What is bitcoin is it worth investing in bitcoin.

in #steemit5 years ago

Hi steemit friend
IMG_20190918_230150.jpg

I write simple blog.
Bitcoin is a digital currency that is a virtual currency operating on the Internet. This currency started on the Internet in the name of Bitcoin in January 2009.
This currency can be used in any corner of the world, it does not have to take any bank's medium for payment.
Bitcoin is based on peer to peer technology, with the help of bit-skin, the transaction can be done between two computers, this bank does not need any bank for any bankcoin design and control can keep in their hands. No ID needs for it.This transaction has become amazing which is not done in other banking transactions.
Before the demonetisation in India, the value of bitcoin was USD 20 but after demonetisation, the demand for bitcoin in Indian markets increased continuously.From which Indian people invested enough in bitcoin.

In India, the RBI told people to avoid investing in digital currency, that since demonetisation, the investment in bitcoin continuously increased, due to demonetisation in India, a lot of black money was invested in bitcoin, due to which the Indian government gave cryptocurrency in India. Banned but still trading in Bitcoin, given that the Indian government is going to do something like this.Bitcoin will fall in value, so it is risky for Indian people to invest in Bitcoin.

Thanks
@pratapavin

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