What Is Bitcoin? Introduction To A Digital Currency! Free Bitcoins?! (#33)

What Is Bitcoin?

Bitcoin is a Digital Currency (Crypto Currency) which is not really physically available. We cannot touch it. We usually see images of Bitcoin in which they are represented as Gold Coins with "B" written on them. Well, here's one:

But still, it's just an image it is not real (physically).

Bitcoin is a peer to peer transaction system & no third party is included while making transactions. Henceforth, Bitcoin within itself introduces a unique way of Transaction without having the risk of loosing any of the Money!

Who Is The Founder Of Bitcoin? & When Was It Invented?

Bitcoin is a digital currency invented by a person or a group represented/named as Satoshi Nakamoto in 2009. & nobody knows who that person or group was....! It's known as that the person reveals himself then he/she may go into the jail because they've performed some illegal activity. I honestly don't know whether if it's true or not or even if there's something illegal to do with the invention of bitcoin. like investing in it is not at all illegal, currently!

Visit: Bitcoin.org

To understand everything about Bitcoin, like: who found it, & when was it founded, number of transactions made, etc. etc.

How Do Bitcoin Gains It's Value/Price?

Nothing on its own.... It's just beleif of us, as we do with money. Many people Believe that. But Bitcoin do changes its value with the Demand & Supply Rule.

Free Bitcoins!

To get free bitcoins one of the best ways is BITCOIN MINING. You know, you've gotta mine Bitcoins.... Nothing comes for free but still Bitcoins would be free if you managed to mine them.

Did You Know?

Bitcoin can't be hacked! Because of some such sort of mechanisms it's built in by its founder.... Mechanisms like— Block Chain, etc. etc.

Alright, so this was just some.... basic Introduction to Bitcoin!

Thanks For Reading!

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