Post
Topic
Board Bitcoin Discussion
Re: How bitcoin work as a currency ?
by
momoro
on 02/03/2018, 15:07:50 UTC
Bitcoin isn't attached to a state or government, so itu doesn't have a central issuing authority or regulatory body, bassically, that means there's no organizational deciding when to make more bitcoins, digiring out how many to produce, kering track of where they are, so how does bitcoin work as a currency ?
How bitcoin works

Bitcoin is a digital currency that is not tied to a bank or government and allows its users to shop without revealing their identity. This coin was created by users who "mine" their currency by lending computing power to verify other user transactions. They accept bitcoin in return. These coins can also be bought and sold by swapping US dollars and other currencies .