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akmodss
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Update: 2024-03-29 00:27:35
Date: 2022-10-29
TG 650429, Telegram, India, IN
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What Is Bitcoin?

Bitcoin is a decentralized digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. Bitcoinā€™s creator, Satoshi Nakamoto, originally described the need for ā€œan electronic payment system based on cryptographic proof instead of trust.ā€ Each and every Bitcoin transaction thatā€™s ever been made exists on a public ledger accessible to everyone, making transactions hard to reverse and difficult to fake. Thatā€™s by design: Core to their decentralized nature, Bitcoins arenā€™t backed by the government or any issuing institution, and thereā€™s nothing to guarantee their value besides the proof baked in the heart of the system. ā€œThe reason why itā€™s worth money is simply because we, as people, decided it has valueā€”same as gold,ā€ says Anton Mozgovoy, co-founder & CEO of digital financial service company Holyheld.


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Created Date: 2021-06-25

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