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Articles Tagged ‘what is bitcoin evolution’
Bitcoin is a type of digital currency based on the peer-to-peer network. It was introduced in 2009. What makes this type of currency totally different from the widespread currency used is that it is not centralized or depending on any banking or authorities creatority. Nevertheless, Bitcoin offers a number of benefits. For example, it options […]
Bitcoins have been initially regarded as a marketing gimmick, but now it is a full-fledged currency, which is supported by many companies and many people additionally spend their time trading in bitcoins. Many people buy and sell bitcoins to get profits and likewise many companies use them because the payment option to make payments more […]
Distinction between Bitcoin and Currency of Central Banks What is the distinction between central bank licensed currency and Bitcoin? The bearer of central bank licensed currency can merely tender it for change of products and services. The holder of Bitcoins can’t tender it because it’s a virtual currency not authorized by a central bank. Nevertheless, […]