What is bitcoin ?
Bitcoin is not a coin which you can touch.Bitcoin is basically a digital crypto currency which is not touchable (like our rs 10,100 and 2000 notes) only in form of digital numbers in your account , which is usable many placeses like shopping and buy and sell something in which countries there it is legal.
What is crypto currency ?
Bitcoin bassiccaly work on crypto principle,meaning of crypto is much complex network.And this network use in transactions to transfer the bitcoin one place to another's accounts.
Why Bitcoin ?
Now a days people are talking about digital world then the starting of digitalization of world is start from currency.Many people buy this at ruppe 10 and now its goes in lacks,so its value is chanching with time.So you can buy and use it there it is legal.
Is it safe ?
It is totally unbalance and vary with time and if we ignore this then also it have their own risk and terms and condition. Many big countries like America accepted this crypto currency there it is legal and people use it and also there is some countries like India , Chaina and Russia not accept this currency.First you understand the reason behind this is that no one control the bitcoin.And hacking is much difficult of bitcoin due to use of blockchain technique.
Where can you buy Bitcoin ?
Bitcoin has there own website https://bitcoin.org/en/ just go there and make account and there are many option to buy it but its cost is much high and vary. Many rich people doing bussenes of buy and sell of Bitcoin some of time they got profit and also loss sometimes.
Value of Bitcoin
The value of bitcoin is changing with time now 17th June 2018 its value is
Who is the owner of Bitcoin ?
There no one claim as founder of Bitcoin but people say that Satoshi Nakamoto.Australian entrepreneur says he invented bitcoin. Australian entrepreneur Craig Wright says he's the inventor of the digital currency bitcoin. Wright told the BBC that he is Satoshi Nakamoto, the shadowy creator of the cryptocurrency, in a move that could end the years-long search for the inventor.
Where can use Bitcoin ?
Bitcoin can be used in those countries where it is legal and there not where it is banned.You can use it to buy or sell something like notes and other touchable currency.
Is minining of Bitcoin is possible ?
In general no minning is possible because the quantity of Bitcoin is pre defined so there is no chance of minning os this digital currency.But some spacific compuer operators mine the bitcoin to solve the code of blockchain during transaction.
Why some countries banned Bitcoin ?
Bitcoin banned by some countries because of many reasons given below
In which countries Bitcoin has banned ?
There are some big countries is given where it is illegal or not used.
In which countries Bitcoin has legal ?
Some important contries are given where Bitcoin is legal.
Bitcoin is not a coin which you can touch.Bitcoin is basically a digital crypto currency which is not touchable (like our rs 10,100 and 2000 notes) only in form of digital numbers in your account , which is usable many placeses like shopping and buy and sell something in which countries there it is legal.
Bitcoin bassiccaly work on crypto principle,meaning of crypto is much complex network.And this network use in transactions to transfer the bitcoin one place to another's accounts.
Why Bitcoin ?
Now a days people are talking about digital world then the starting of digitalization of world is start from currency.Many people buy this at ruppe 10 and now its goes in lacks,so its value is chanching with time.So you can buy and use it there it is legal.
It is totally unbalance and vary with time and if we ignore this then also it have their own risk and terms and condition. Many big countries like America accepted this crypto currency there it is legal and people use it and also there is some countries like India , Chaina and Russia not accept this currency.First you understand the reason behind this is that no one control the bitcoin.And hacking is much difficult of bitcoin due to use of blockchain technique.
Bitcoin has there own website https://bitcoin.org/en/ just go there and make account and there are many option to buy it but its cost is much high and vary. Many rich people doing bussenes of buy and sell of Bitcoin some of time they got profit and also loss sometimes.
The value of bitcoin is changing with time now 17th June 2018 its value is
1 Bitcoin = Rupees 4,44,042.16
There no one claim as founder of Bitcoin but people say that Satoshi Nakamoto.Australian entrepreneur says he invented bitcoin. Australian entrepreneur Craig Wright says he's the inventor of the digital currency bitcoin. Wright told the BBC that he is Satoshi Nakamoto, the shadowy creator of the cryptocurrency, in a move that could end the years-long search for the inventor.
Bitcoin can be used in those countries where it is legal and there not where it is banned.You can use it to buy or sell something like notes and other touchable currency.
In general no minning is possible because the quantity of Bitcoin is pre defined so there is no chance of minning os this digital currency.But some spacific compuer operators mine the bitcoin to solve the code of blockchain during transaction.
Bitcoin banned by some countries because of many reasons given below
- No owner of bitcoin is presence so no one take responsibility for any risk.
- And during the transaction no thrid party is avilable to trace it like bank.
- So it increse the correption and the Deep web also take advantage this oppurtunity.
In which countries Bitcoin has banned ?
There are some big countries is given where it is illegal or not used.
- Thailand
- China
- Taiwan
- Bolivia
- India
- Germoney
- Russia
In which countries Bitcoin has legal ?
Some important contries are given where Bitcoin is legal.
- Singapor
- Iseral
- Japan
- France
- Neitherland
- Itly
- Swizerland
- The United States
- Australia
- The European Union
- Canada
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