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What you need to know about Bitcoin!

If you've been on the internet or news stations in recent weeks, I'm sure you've heard of the new stock market taking over the world, but what exactly is digital cryptocurrency, who created it, and what is it? more importantly, how? you get involved in electronic currency. what is the risk good, fortunately for you, you have come to the right place. Here you will find everything you need to know about money online. However, it stores each transaction in a global ledger known as a "blockchain". People buy bitcoins based on trust. People buy bitcoins with cash; They use them to shop for goods. and earn more bitcoins by solving complex math problems. 

Who Invented Bitcoin?

It is unclear who started bitcoin. The original bitcoin software was released under license from MIT in Cambridge Massachusetts. 

Why the need for Bitcoin?

In today's world, the financial system is in full swing, currencies are falling, the crisis in Europe is causing shock waves around the world, massive government bailouts, and the Federal Reserve is printing money at alarming rates. However, the money is not yet in full circulation. 

Disadvantages of Bitcoin

Hacks. Hackers have stolen bitcoins from digital wallets and hijacked computers to create new own bitcoins using botnets. The largest Bitcoin exchange platforms have been compromised and hacked for a few million dollars. Hackers trade unsuspecting miners and bitcoiners. The problem is not only with those with bitcoin, a botnet or virus can break coins from your PC without you knowing it. 

Also integrity. without any governing body overseeing the unregulated bitcoin system. It is a complete matter of trust that Bitcoin is trading. How can you be sure you can trust Bitcoin? Well, it all depends on your personal preferences. If this is not a cause for concern and you are very risk tolerant, you are on your way. But if you're a little worried, bitcoin may not be for you. Change user. They have apps on Android and Mac, so you can have the luxury of bitcoin in the palm of your hand. First, by making sure your PC is clean, run an antivirus scan and stay up to date with the latest threats.