Most of the common people think that bitcoin is used only by hackers and criminals,even one of my friend said that it is used by hackers when I am telling about crypto currency to him.Later I explained what is bitcoin and other crypto currencies but still he confused,he can only get what is bitcoin when he research about himself.
In this situation how can we explain that what is real bitcoin?
Bitcoin is a digital currency that is decentralized and is transacted between 2 persons or organization. Bitcoin is run on blockchain which is a digital ledger where all transactions are recorded which is immutable. Bitcoin was not intended to be used for terror sponsoring, was not for drugging and was not for money laundry. It was for virtue, to empower the poor and the needy.