Question

What is bitcoin?
Where and how do we use it?

Answer 1

HEYA!!

A NICE AND TRENDING QUESTION LIKE PRIYA VARRIER...
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BITCOIN ==> IT IS A CRYPTO CURRENCY WHICH IS A TYPE OF DIGITAL CURRENCY BUT NO ONE KNOWS THAT WHO OWNS OR REGULATES IT...

WE USE IT FOR OUR DIGITAL TRANSACTIONS BUT MOST OF THE AUTHORITIES DENY TO ACCEPT IT...

HOW BE USE IT==>

IT IS STORED IN FORM OF CODES ONLY,
SO WHENEVER WE WANT TO TRANSFER, WE JUST HAVE TO PROVIDE THE CODE.

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IN MOST OF THE COUNTRIES, ITS ALREADY BANNED, AND I THINK IT IS ALSO BANNED IN INDIA(BUT I'M NOT SURE)


#KEVIN
HOPE IT HELPS YOU ☺

Answer 2

${\huge{\orange{\underbrace{\overbrace{\mathcal{\pink{ANSWER \: :}}}}}}}$

• 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.

• With your “regular” money, you can store it in a bank and spend it digitally through a bank transfer or PayPal. Or you can use a card like a debit or credit card to spend money. And, of course, you can also store cash in your wallet and spend it from there.

$\large\fcolorbox{red}{yellow}{Hope \: it \: helps \: you}$

$\large\colorbox{orange}{\color{black}{Mark \: as \: Brainliest}}$