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Author Topic: What is Bitcoin, really  (Read 224 times)

Offline allcoinsmoon

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What is Bitcoin, really
« on: January 31, 2019, 12:14:24 PM »
Bitcoin is a digital currency, so there are no coins to mint or bills to print. There is not a government, financial institution or any other authority that controls it, so it’s decentralized. The owners who have Bitcoins in the system are anonymous—there are no account numbers, names, social security numbers or any other identifying features that connect Bitcoins to its owners. Bitcoin uses blockchain technology and encryption keys to connect buyers and sellers. And, just like diamonds or gold, a Bitcoin gets “mined.”

source: https://www.forbes.com

 

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