There are so so so many questions about bitcoin what is it? who is the owner? when it was invented? which banks are involved?is it legal or illegal? what is the scope? how to get it? what are the benefits? etc etc etc ........ so on >
Here we have all the answers of all of your questions..
It was invented in 3 jan 2009 by an unknown person with single administrator for person to person transaction within a network (almost 10 years ago)
It was released in 2009 with an official logo mention above with an open source software called block chain technology this software was launched under the group of people or people with the name satoshi nakamoto with the price of per btc 0.01$
Btc new form of currency
BITCOIN also called digital currency or crypto currency or digital mode of online payments between person to person or group to group without paying any kind of tax to the govt..
the good thing is that no central bank is involved in this business nowadays people are shifting from banking transaction and paper money into bitcoins it is user friendly very easy to use . you need to make an account on blockchain website convert your money into dollars then into Btc and then start doing only payments..
open source network
There are many crypto currency wallets on different exchanges
like bitcoin, litecoin , bitcoin cash , and 1000 more currencies are available in the market.
By the time , the price is increasing everyday when it was invented it costs 0.01 $ and now in 2018 one bitcoin costs 21000$ . It depends on supply and demand just like a dollar or any other trade buy it in lowest price and cell it in profit the price increases with demand. After the success of bitcoin many ponze coin launched over the time in market like one coin bitconnect now many coins are still in the markets Like firstcoin and there are many fake exchanges are also working in the market like livecoin and Fullcoin . so beware before investing your amount in these ponze schemes.
Written by : Nouman Kaleem
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