Bit coin


yahoo.com


 Bitcoin is the modernists' form of money, during its early days' people take it as a joke but over time it upscale with no limits. Like back in 2011 it is no more than a dollar but nowadays its value is equal to 2300 thousand dollars which fluctuates with time. Although bitcoin is a form of cryptocurrency it’s gain the highest place in its family.

One thing which makes bitcoin different from conventional money is that it does not require a middle man for transitions, due to which it is called decentralized money, concept of cryptocurrency is originated after the 2008 financial crisis. As conventional money bitcoin is not governed by a central body or government, but by those people around the world who hold bitcoins. 
sovereigman.com

Most people think that these transactions are more secure than conventional transition because that is a look after by network of the computer throughout the world and their less chance of theft or hacking. Maybe this new digital currency makes us effortless and secure for transactions for many of us, but it can make governments less commendable on their currency and economy. They're for new laws and perceptions to be built to keep the records of this transition to avoid illegal activities.

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