WHAT IS BITCOIN AND WHAT IS THE USE OF BITCOIN
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Answer:
Bitcoin is a cryptocurrency created in 2009. Marketplaces called “bitcoin exchanges” allow people to buy or sell bitcoins using different currencies. 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!
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Explanation:
Bitcoin is a cryptocurrency. It is a form of digital currency and it does not have a physical form.
It is used like normal currency. Many companies and countries are starting to accept it as an official currency.
for more details watch the video on how cryptocurrency works by mr whose the boss.
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