Some Bitcoin Guides For Beginners In Cryptocurrency:

in bitcoin •  7 years ago 

WHAT IS BITCOIN? 

bitcoin is a electronically created digital cryptocurrency and no one controls it.

WHO CREATED IT?

a software developer whose name is SATOSHI NAKAMOTO. thats why Bitcoin is also known as "satoshi".

WHO PRINTS IT?

no one. it is completely digital currency. you can buy things electronically by using them.

WHAT IS BITCOIN BASED ON?

conventional currency is based on gold or silver but Bitcoin is based on mathematics.

CAN WE CHURN OUT UNLIMITED BITCOINS?

no. only 21 million bitcoin can ever be created by miners. of which 16 millions have already been created.

WHY SHOULD I USE BITCOIN?

 its completely decentralized, its anonymous, its fast, transaction fees are minimal, its completely transparent and more many advantages.

WHERE CAN I BUY BITCOIN?

you can buy bitcoin from various exchanges like Coinbase, Kraken, Zebpay, Bittrex, Unocoin, etc.



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