Excellent and simple explanation of Crypto Currency

[naveed]

 

[Star Gazer]

What if each country uses blockchain technology to generate their own currency? bitcoin and other crypto- currencies could face serious problems.

I would say buy gold instead for the time being at least unless one can afford to experiment a little.

 

[Notpersonal]

What if each country uses blockchain technology to generate their own currency? bitcoin and other crypto- currencies could face serious problems.

I would say buy gold instead for the time being at least unless one can afford to experiment a little.

It is difficult because bitcoin has a value because it involves no government and no bank etc , point to point transaction or I must say people to people without involving any bank or government , and thousand of computers to verify that single transaction to be correct , that is security level of bitcoin specially

 

[Asad Mujtaba]

It is difficult because bitcoin has a value because it involves no government and no bank etc , point to point transaction or I must say people to people without involving any bank or government , and thousand of computers to verify that single transaction to be correct , that is security level of bitcoin specially

well explained sir.

BitCoin is getting mined and it isn't easy to mine. so that creates a value

 

[Spartacus]

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