Art, asked by Anonymous, 1 year ago

what is bitcoin ????????


ksst0327gmailcom: Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator.

Answers

Answered by Anonymous
2
HEY
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Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator.

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Answered by Anonymous
1

Answer:

Bitcoin in simple language is another form of currency.

In particular it is a cryptocurrency moving underground or we can say thru digital means and not physically.

It has no relation to banks or organisations,is a peer-to-peer technology.

Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part.

It has various advantages over other payment methods but its security is the issues.Countries are not strong enough to deal with blockchain and bitcoin.

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