Understanding Bitcoins, Cryptocurrency and Their Advantages
Bitcoin is a type of digital currency that made and held electronically. Unlike dollars or euros, they are not controlled by any party. They aren’t printed on paper, but instead produced by individuals and businesses using a computer program that tackles mathematical problems.
Bitcoins and Cryptocurrencies
Bitcoin are the first in a developing category of money we call cryptocurrency. Traditional currency is based on gold or silver. In theory, you know that if you give a dollar at the bank, you will get some gold in return (although this isn’t actually practiced). However, bitcoins are based on mathematics and not on precious metals...Read more »