BITCOIN क्या होता है || कौन USE करता है || BITCOIN MINE कैसे करते है || In Detail || {Hindi} || 2017

65 views · Published 23 May 2017 · 11:27 · Indexed 31 October 2026

Channel: AhMaD Infotech · 2017 · People & Blogs

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Today I will Tell You About Bitcoin.
Bitcoin is a digital currency (also called crypto-currency) that is not backed by any country's central bank or government. Bitcoins can be traded for goods or services with vendors who accept Bitcoins as payment.
Bitcoin is a digital currency created in 2009. It follows the ideas set out in a white paper
 by the mysterious Satoshi Nakamoto, whose true identity has yet to be verified. Bitcoin offers the promise of lower transition Fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies. Today's market cap for all bitcoin  in circulation exceeds $7 billion.
There are no physical bitcoins, only balances kept on a public ledger in the cloud, that along with all Bitcoin transactions is verified by a massive amount of computing power. Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity. Despite its not being legal tender, Bitcoin charts high on popularity, and has triggered the launch of other virtual currencies collectively referred to as Altcoins.

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