What is Bitcoin

-

                       What is Bitcoin

Can you imagine a thing- the value of which was zero around 12 years back and now it's value is around 15 lacks. 
I am talking about Bitcoin, which is creating a buzz in financial market now a days. 
So now i am going to brief everything about Bitcoin. 

31 October 2008 Satoshi Nakamoto publish a paper on internet which was Bitcoin.Bitcoin is a D- Centralized digital currency which operates without mediator. D- Centralized means there is no owner of this currency nor any agency can control it, for example - RBI is controlling Rupees notes, Central bank of America is controlling dollars. Bitcoin is a digital current, it is not physical no one can touch it. 

            What is digital or crypto currency: 
Crypto currency is a digital assets over which bank or financial Institution has no control no rule or regulation. 
There are billions of people are trading in crypto currency. 

                         How to use Bitcoin
 Some people are using it as an investment while on the otherhand some are using it like a alternative currency, while some want to replace it with other currency and use Bitcoin in place of rupees and dollars. But the main use of crypto currency is investment. It is difficult to use Bitcoin as a daily transaction because it is difficult to use you can not buy food and vegetables by Bitcoin but their are some hotel and restaurant in Europe and America which are excepting Bitcoin from the customers.  rozbuzz_image

                           Bitcoin in India
The historical day for Bitcoin industry or crypto industry in India was 4th March 2020. When Supreme Court declared there is no legal prohibition on crypto currency trading and investment, this business is legal and RBI would have to repeal its ban upon it. After the decision of Supreme court several exchange have established  and this process has become very easy and friendly in India.
Location: United States

Comments

Post a Comment

Popular posts from this blog

National Youth Day

-
Image
                    National Youth Day National Youth Day celebrates January 12 every year in India. This day is the birthday day of Swami Vivekanand the India's greatest social leader and inspiration. Swami Vivekanand was born in 1863 into an aristocratic family in Kolkata India. Swami Vivekanand played an important role in reviving the spiritual image of India. In 1984  Indian government decided to celebrate Swami Vivekanand birthday as National Youth day, it also knows as Rastriya Yuva Divas. Swami Vivekanand seen as youth idol because of the relevance of ideas and his inspirational journey of his life. Glimpse of Swami Vivekanand journey In 1863 Swami Vivekanand was born into an aristocratic family in Kolkata India. In 1893 Swami Vivekanand spoke at the parliament of the World's Religion in Chicago and began his speech with "Sisters and brothers of America" immortalized the ideal of the monk belived in globally. In 1897 Swami Vivekanand founded the Ramkrishna Miss
Read more

INDIA VS AUSTRALIA 1ODI MATCH REVIEW

-
Image
 INDIA VS AUSTRALIA MATCH REVIEW After the period of eight months Indian Cricket Team came in the ground in of Sydney in Blue Jersey. Australia had a fantastic first wicket partnership both David Warner 69 and Aaron Finch 114 a fantastic hundred,  by this fantastic opening partnership and the end of the inning Maxwell did a fantastic cameo of 45(19) . Australia gave a huge total of 375 to India. India fielder did not do fantastic work in fielding department they have dropped so many catches and Indian Bowling side gave so many run the most expensive performance given by  Yuzvendra Chahal (10- 0 89-1) On the other side Indian opening pair gave thrilling start but after a little cameo Mayank Agarwal 22 lost his wicket. The most disappointing batting performance given by Captain Virat Kohli 21, Shreyas Iyer 2, K L Rahul 12 . But a thrilling performance given by Hardik Pandya 90(76) and Shikhar Dhwan 74 (86). Josh Hazlewood took 3 top batsman wicket (10-0-55-3) and Adam Zam
Read more