Biticon is a cryptocurrency which is known as electronic currencies for exchange, it also use as a medium of exchange of goods and services.
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I think generally bitcoin is legit no doubt about it but whether it is Lega or not now depends on different countries so that is just the simple logic behind legitimacy of Bitcoin there are some countries that don't permit the use of Bitcoin it is illegal does that allows the use of bitcoin it is legal.When you want to talk about whether Bitcoin is legal or not, this would really depend on which country you are from. There are countries where it's legal and others where it's not.
The ability of bitcoin to be untraceable when the transaction goes south is one disadvantage of the cryptocurrency that the government is trying to correct by means of putting up a regulation framework for the cryptocurrency.Bitcoin is a digital currency, which can be use to purchase goods and services. It is very hard to trace when transaction go south...
I really don't know much about Bitcoin but all I know that is one of the crypto currency and I could trade it into my local currency at the end of it and is very save and easy to trade with.For some time now Bitcoin is the talk of every town. However, i am wondering what it is. Well, Bitcoin is the first ever digital currency that is used and distributed electronically. It is a decentralized currency as the control does not lie on any central authority.
I have been looking for a way to learn all these about cryptocurrency so far especially about bitcoin. thank you for raising this issue and I can see a lot of people have answered the question already. Thanks to all who did soFor some time now Bitcoin is the talk of every town. However, i am wondering what it is. Well, Bitcoin is the first ever digital currency that is used and distributed electronically. It is a decentralized currency as the control does not lie on any central authority.
There is no known person that is attributed to the founding of bitcoin , Nakamoto Satoshi is referred to but his identity is unknownFor some time now Bitcoin is the talk of every town. However, i am wondering what it is. Well, Bitcoin is the first ever digital currency that is used and distributed electronically. It is a decentralized currency as the control does not lie on any central authority.