What is Bitcoin?
Bitcoin is a Virtual currency and it’s a Peer-to-peer
system, it’s an open source and no one control especially it was not controlled
by any government, bank, and not regulated by any government agencies.
How it works
According to Bitcoin it is like email. You can transfer or
receive digital money. Once receiver confirms the transaction it will be moved
to public ledger.
How to get Bitcoin?
You have to create a bitcoin wallet; bitcoin wallet is a
programme in which you can make transactions. Its free of cost you can create
it for free of cost. Once you created your bitcoin wallet login you need to
have bitcoin address, this is very important for receive payment. Once you got
the address you have to open blockchain.info and mentioned your address. Now you
can buy Bitcoin.
Bitcoin is penetrating into all developing nations as well,
but governments and financial agencies are not in position to regulate or
completely ban the Bitcoin. We have wait and see how governments will regulate
bitcoin.
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