the donor, not only Satoshi.
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Bitcoin, often described as a cryptocurrency, a virtual currency or a digital currency is a type of money that is completely virtual. It's like an online version of cash. People can send Bitcoins or part of one to your digital wallet, and you can send Bitcoins to other people.
I would be happy if you could tell me how to use bitcoin.
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WHAT IS BITCOIN?
Who is the donor of Bitcoin?
Bitcoin is a king of cryptocurrency and a virtual currency which developed in 2009 July by Satoshi nakamoto. But I don't know who is the denor of bitcoin. But I mean who donor.. Actually people, investors, traders are the donor of bitcoin.
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Everyone who was involved in Bitcoin development, deserve to get honors. Bitcoin is a great asset and now be a part of human life. It is absolutely a new way for the human to get money and to put their funds for future investment. I also did it and I believe in the bright future of Bitcoin.
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Bitcoin is a digital currency that allows transactions to be made without the interference of a central authority. The Cryptocurrency system is a peer-to-peer open source software meaning computers are part of a mining process for coins.
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Bitcoin is a digital currency which in my opinion is very good because it has a very limited supply so it can have a very expensive price, take advantage of bitcoin price movements to find a lot of profit.
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Bitcoin is a digital currency which in my opinion is very good because it has a very limited supply so it can have a very expensive price, take advantage of bitcoin price movements to find a lot of profit.
true, especially now that it is entering the third halving which is clear that the supply will decrease and the demand will increase, so the economic law will have an effect where if there is demand for more than the amount of material then the price will increase.
about the op questions about bitcoin there are many explanations which I think are sufficient and understandable.
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WHAT IS BITCOIN?
Who is the donor of Bitcoin?
Bitcoin is a digital currency which already accepted b several countries and some businesses organizations, a few days ago PayPal accepted bitcoin, bitcoin cash and litecoin as their payment system.
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WHAT IS BITCOIN?
Who is the donor of Bitcoin?
Bitcoin is a digital currency which already accepted b several countries and some businesses organizations, a few days ago PayPal accepted bitcoin, bitcoin cash and litecoin as their payment system.
bitcoin is a digital currency that has a very expensive price, while for bitcoin donors there is no because bitcoin price movements depend on interactions between buyers and sellers on the exchange.
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It is a digital currency and the founder of crypto world.
Donor? Maybe you want to say is creator. BTW, the name Satoshi Nakamoto is a very popular name. It is a person or a group that started Bitcoin.
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I think, it is a foolish question from a Full member. A newbe can make such question but how a full member can make such question. If you don't know about bitcoin, how you have raised your rank. You should study more. Yet I can describe a concept. A Bitcoin is a digital token with no physical existence that can be sent electronically from one user to another around the world. Satoshi Nakamoto in the inventor of this system.
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Bitcoin is a digital currency in the online world. Bitcoin can be traded simultaneously at a low cost of crores of any local currency. This is a blessing of bitcoin blockchain technology. The currency is the greatest for transactions worldwide. Bitcoin currency is a user-to-user transaction. No third party gets any tax here. So using Bitcoin is very convenient. There is one more step forward to take the nature of bitcoin transactions to a simpler level. Anyone can be bitcoin donor.
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Bicoin is a type of coin in crypto. And bitcoin is the first coin in crypto history. Bitcoin is a very good investment asset. I really like bitcoin. Even bitcoin is considered the king of coins.
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Bitcoin is a cool digital currency that can be used for many payments on the Internet, but I'm used to having this asset as an investment and an opportunity to make money on growth! I rarely use it for payment purposes, but it's a cool idea for our digital world!
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Bitcoin is a pioneer of cryptocurrency coins, its easy use with cheap transaction fees has made it quickly accepted by many people and with its extraordinary technology that the ecosystem has quickly been formed to this day.
To this day I still believe, if without bitcoin the cryptocurrency ecosystem today would never have existed, if there was, it might be several decades later when someone had such an amazing idea as Satoshi Nakamoto.
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Bitcoin is a digital currency in the online world. Bitcoin can be traded simultaneously at a low cost of crores of any local currency. This is a blessing of bitcoin blockchain technology. The currency is the greatest for transactions worldwide. Bitcoin currency is a user-to-user transaction. No third party gets any tax here. So using Bitcoin is very convenient. There is one more step forward to take the nature of bitcoin transactions to a simpler level. Anyone can be bitcoin donor.
Bitcoin is the best coin in the world of cryptocurrency. Those who invest in this bitcoin get a lot of benefits. And they are called donors.
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Bitcoin is a pioneer of cryptocurrency coins, its easy use with cheap transaction fees has made it quickly accepted by many people and with its extraordinary technology that the ecosystem has quickly been formed to this day.
To this day I still believe, if without bitcoin the cryptocurrency ecosystem today would never have existed, if there was, it might be several decades later when someone had such an amazing idea as Satoshi Nakamoto.
