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What is Bitcoin?
So what exactly is this bitcoin?
Can you make or lose real many?
☆ Sent from iOS Dr. Know! 1.0.03
7 Answers
- 4 years ago
Bitcoin is an Electronic Currency. you need to have a bitcoin machine to earn bitcoins
- -Lv 54 years ago
https://en.wikipedia.org/wiki/Bitcoin
Bitcoin is a virtual currency issued by a virtual bank. It is similar to a Pyramid scheme, started in 2009 and timed to fizzle out by 2040. Meanwhile, the original schemers/'inventors', eg Satoshi Nakamoto, are laughing all the way to the real banks.
https://en.wikipedia.org/wiki/Pyramid_scheme
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- Anonymous4 years ago
A Bitcoin is an electrical currency digitally encoded its current value is around $3,200
Way over my head and there is no way in hell that I'm going to own it it's not traceable there's no way to get your money back and the only purpose for having at Bitcoin it so you can buy drugs or some other illegal crap off of the internet without somebody being able to praise you if I'm going to sink $3,200 into something it's going to be solid gold something I can hold in my hand not some numbers that some Chinese people have .manufactured.
And so you give up all your money to buy Bitcoin right and the Chinese decide yes the Americans are in debt to us by trillions of dollars now we can keep the money that they paid for the Bitcoins since they owe it to us anyway watch out
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- R TLv 74 years ago
Bitcoin is a currency (money) that only exists in cyberspace and is not controlled by any country or government. People doing business on the web like bitcoins because they aren't controlled by any country. There are many legitimate users, however many scammers and malware merchants demand payment in bitcoins to avoid authorities.
- .Lv 74 years ago
Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! There are no transaction fees and no need to give your real name. More merchants are beginning to accept them: You can buy webhosting services, pizza or even manicures.
- MIKELv 54 years ago
yes bitcoin is money. Online money, makes it easier for making transactions online