Introduction to Bitcoin

1. What is Bitcoin?

Bitcoin is an electronic currency that cannot be held in the hand like paper or anything else but can only be felt. And to see this currency you have to use the internet, that is, through different wallets.

2. Why is Bitcoin used? What are the pros and cons?

A: People use bitcoin for various reasons like nowadays people don't like to carry around a lot of money in their pockets like before, because their pockets will be full, it will make them look bad so people don't like paper money, they are more inclined towards electronic currency, so bitcoin is more. Used.

The great thing about Bitcoin is that it is not like paper, it can be easily carried anywhere, on your phone. It has no third party like bank. So it is hassle free, managed directly by buyers and sellers. So it is applicable in many countries now to buy any daily necessities.
The bad side of Bitcoin:
Bitcoin doesn't know where it will go if it doesn't have to be very careful when it comes to bitcoin transactions. Therefore, it is better to transact very carefully when doing bitcoin transactions.
Bitcoin is not supported by all countries, so you can't buy anything with it everywhere. Which is a particularly bad aspect of Bitcoin.

Today I introduced Bitcoin on a small scale. If you want to read and know many more speculations coming up, follow me, don't forget to like, comment and share.
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