Bitcoin Gold Coin

What is Bitcoin?

Bitcoins are a Digital Currency whose Idea was presented in 2008. The Bitcoins are generated in complicated Computing Processes, which costs a lot of Time and Computing Power, which should prevent Inflation. On Platforms on the Internet, Bitcoins are traded for classic Currencies. The Aim is to enable a Monetary System that operates independently of States and Banks, speeds up Transactions and minimizes Costs.

In Particular, Bitcoins have become popular speculative Assets across the USA, with high Price Volatility, as well as a Kind of alternative Currency in Countries with Capital Controls – for Example much Trade is concentrated in China. But in Japan, Bitcoin is already an official Form of Payment in Addition to the Yen. The Number of Companies worldwide that accept Bitcoin is growing steadily.

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