Bitcoin is a decentralized digital currency that can be sent from person to person via the internet without an intermediary. It works using a peer-to-peer system where miners verify transactions recorded on a public ledger. Over 100,000 businesses worldwide accept bitcoin directly and its use has grown rapidly in recent years. While bitcoin offers advantages like low fees and no borders, it also has disadvantages such as volatility, risk of lost wallets, and limited merchant acceptance.
A Beginners Guide To Bitcoin and Cryptocurrencies: Learn How To Buy And Mine Bitcoin, Advantages and Disadvantages of Investing in Bitcoin, How Bitcoin and Other Currencies Works And More
A Beginners Guide To Bitcoin and Cryptocurrencies: Learn How To Buy And Mine Bitcoin, Advantages and Disadvantages of Investing in Bitcoin, How Bitcoin and Other Currencies Works And More
Bitcoin is a decentralized digital currency that can be sent from person to person via the internet without an intermediary. It works using a peer-to-peer system where miners verify transactions recorded on a public ledger. Over 100,000 businesses worldwide accept bitcoin directly and its use has grown rapidly in recent years. While bitcoin offers advantages like low fees and no borders, it also has disadvantages such as volatility, risk of lost wallets, and limited merchant acceptance.
Bitcoin is a decentralized digital currency that can be sent from person to person via the internet without an intermediary. It works using a peer-to-peer system where miners verify transactions recorded on a public ledger. Over 100,000 businesses worldwide accept bitcoin directly and its use has grown rapidly in recent years. While bitcoin offers advantages like low fees and no borders, it also has disadvantages such as volatility, risk of lost wallets, and limited merchant acceptance.
Bitcoin is a decentralized digital currency that can be sent from person to person via the internet without an intermediary. It works using a peer-to-peer system where miners verify transactions recorded on a public ledger. Over 100,000 businesses worldwide accept bitcoin directly and its use has grown rapidly in recent years. While bitcoin offers advantages like low fees and no borders, it also has disadvantages such as volatility, risk of lost wallets, and limited merchant acceptance.
Bitcoin Digital Finance What is Bitcoin? BITCOIN • A Worldwide Digital Currency that is decentralized and not controlled by any government or institution. • Bitcoin is sent using the Internet directly from person to person with no bank or intermediary • Bitcoin is a Fast, Safe and Anonymous way to send money • Anyone can set up a Bitcoin account (No Qualifications) • No Fees, No Chargebacks and No Borders How Does Bitcoin Work? Anyone can purchase Bitcoin from a Bitcoin exchange 01 using dozens of different currencies and payment methods to buy and sell it.
Bitcoin is sent from person to person similar to how
02 paypal works with an email. All you need is a BTC address to send to and it will arrive instantly
Bitcoin relies on miners who verify all
03 transactions that are sent
Bitcoin is traded on the open market so there is
04 always a real value determined Who Uses Bitcoin?
Over 100,000 Business in the There are no refunds, chargebacks or
Growing fast as more US and estimated 500,000 fees to accept bitcoin and the money is merchants accept it daily worldwide received instantly when sent (Soon it (its easy to set up) will be everywhere) Is Bitcoin Safe?
Yes, Bitcoin is designed with privacy and security in mind with
all transactions happening anonymously so there is no personal information exchanged.
Every transaction must be verified by the Bitcoin mining
network before being validated
Bitcoin uses 2 keys…
1 Private Key (only available to owner of wallet) 1 Public Key (used by miners to verify the public ledger) Transaction Data
Its users in 2010 have
reached 10 MILLION per month
Currently (25 September 2021)
The bitcoin exchange rate is 603.227.044,80 RUPIAH Advantages and Disadvantages
1. There are no 1. Bitcoins are still only
boundaries, both accepted by a very regional boundaries small group of online and state and merchants. banking regulations. 2. Wallets can be lost 2. Lower transaction fees 3. No Valuation 3. Bitcoin has user Guarantee autonomy 4. No Physical Form 4. Bitcoin transactions 5. Bitcoin transactions are secure are also irreversible 5. Bitcoin may be a hedge against inflation Disadvantages Advantages Thank You Any question?
A Beginners Guide To Bitcoin and Cryptocurrencies: Learn How To Buy And Mine Bitcoin, Advantages and Disadvantages of Investing in Bitcoin, How Bitcoin and Other Currencies Works And More
A Beginners Guide To Bitcoin and Cryptocurrencies: Learn How To Buy And Mine Bitcoin, Advantages and Disadvantages of Investing in Bitcoin, How Bitcoin and Other Currencies Works And More