Question

what is a bitcoin and it's current value??????

Answer 1

Hello Frnd

BITCOIN is a type of Crptocurrency which is used to make payments. it can be sold or purchased. Bitcoin is the largest crptocurrency in the World.

It is an electronic currency which is not available in physical form, it is not available is printed form like rupee or dollars.

It doesn't require any central bank or single administration to operate it. It's administration is decentralized, it means no one controls it.


Value of Bitcoin

1 Bitcoin = ₹ 847010.82

Or

1 Bitcoin = US $ 13000

The value of Bitcoin changes every second, thtswhy everytime if you check you will get different amount. It very fluctuating.



hope it helps
#jerri

Answer 2

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In 2009, an unknown programmer by the name of Satoshi Nakamoto put forward a whitepaper that proposed a creation of new form of digital currency - cryptocurrency. Cryptocurrency functions the same way as regular currencies do in that its used as a means of exchange, unit of account and a store of value.

Cryptocurrency, just like other resources, has some demand for it, and subsequently a market price. The significant difference is Bitcoin’s intangibility - there is no bank-issued notes or papers - meaning that rather being used in hand-to-hand transactions, Bitcoins are stored and exchanged digitally within a decentralized, peer-to-peer network.