Wednesday, February 26, 2020

What is Bitcoin? ( part 1)

What is Bitcoin?

Is bitcoin trading / income legal?

Where is central Bank of Bitcoin?

what's differences between Bitcoin and BTC?

How much does bitcoin cost?

I want to answer to all asks about Bitcoin !

Bitcoin was invented in 2008 by an anonymous person called satoshi nakamoto and started in 2009 .
No one knows who are Satoshi Nakamoto .

Bitcoin, Is cryptocurrency ( not currency ) In other words , this is digital currency and it isn't wallet; but we can make a Bitcoin Wallet for ourselves !

Bitcoin does not have a central bank or any Administrator or moderator .

This is an open source project .
you can get bitcoin by mining by miner devices or Collaborate with miner sites or humans .

According to Cambridge University's researches , All users count using cryptocurrency wallet in 2017 , Approximately between 2.9 and 5.8 million unique users and Most of them use bitcoin .

BTC is stands for Bitcoin , just like USD for United Stated Dollar . And there is And there is no Specific difference between BTC and Bitcoin .

Bitcoin prices are fluctuating. You can get the exact price of bitcoin from websites like coinmarketcap.(click to go to coinmarketcap)
Currently (2/26/2020 - 9:38 AM in GMT) Bitcoin price is about 9,168$

Bitcoin Trading and income Are legal in many countries . Look at this photo :



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