What and why bitcoins

RADHIKA, NALLABELLI

What and why bitcoins - 2014 - 55-60

Bitcoin is digital money that is rapidly gaining popularity as a payment system. Bitcoin is a virtual currency that can be generated through complex computer software systems with solutions shared on a network. Hardly three years into its existence, Bitcoin has already become world's most expensive currency. Bitcoin is on line currency that can exchanged in virtual tokens for goods and services at places that accepts it, similar to payments you make for purchase of goods and services in cash.

BITCOIN DIGITAL MONEY

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