Bitcoin 101 Do you ever wish that the stash of cash, which you own in an online rummy or poker game were real? Bitcoin , is the topic of this course and is a paperless currency that is a peer-to-peer payment system. In simple terms , we can say that bitcoin is a digital currency or a form of online cash. It was outlined by a programmer apparently called by the name Satashi Nakamoto in 2008, in a paper published and built in 2009. What are Bitcoins? Bitcoins are like currency that can be exchanged for value. The only difference is that this currency is digital. No one can touch and feel it, but it can be exchanged with a few clicks. Who controls Bitcoins? No one controls Bitcoins. Bitcoins are a use case of the Blockchain technology. Like no one controls the email which a result of internet . A set of developers work on the technology to keep improving it. How do you set value to Bitcoins? Like any other commodity, the value of a Bitcoin is set by Demand and sup...
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