Bit coins or digital currency's that you can send through the Internet compared to other alternatives, which has a number of advantages. Bitcoins are transferred from person to person via Internet without going to the bank or clearing House.
This means that your fees are lower you are able to use them in every country your account cannot be frozen . several currencies exist where you can buy and sell bitcoins for dollars & euros.& more.your bitcoin are kept in your digital wallet on your computer or your mobile device .Sending bitcoins is as easy as sending an email and you can purchase anything with bitcoins. Bitcoin network is secure by individuals who are called miners .
Bitcoin has open up a brand new platform of innovation, it's a completely open source where anyone can review the code
Bitcoin Is changing finance all over the world when everyone has access to an open market great ideas flourish also bitcoins are great for businesses to minimize transactions fees.
I am hoping that this information is useful for understanding how bitcoin works
please leave a comment below and let me know what you think
news cryptocurrency, bitcoin and tips!
Follow, Resteem and up-vote
I hope you find this information useful
Stay up to date on more great posts like this one.