Responsive Ad

what is Bitcoin



   now a days people and news channel said that

bitcoin we often listen about the "bitcoin"   what is the Bitcoin ?  

what is use ?

 it is currency or any other thing   or Bitcoin is money or Gold  today i will explain you all the thing in below

Bitcoin is a crypto currency we can said that digital currency . bitcoin idea was given by the unknown person whose name is satoshi nakamoto. The advantage and disadvantage of bitcoin is there are no authorize person or bank and country. That means no regulation under any government or bank . 

Bitcoin are under network node whose work on pear to pear . 

Bitcoin currency are use to shopping , send and transfer money , to purchase any web hosting , booking hotel etc.


why we use bitcoin ?

 we can said that the bitcoin is the digital currency not under any country's government or not under any bank so this currency become globally we can use it.

people are doing trading just like stock market to buy and shall the bitcoin in different platform just like  Bitstamp or bitfinnex .  

some country are given permission to bitcoin just like japan , china , Australia but most of country can not regulation bitcoin . 

as for Indian goverment is thinking about it .

where is stored bitcoin if bank does not exist ?

Bitcoin are stored in digital wallet of bitcoin cloud . just like our wallet of paytm , or bank digital just like people are send and receive payment of their account. there are lots of transaction of bitcoin might 256 gb across this transaction .



security of bitcoin is not secure because all transaction are see in publicly see by wallet id of sender and receiver .

how to earn bitcoin ? 

we  can earn bitcoin . some of computer expert are earn bitcoin there are havy machine are we can said that bitcoin miner . or we can said that to solve complex algorithm.


as for my point of view this is one type of risk to bitcoin .


Post a Comment

0 Comments