Asia Bitcoin Investment Whatsapp Group Link: Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain.
Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created as a reward for a process known as mining.
They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.
Bitcoin has been controversial, largely because it is not regulated by governments or central banks.
Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain.
Bitcoin is unique in that there are a finite number of them: 21 million. As of 6th July 2017, the total value of all existing bitcoins exceeded $42 billion with a total market cap of $70 billion.
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The price of bitcoin has seen a significant increase in value during 2017, with the price per bitcoin rising from $1,000 in January to over $2,500 in June. Bitcoin is popular in Asia to make money on the go.
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