What is Bitcoin ?
Bitcoin is decentralized digital currency, which can be transferred to anyone, anywhere in the world via internet without any mediation any from central authorities like bank or government
The key points to be noted
Its decentralized – Bitcoin currency is not store at single location, rather it is store in databases know as ledgers spread all over the world
Its Digital Currency - Unlike Dollar or Rupee, Bitcoin is digital currency and it is not present in physical form. You will not get a printed noted of a bitcoin
No Mediation – There is no central authorities governing the transaction ,which also means that there is no authority to complain if you lose bitcoin due to malformed transactions
Welcome to Steemit!
We have all been waiting for you, we are glad you could make it.
I have given you a upvote to help you out!
Hope you love Steemit as much as we do.
Give these a read:
Chat with us:
If this post was helpful, please leave an upvote. It helps me to keep helping new users.
I'm sunnybooster, a booster for accounts not posts. Send me 0.5 STEEM or SBD to get a week of upvotes! If you don't yet know what this is its fine.
I am a bot and this was automated. I exist to help out new members and attempt to get them hooked
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit