Posts

What do you know about bitcoin?

avatar of @rachman-jr25
25
@rachman-jr25
·
0 views
·
1 min read

Source pixabay

Bitcoin is a virtual currency or electronic money created in 2009 by someone from Japan who uses the pseudonym Satoshi Nakamoto. Bitcoin is usually used in transactions on the internet without using an intermediary alias not using bank services. Transaction using bitcoin is very easy and practical so that now the use of bitcoin has been done by many people. Even today, bitcoin is not only used as a payment tool but also is used as a field to earn income by mining and trading in certain markets.

bitcoin uses a peer to peer (P2P) system. It's just that the system works without a single storage or administrator in which the United States Treasury calls bitcoin a decentralized currency. The price of bitcoin also penetrated 15000 USD at the beginning of 2018, but as the market price of bitcoin dropped, almost all cryptocurrency dropped. At the moment the price of bitcoin has been in the price of 10000 USD since it fell a few months ago, which was dropped in the price of 3000 USD last April.