What Is So Great About Bitcoin? - Why is Bitcoin so valuable? - AboutBitcoin.io / One bitcoin is currently divisible to eight decimal places (100 millionths of one bitcoin);. Bitcoin is a new currency that was created in 2009 by an unknown person using the alias satoshi nakamoto. It is distributed with the use of a decentralized ledger system known as a blockchain. You can use it to buy. It incorporates technology, currency, math, economics and social dynamics. So what is bitcoin, if not a great philosophical belief?
Bitcoin is arguably 1 of the most liquid investment assets due to the worldwide establishment of trading platforms, exchanges and online brokerages. People tend to think of bitcoin as digital gold, but it can also be scary. Its value primarily comes from it being the first digital currency that no single person, organization or authority has control over. This is to say that bitcoin buyers believe the utility of paper money has come and gone. With bitcoin (crypto:btc), people can complete financial transactions digitally, or they can simply hold coins as they would any other investment.
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Bitcoin is a type of cryptocurrency.
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With bitcoin (crypto:btc), people can complete financial transactions digitally, or they can simply hold coins as they would any other investment. Bitcoin is a type of cryptocurrency. You can use it to buy. What are bitcoins good for? You can easily trade bitcoin for cash or assets.
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Its value primarily comes from it being the first digital currency that no single person, organization or authority has control over.
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