Bitcoin is a virtual currency (Cryptocurrency) that uses Blockchain technology for secure payments and storing money electronically, without requiring a bank or a person’s name.
Satoshi Nakamoto created this currency that uses Cryptography way back in 2009.
The biggest advantage of Bitcoin is that it’s not under control of central authority like government or private companies like banks e.t.c., so people are free from paying insanely high transaction fees E.T.C.
It can be used for booking a hotel or flight, or purchasing products online, as many online stores and companies including the likes of Bill Gate's Microsoft now accepts Bitcoin as a means of payment.
Today, there are almost 5,000 Bitcoin ATMs in major countries around the world and about 36 million users that have digital wallets. The price for one Bitcoin at the moment is $8,400+ and it’s growing continuously, proportionally with the interest for digital money.
Take a look at this infographic below, that illustrates in details some interesting facts about this incredibly popular virtual currency.
Satoshi Nakamoto created this currency that uses Cryptography way back in 2009.
The biggest advantage of Bitcoin is that it’s not under control of central authority like government or private companies like banks e.t.c., so people are free from paying insanely high transaction fees E.T.C.
It can be used for booking a hotel or flight, or purchasing products online, as many online stores and companies including the likes of Bill Gate's Microsoft now accepts Bitcoin as a means of payment.
Today, there are almost 5,000 Bitcoin ATMs in major countries around the world and about 36 million users that have digital wallets. The price for one Bitcoin at the moment is $8,400+ and it’s growing continuously, proportionally with the interest for digital money.
See the current bitcoin statistics below from coinmarket cap
Take a look at this infographic below, that illustrates in details some interesting facts about this incredibly popular virtual currency.
