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Whoever bought bitcoin in 2011 has so much money in his bank account today that no one needs to think because in 2011 the price of one bitcoin was one US dollar and today the same one bitcoin is worth about 23 thousand US dollars. It is equal to the dollar and this price changes daily as the market deals with it. And not only in 2011, but in the last five years, the value of this digital currency has skyrocketed and the growing popularity of this new currency has become the focus of everyone's attention. People are wondering if this is our future. But the question is still the same, is it Bitcoin and how does it operate? To understand Bitcoin or cryptocurrency, its basic concepts must be compared with regular currency. Bitcoin is a type of cryptocurrency and similar to it. There are many digital currencies in the market today and this cryptocurrency is quite different from the regular currency that we use every day. Either gives money by credit card or gives money in cash. In both cases, there is an intermediary to validate the transaction, either the bank or the government that issued the currency note.When you buy and sell something through cryptocurrency, it is bypassed by the middleman, i.e. it is a peer-to-peer technology, i.e. the buyer pays the seller directly, no bank or government monitors this transaction. It is called Decentralized Currency.

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Its purpose is that when people make transactions or do business with each other, there is no third party or institution in the middle and people can easily make transactions without informing any government. The idea of ​​cryptocurrency emerged after the financial crisis of 2008, when many people innovated such a future as far as currency dealing or financial dealing is concerned. It should not require the permission of any third party and people can transact with each other. No centralized authority usually controls when it comes to currency If so, governments either fix the currency rate or somehow stabilize the economy by throwing a lot of money into the market. It belongs to the bank that is controlling it, but in the cryptocurrency world, no government or bank controls it, it is controlled by the people who are using it.All over the world there is a network of computers in which the record of all these transactions is kept and therefore whenever there is a transaction related to cryptocurrency, it is visible to all the people of this computer network. There is no chance of dishonesty or over- or under-funding, and cryptocurrency users also say that these transactions are very secure because of this, there is no risk of theft or hacking. The argument that it is inferior to conventional currency is quite strong from a consumer point of view, but if you look at it from the point of view of governments, it can be very frustrating because no government in the world would want its currency in its country. Losing control over it can have its advantages and disadvantages. Governments say that its disadvantage is that it is very difficult to keep a record of every transaction that takes place in this world using cryptocurrency, which is why many People also use cryptocurrencies to do illegal things and as the popularity of cryptocurrencies is growing in the world, all governments are considering many options on how to bring the currency into the mainstream and create new laws. Regulations should be made so that all the transactions of cryptocurrency should be recorded, i.e. the government should have a record of it. Investing in influencing the future and seeing that creep in the days and years to come How does a two-currency camel sit.