What is bitcoin

What is bitcoin

Bitcoin is the first decentralized digital currency. Bitcoin is digital coins you can send through the internet. Compared to other alternatives. Bitcoins have a number of advantages, they are transferred from person to person via the internet, without going through a bank or clearing house. This means that the fees are much lower, you can use them in every country, your account cannot be frozen and there are no prerequisites or arbitrary limits. Bitcoins are generated all over the internet by anybody running a machine called Bitcoin Mining Machine. Bitcoin is changing finance parallel to the change the web brought to publishing.