Post
Topic
Board Bitcoin Discussion
Re: How bitcoin work as a currency ?
by
iqlimasyadiqa
on 19/03/2018, 11:38:04 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 is like a regular currency, but what sets it apart is Bitcoin in digital form. Bitcoin is not regulated by the government and there is no body or agency that regulates Bitcoin. Currently Bitcoin is severely affected by what Bitcoin owners do, as more and more people are using, and more and more are attracted to Bitcoin, Bitcoin prices will increase. So Bitcoin's way of working on a price is up to us all Bitcoin users.