I agree with your opinion about if without bitcoin the cryptocurrency ecosystem today would never have existed, because bitcoin is the pioneer of Crypto currency. After bitcoin then altcoins there. I always believed bitcoin will exist for along years again.
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Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet.
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Read everything about Bitcoin on this site, so you can know and understand everything about https://bitcoin.org/de/. And then read more also in the forum in order to get further information. Without reading, you cannot kn ow really what Bitcoin is. Never only think that Bitcoin is a safe have with always profitable works.
And what is the donor? No, there is no donor in Bitcoin.
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There is a lot of understanding about Bitcoin on Google and everyone already knows what Bitcoin is.
Now is not the time to look for Bitcoin articles but now it is time to own Bitcoin.
Unfortunately, a thousand dear, now no one wants to donate Bitcoin anymore because Bitcoin is now a rare item if we have to buy it and it is very expensive.
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WHAT IS BITCOIN?
Who is the donor of Bitcoin?
To my knowledge, Bitcoin is a kind of symbolic currency. Bitcoin has virtually no existence. We can't touch symbolic currencies like bitcoin but we can accept Ershad just like other real currencies like money dollar.
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Bitcoin, often described as a cryptocurrency, a virtual currency or a digital currency is a type of money that is completely virtual. It's like an online version of cash. People can send Bitcoins or part of one to your digital wallet, and you can send Bitcoins to other people.
You're right Bitcoin is an electronic currency. Which can be used like any other common currency but has no real existence. Bitcoin exists only in the internet world. This bitcoin is more convenient to trade than real currencies.
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There are some things that we can't touch even though we see them with two eyes. Bitcoin is a currency that we can see but not touch. Bitcoin is called a digital currency. Bitcoin is the king of all coins. Most of the people in this forum prefer Bitcoin.
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Are you trying to spread good news about Craig S. Wright?
Sorry, I don't think you do the right way here. From too many sources that describe the definition about Bitcoin, how can you state Wright's document is the best one? I suggest you to choose others, especially the information from big crypto news sites. In addition, you need to check the definition whether fits with the Bitcoin described by Satoshi on Bitcoin WP or not.
Yes sir you have given a very nice post about bitcoin I agree with your post I don't know what bitcoin is but after reading your post i fully understood about bitcoin Thank you so much for giving such a post.
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Brother, you want to know what Bitcoin is and I don't know its donor very well. I have been involved in the cryptic world for a long time. Bitcoin is a virtual currency that has no existence, it can only be seen by us but never touched. And I don't know exactly who the donor of Bitcoin is. However, I read the posts given by many senior brothers carefully and they have said many good things about it. Maybe by reading them you will know what Bitcoin is and who its donor is. I benefited a lot from your post and found out who is the donor of Bitcoin. Thanks bro
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WHAT IS BITCOIN?
Who is the donor of Bitcoin?
Bitcoin is a type of cryptocurrency that has no real existence. Bitcoin only exists in the internet world. No one controls Bitcoin. Bitcoin is self-regulated. Bitcoin is called the king of the cryptocurrency world because it ranks first in terms of popularity.
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WHAT IS BITCOIN?
Who is the donor of Bitcoin?
Bitcoin is a digital currency which invented by satoshi nakamoto . Every person is the donor of bitcoin if he wishes.
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Bitcoin is a virtual currency. Only Bitcoin has no real existence. Bitcoin only exists in the internet world. Bitcoin is the world's first and number one currency. Bitcoin is widely known as the king of the cryptocurrency world.
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Bitcoin is a digital currency virtual currency. Bitcoin is a very popular coin at present. Bitcoin is known in almost all countries of the world. Bitcoin is the king of all coins so Bitcoin occupies a huge place in the cryptocurrency.
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Bitcoin is a type of electronic currency that has no real existence, can only be seen in one's wallet but cannot be touched. Bitcoin is very popular. Almost all people around the world are aware of this bitcoin. Bitcoin is also known as the king of crypto.
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Bitcoin is a virtual currency. Bitcoin is the most popular currency in the virtual world. Bitcoin is called the king of the world of virtual coins. Because Bitcoin is at the top of the crypto market. This virtual coin does not exist in reality, this virtual coin cannot be touched but can be tasted. This currency has gained a lot of popularity so far. Hopefully it will gradually become more popular.
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Bitcoin is a new currency that was created by Satoshi Nakamoto in 2009. Transactions are made with no parson means, no banks! Bitcoin can be used to book hotels on expedia. :) :)
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Bitcoin is a type of cryptocurrency known as the first successful cryptocurrency in the crypto universe and is ranked number one in the world in terms of popularity. Bitcoin is a decentralized digital currency that we can buy, sell and exchange directly, without an intermediary like a bank. Bitcoin was first created in 2009. It is said that a man named Satoshi Nakamoto made it.
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Like other paper currencies, Bitcoin is a type of virtual currency that has virtually no existence. Bitcoin is the number one cryptocurrency in the world. Bitcoin is very popular in the virtual world as a virtual currency.
