What is bitcoin ๐Ÿ’ฐ๐Ÿ”ฅ No money in the form of paper or metal

What is bitcoin? Bitcoin is not money in the form of paper or metal, which is commonly used in everyday transactions. Bitcoin is a virtual currency that is used in online transactions. 

What is Bitcoin?

There are many arguments about the history of the emergence of bitcoin. But according to Wikipedia, one Japanese man who invented bitcoin is Satoshi Nakomoto. Bitcoin is money that is not bound by any party or authority. Bitcoin is not issued by banks of any particular country.

What is bitcoin ๐Ÿ’ฐ๐Ÿ”ฅ No money in the form of paper or metal

Bitcoin is in the form of common files, where the file is an encryption of some code. Its storage space is a computer device, or flask disk.

On the other hand there is also a software that can also be used as a bitcoin storage medium called a bitcoin digital wallet. Not only this, there are other bitcoin repositories on the Internet called Bitcoin Storage Services.

Real money is also used in bitcoin transactions. The use of bitcoin can also have many advantages and disadvantages.

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