Post
Topic
Board Bitcoin Discussion
Re: What are you actually buying?
by
bcni
on 24/03/2018, 04:15:01 UTC
What is your actual purchase of Bitcoin? Bitcoin, after all, is a virtual currency that cannot be seen.

What you actually buy is an electronic key, which is a series of numbers and letters that give you the sole ownership of Bitcoin's blockchain. You can transfer this asset to any other market price in Bitcoin minus the transaction fee.