what is bitcoin

what is bitcoin?

bitcoin

 Bitcoin may be a new currency that was created in 2009 by Associate in Nursing unknown person mistreatment the alias Satoshi Nakamoto. Transactions area unit created with no middlemen – which means, no banks! Bitcoin may be wont to book hotels on Expedia, buy a piece of furniture in stock and obtain Xbox games. however, a lot of the ballyhoo is concerning obtaining made by commercialism it. the value of Bitcoin skyrocketed into the thousands in 2017.

Why Bitcoins?

 Bitcoins will be wont to obtain merchandise anonymously. additionally, international payments area unit simple and low cost as a result of bitcoins isn't tied to any country or subject to regulation. little businesses could like them as a result of there are not any master card fees. Some folks simply obtain bitcoins as an associate investment, hoping that they’ll go up in price.