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Bitcoin is a crypto currency. It is used for fast and secure transaction. Currently it is also an asset and it gives good returns to investors.Bitcoin is currently traded as $31,902.
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WHAT IS BITCOIN?
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Bitcoin is our future asset. A time will come when all countries will run on Bitcoin transactions.
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Bitcoin is a digital currency (also known as a cryptocurrency) that is created, stored and transferred electronically. It is not controlled or issued by any central authority, nor is it backed by any physical commodity or asset. Bitcoin is decentralized and its supply is limited, making it a form of digital scarcity. Transactions of Bitcoin are verified and recorded on a public blockchain, or digital ledger, that is shared among a network of computers. Bitcoin can be used to purchase goods and services, and can also be exchanged for other currencies.
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There are many answers and opinions about what bitcoin is now, but all of them are correct. So you can trust almost everyone. I've been saving bitcoins for two years now and I can tell you about my idea of what bitcoin is. Bitcoin (BTC) is the first and most popular cryptocurrency in the world. As of January 8, 2023, one bitcoin is worth about $16,800. Bitcoin is a decentralized system based on a software protocol and based on the principle of direct exchange between users. There are several ways to become a Bitcoin owner - to buy them in exchange for rubles or other real currency, to receive them as a reward for work performed. But there is one factor here, you should always check the real bitcoin price, because you can sell it cheaper. There are different exchangers for that, you can read some examples in the article https://www.techporn.ph/top-5-best-crypto-exchanges/ (https://www.techporn.ph/top-5-best-crypto-exchanges/). I don't want to leave here many links to all these exchanges for fear of getting banned.
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Ethereum is a newer and more advanced form of cryptocurrency than bitcoin, offering features such as smart contracts, decentralized applications, and decentralized finance (DeFi). Ethereum is also believed to have better scalability, with the Ethereum 2.0 upgrade expected to bring a faster and more efficient blockchain. Ultimately, whether Ethereum is better than bitcoin is up to the individual and their preferences.
A Blue Chip NFT is a type of non-fungible token (NFT) that holds a special place in the market because of its high-value and rarity. Blue Chip NFTs are highly sought after by collectors and can often be sold for large sums of money. The rarity of these tokens makes them a safe investment, as their values tend to appreciate over time.
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Bitcoin can have the ability to beocme future Currency.
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Blockchain-based technology, virtual money, decentralized, immutable, safe, and secure. These words are enough to describe Bitcoin.
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Bitcoin is a virtual currency and also the most known among all cryptocurrencies
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Bitcoin is a form of virtual currency that is recognized as a medium of exchange, solely existing in the digital realm. It's something we can observe but not physically hold in our hands.
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Bitcoin is a digital money, which can only be found on the internet.
Without Bitcoin, there are no other coins. Bitcoin is the king of all cryptocurrencies.
Bitcoin is a game changer; it has been demonstrated to improve people's lives.
Bitcoin is designed to secure our identities so that no one can follow us down and put our lives in risk, particularly those of the wealthy people.
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Bitcoin is designed to secure our identities so that no one can follow us down and put our lives in risk, particularly those of the wealthy people.
This is not totally true, take note that the BTC network is not anonymous, but pseudonymous, and that’s because the BTC blockchain is public and transparent. In order to use BTC anonymously you have to make use of privacy solutions like mixers, CoinJoin solutions and p2p exchanges, without that it is easy for you to be traced, especially if you use centralized exchanges.
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Hi everyone
Although I'm a newbie in the world of cryptocurrency but from the little research I've done I can say that Bitcoin is a cryptocurrency or we can call it internet money that is decentralized that means it is not controlled by an entity or any government. It is a relatively new currency that is secure fast and efficient, unlike our normal paper currency that is gotten from the bank, Bitcoin is mined using computer
That all I know about Bitcoin thanks you
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Hi everyone
Although I'm a newbie in the world of cryptocurrency but from the little research I've done I can say that Bitcoin is a cryptocurrency or we can call it internet money that is decentralized that means it is not controlled by an entity or any government. It is a relatively new currency that is secure fast and efficient, unlike our normal paper currency that is gotten from the bank, Bitcoin is mined using computer
That all I know about Bitcoin thanks you
Hy I was hoping to as what Bitcoin is then came across this forum and slighted your post which is very simple and understandable thank you for sharing your knowledge.
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Bitcoin is a virtual currency that is very popular among cryptocurrencies. It is currently at the top of the crypto world. You can see the amount of this currency only digitally. But can't touch it. Through it you can transact digitally, invest, also in developed countries you can buy various things through it. Bitcoin was created in 2009 by Satoshi Nakamate.
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Bitcoin is a virtual currency that is very popular among cryptocurrencies. It is currently at the top of the crypto world. You can see the amount of this currency only digitally. But can't touch it. Through it you can transact digitally, invest, also in developed countries you can buy various things through it. Bitcoin was created in 2009 by Satoshi Nakamate.
I understand what bitcoin is now but what I don’t really get is why is the government almost of every country not freely allowing cryptocurrencies to co exist with our current means of exchange?