What is Bitcoin?

What is Bitcoin?
Esha May-05-2023 04:30:39
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1 Answer

Bitcoin is a digital currency that operates on a peer-to-peer network and is decentralized, meaning it is not controlled by any one person, organization, or government. Instead, it is powered by a global network of computers and is secured through cryptography. It allows users to transfer funds to one another without the use of a middleman or financial institution. Bitcoins can be used for buying goods and services online and in some stores, but their primary use is as a store of value and investment.
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answered 22 Aug 2023

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