Posts

Showing posts with the label #bitcoin

Why is Bitcoin so popular among the Investors?

Image
What is Bitcoin & why is it so popular? D ear Readers, There are many popular paper currencies like Indian rupees Yen Euros Dollars, Dinars but today I am going to tell you about a cryptocurrency which is a perfect example of how the world economy has become digital. Yes, the most popular Bitcoin currency has become popular among investors for a long time. Let's just start from the beginning. What is Bitcoin? Bitcoin is a digital or virtual cryptocurrency that cannot be touched or seen but it is electronically stored in your phone, computer or any secured storage location of a media device.  This virtual currency was launched in 2009 by an anonymous person who used alias name as Mr. Santoshi Nakamoto. The idea was to provide a cheaper, quicker and easier transactions by which you can get rid of bank statements Credit card, Debit cards and other banking intermediaries by inventing a digital cryptocurrency. Benefits of using a Bitcoin Bitcoins are...