Thu, Jul 30, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Currencies more

Q&A: How bitcoin digital currency works

Posted on 06 January 2014

Bitcoin is a digital currency — a form of Internet cash — that was introduced in 2009. But it isn’t printed, like a dollar. It’s a form of money called cryptocurrency. Transactions are made by updating a log, but there’s no exchange of tokens.
Buyers and sellers are identified through ID numbers, and bitcoin can be used to buy goods and services. While bitcoin use is limited, an increasing number of merchants are accepting them as payment………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 41667 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
July 2015
S M T W T F S
« Jun    
 1234
567891011
12131415161718
19202122232425
262728293031