What Is BitCoin
Bitcoin is simply the rupee, dollar, pound, euro and one other currency. As with other currencies, the value of Bitcoin is determined by supply and demand. Bitcoin was first introduced in 2008 by Satoshi Nakamoto.
So Bitcoin is usually abbreviated as BTC. From now on we will continue to work under the acronym BTC.
The difference is that we do not have the opportunity to see this BTC in practice in any way. This means that like credit / debit card money, we can deal with other currencies through a computer system. Money has no owner. Value is determined by the number of members used. If you want to convert this BTC to our currency, you must use a BTC exchanger.
Today a BTC is worth about $ 50,000, which is more than 10,000,000 rupees. Around 2010 the value of a BTC was around $ 0.05 . You could get 200 BTC for $5.
But today you can see a lot of cryptocurrency in the early stages like this.
.But the demand for BTC is still growing but not declining. So it is difficult to buy such an expensive BTC, so BTC has introduced three parts as sub-units.
- 1 Satoshi = 0.00000001 BTC
- 1 uBTC (MicroBitCoin) = 0.000001 BTC
- 1 mBTC (MiliBitCoin) = 0.001 BTC
Today, BTC has become an integral part of online transactions. So I think the best investment for the future is to have cryptocurrencies like BTC. Add BTC whenever you can. Because in the future every transaction will have to be done in such currencies.
Learn how to make a BTC Wallet correctly How to make a BIT COIN WALLET correctly Read the article.
Those who would like to know about such investment opportunities in the future, stay tuned with me.
Congratulations!
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