Bitterwine's increased craze, Despite the Reserve Bank's warning, 2,500 people are investing daily

New Delhi | Despite the Reserve Bank of India's warning, more than 2,500 people are investing in digital currency bitcoin. According to a domestic Bitcoin exchange, the number of those who download it has reached five lakhs. Apex based Bitcoin exchange, Jebpe said in the statement that the number of downloads on the Android platform has reached more than five lakh and it is increasing every day by more than 2,500.

The company said that this shows that people are accepting bitcoin. The company started operations in 2015 itself. Let us know that the central bank has repeatedly expressed its concern over the use of digital currency such as bitcoin because it could be a serious threat to issues like financial, legal, customer protection and security.

What is bitcoin

It is also called virtual currency. According to the news, the cost of a bitcoin in India is about Rs.1,10,000, so it is also called expensive currency. This currency can be done without any arbitration transactions through computer networks. The advantage of bitcoin remains that the transaction remains anonymous.

Bitcoin is constructed from complex computer algorithms and computer power, called mining. This currency is also called crypto currency, just like rupees, dollars and euro are bought, in the same way buying bitcoins is also purchased.

More recently, the news of RanSware cyber attack 'Vana Cray' came across the world, and there were about 100 country computers in its grip and the amount of ransom was sought for unlocking them, too as bidakoini.
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