Post
Topic
Board Economics
Re: Bitcoin to be international currency
by
mirakal
on 10/07/2016, 12:30:53 UTC
Now bitcoin is international currency, bitcoin  is a digital currency that allows for worldwide payments with low or no fees. Because it’s based on peer-to-peer technology, no central authority (like a government) controls Bitcoin. It’s entirely decentralized.You may have first heard of Bitcoin as the payment system behind Silk Road, the online black market later shut down by the FBI. Bitcoin was the Paypal to Silk Road’s eBay.
We all know that bitcoin is an international currency as we can easily transact online and because of the presence of the local exchanges in different areas it could be easy for us to encash our bitcoins when needed.